Blog Posts in March, 2010
Posted on Mar 30, 2010 By Los Angeles Bankruptcy Lawyer
Despite what you may have heard, you can eliminate your credit card debt through bankruptcy. Since the bankruptcy laws were revamped in 2005, many people have expressed confusion over whether or not ...
Continue reading "Can I Eliminate Credit Card Debt Through Bankruptcy?" »
Posted on Mar 26, 2010 By Los Angeles Bankruptcy Attorney
If you are being threatened with foreclosure, a short sale is viable alternative you should consider. A short sale occurs when the lender agrees to allow the homeowner to sell their home for less than ...
Continue reading "What is a Short Sale?" »
Posted on Mar 22, 2010 By Los Angeles Bankruptcy Lawyer
In 2005, a new set of bankruptcy laws were enacted to make it more difficult for people to file for Chapter 7 , the form of bankruptcy that eliminates non-secured debt. The laws were created to try to ...
Continue reading "Bankruptcy Means Test" »
Posted on Mar 18, 2010 By Los Angeles Bankruptcy Attorney
Rumor is that movie rental chain Blockbuster Inc. may be heading to bankruptcy court. With almost $860 million in debt and high competition from rental kiosks, by-mail rentals, and online downloads, ...
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Posted on Mar 16, 2010 By Los Angeles Bankruptcy Attorney
If you have been served a Notice of Foreclosure, it’s natural to panic. However, you should know there are several alternatives to foreclosure that may help you save your home, such as: ...
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Posted on Mar 10, 2010 By Los Angeles Bankruptcy Attorney
If you are struggling with mounting debt and are searching for a debt relief option, you should consider either debt settlement or debt negotiation. Both debt settlement and debt negotiation are ...
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Posted on Mar 8, 2010 By Los Angeles Bankruptcy Lawyer
With the foreclosure rate at an all-time high, millions of Americans are losing their homes. Fortunately, struggling homeowners who are having a hard time making their mortgage payments do have ...
Continue reading "Chapter 13 Can Help Fight Foreclosure" »
Posted on Mar 4, 2010 By Los Angeles Bankruptcy Attorney
The Obama Administration has drafted a proposal that would require servicers to evaluate a delinquent borrower for the federal Home Affordable Modification Program (HAMP) before the foreclosure ...
Continue reading "New Obama Proposal Requires Lenders to Consider Borrowers for Modification Program" »
Posted on Mar 2, 2010 By Law Office of Teresa Beyers
If you are planning to file for bankruptcy, it is important that you do not make any of the following mistakes: Do not try to hide any of your debts or assets or attempt to transfer your assets or ...
Continue reading "Don’t Make These Common Bankruptcy Mistakes" »