Bankruptcy filings are a matter of public record. When you file for bankruptcy protection, your creditors are notified and it will appear on your credit report. However, there will not be a front page ad taken out announcing the fact that you have filed in your local newspaper. Unless your friends and family decide to … Continue reading Bankruptcy Filings: What You Need To Know
If you are attempting a loan modification or making “trial mod” mortgage payments you need to know what’s going on behind the scenes. YOU ARE GOING DOWN THE ROAD TO FORECLOSURE! It’s important to consult a bankruptcy attorney even if you are not considering filing bankruptcy as an option. When you are in the loan … Continue reading Foreclosure? Consult a Bankruptcy Attorney
Homeowners who pay their monthly mortgage payments late risk losing their homes. If a homeowner can help it, staying current with mortgage payments prevents future financial problems. Situations occur at times, however, that make paying the mortgage more challenging, such as an unexpected illness or job loss. In these circumstances, some homeowners must accept lower-paying … Continue reading Late Mortgage Payments
Andrew Keshner New York Law Journal In a case highlighting problems created by the widespread inability of debtors to hire attorneys, a Nassau County judge has rejected an out-of-court settlement between a debt buyer and a pro se litigant who said she had been “intimidated” into taking the deal. “It was painfully obvious to the … Continue reading Why Debtors Should Hire Counsel
For anyone who is going through financial crisis and fear the loss of your own home, know you aren’t alone. Just like countless other people, you could have lost a job or suffered a pay cut, your adjustable rate mortgage could quite possibly have reset and you also can’t afford the payment, or falling property … Continue reading Considerations: Personal Financial Crisis
If you are considering filing bankruptcy in New York under chapter 7 or 13, the first thing that you need to do is determine your eligibility. Remember, bankruptcy enables debtors to protect their property as well as save lots of money on existing debts. But when you are out to file for bankruptcy in New … Continue reading Filing Bankruptcy In New York: Eligibility Requirements And Guidelines
Is bankruptcy looming on the horizon and you’re looking for a good Queens New York Bankruptcy Lawyer to help you? Then this is certainly the article for you, because it contains all the information you need to know to make a good decision! You will get all the help you can get, but contact them … Continue reading Queens New York Bankruptcy Lawyer
Bankruptcy filings are up considerably. So, don’t be surprised if you open your mail and find a letter from an attorney telling you that one of your clients or customers is seeking relief from the courts to solve his or her financial troubles. The bankruptcy process is full of rules that the debtor and creditor … Continue reading 2011 and the Rise of Bankruptcy
Credit Reporting and Bankruptcy: Is Your Post-Discharge Credit Reporting Inviting Trouble? 11.15.2010 Diane P. Furr Lisa P. Sumner In difficult economic times, debtors’ attorneys closely review credit reports looking for potential legal claims against creditors. Long after a debtor has been discharged from bankruptcy, creditors can find themselves defending claims of improper credit reporting. A … Continue reading Credit Reporting and Bankruptcy
If one wants to file chapter 13 bankruptcy, one of the prerequisite is bankruptcy confirmation. The bankruptcy confirmation is also known as reorganization. The plans for repayment of debt need to be submitted at the time of filing the bankruptcy or within 15 days of application filing. The purpose of the hearings for bankruptcy confirmation … Continue reading Filing Chapter 13
