If you are facing bankruptcy, you have many questions. If you are facing bankruptcy and are over the age of 65, one of those questions might be whether you are too old to file. It is true that your own life circumstances, including your age, can make a big difference…
Category: Bankruptcy
When you decide to file for bankruptcy, it’s wise to work with a bankruptcy law firm that can represent you and handle the legal process on your behalf. There may be many bankruptcy lawyers in your area to choose from. Choosing the right law firm could make a significant difference…
Bankruptcy is a great way for some people to get rid of all or most of their debt, but the process is confusing for some. Individuals filing bankruptcy typically have questions before, during, and even after the process is finalized. If you are suffering from immense debt, below are the…
Many federally backed mortgage loans are currently under foreclosure moratoriums. This means that many loan servicers are unable to file mortgage foreclosure actions against homeowners who have been unable to make their mortgage payments. For many homeowners already in the foreclosure process, this also means that many homeowners have been…
Stigmas are very difficult to overcome, and many people believe that bankruptcy has a certain stigma attached to it. It is this perceived stigma that stops many people from taking advantage of bankruptcy and the protection it provides. Bankruptcy, however, is a right provided by the U.S. Constitution. Hundreds of…
If you’re having problems paying your mortgage, help is within your reach. Take heart knowing you’re not the only one scrambling to meet debt payments on the home you own – especially during the COVID-19 era. The percentage of homeowners at least one payment delinquent jumped 4 percentage points in…
Filing for bankruptcy can be an effective means of managing debt that’s become more than you can bear. You’ll benefit from debt relief and a fresh financial start. You’ll be able to stop debt collectors from harassing you, taking action against you, and repossessing your property. On the downside, however,…
No one ever wants to file bankruptcy but, sometimes, it is the only option. Many people understand that bankruptcy is a way for people to discharge their debt so they can get a fresh start and begin rebuilding their credit. Unfortunately, this is the extent of the knowledge many people…
Making the decision to file for bankruptcy is always a difficult one. Once you have determined that it is your best option, it is critical to avoid some common mistakes both before you file, and throughout the process. Aside from the enormous amount of paperwork involved, filing for bankruptcy requires…
