Monthly Archives: January 2012

How to recover from financial ruin? – Credit Cards and Bankruptcy

Before the recession hit, the housing market was booming and people were using that boom to buy new things. People overspent and maxed out their credit cards, and then just consolidated it all into a new mortgage. Where second mortgages … Continue reading

Posted in After Filing Bankruptcy, Bankruptcy Counseling, Bankruptcy Course, Bankruptcy in California, Bankruptcy in Florida, Bankruptcy Means Test, Bankruptcy Washington State, Chapter 11 Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Debtor Education Course, Filing Bankruptcy, Financial Counseling, How to file for bankruptcy, Kansas Bankruptcy, NJ Bankruptcy, Personal Bankruptcy, personal financial management course, Post Bankruptcy, Student Loan Bankruptcy | Comments Off

What are the key events in the bankruptcy process and when will the bankruptcy be over?

Many people believed that bankruptcy would mean the end of one’s financial life. There are lots misconceptions about bankruptcy because not everyone is informed about the entire process and how it really goes. For people who don’t seem to have … Continue reading

Posted in After Filing Bankruptcy, Bankruptcy Counseling, Bankruptcy Course, Bankruptcy in California, Bankruptcy in Florida, Bankruptcy Means Test, Bankruptcy Washington State, Chapter 11 Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Debtor Education Course, Filing Bankruptcy, Financial Counseling, How to file for bankruptcy, Kansas Bankruptcy, NJ Bankruptcy, Personal Bankruptcy, personal financial management course, Post Bankruptcy, Student Loan Bankruptcy | Comments Off

Declaring Bankruptcy Can Improve Your Credit Score

Foreclosure gives you headaches and the events after this turn your stomach upside down. Having these delayed payments, lawsuits probably, repossessions, foreclosures, and the like, will result to poor credit reports. You will not be able to get loans at … Continue reading

Posted in After Filing Bankruptcy, Bankruptcy Counseling, Bankruptcy Course, Bankruptcy in California, Bankruptcy in Florida, Bankruptcy Means Test, Bankruptcy Washington State, Chapter 11 Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Debtor Education Course, Filing Bankruptcy, Financial Counseling, How to file for bankruptcy, Kansas Bankruptcy, NJ Bankruptcy, Personal Bankruptcy, personal financial management course, Post Bankruptcy, Student Loan Bankruptcy | Comments Off

How Long Can You Stay in Your Home Before Foreclosure Without Making Payment?

With new Loan Modification Program of Obama, homeowners now are worried and feel that there are not helped with this law. They are worried about how long they could stay in their house and their ordeal on being forced out … Continue reading

Posted in After Filing Bankruptcy, Bankruptcy Counseling, Bankruptcy Course, Bankruptcy in California, Bankruptcy in Florida, Bankruptcy Means Test, Bankruptcy Washington State, Chapter 11 Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Debtor Education Course, Filing Bankruptcy, Financial Counseling, How to file for bankruptcy, Kansas Bankruptcy, NJ Bankruptcy, Personal Bankruptcy, personal financial management course, Post Bankruptcy, Student Loan Bankruptcy | Comments Off

Can a Second Mortgage Declare Foreclosure Before the First?

Being in a financial trouble is difficult and getting out of one is more challenging. If you have two mortgages and you are facing an impending foreclosure, you should first know the facts.   The second mortgage is a loan … Continue reading

Posted in After Filing Bankruptcy, Bankruptcy Counseling, Bankruptcy Course, Bankruptcy in California, Bankruptcy in Florida, Bankruptcy Means Test, Bankruptcy Washington State, Chapter 11 Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Debtor Education Course, Filing Bankruptcy, Financial Counseling, How to file for bankruptcy, Kansas Bankruptcy, NJ Bankruptcy, Personal Bankruptcy, personal financial management course, Post Bankruptcy, Student Loan Bankruptcy | Comments Off

IRS Form 1099-A, 1099-C, and the Cancellation of Debt in Foreclosure

When you borrow money from a creditor who later cancels the debt for any reason, then the cancelled amount will have to be included when you file your income tax papers. Initially when you borrowed a sum of money from … Continue reading

Posted in After Filing Bankruptcy, Bankruptcy Counseling, Bankruptcy Course, Bankruptcy in California, Bankruptcy in Florida, Bankruptcy Means Test, Bankruptcy Washington State, Chapter 11 Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Debtor Education Course, Filing Bankruptcy, Financial Counseling, How to file for bankruptcy, Kansas Bankruptcy, NJ Bankruptcy, Personal Bankruptcy, personal financial management course | Comments Off

New Bankruptcy Law Makes It Harder To Stop Foreclosure

New Bankruptcy Law Makes It Harder To Stop Foreclosure Are you facing huge financial problems that might lead to you being unable to keep up your mortgage monthly payments? This is a very common problem in the United States these … Continue reading

Posted in After Filing Bankruptcy, Bankruptcy Counseling, Bankruptcy Course, Bankruptcy in California, Bankruptcy in Florida, Bankruptcy Means Test, Bankruptcy Washington State, Chapter 11 Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Debtor Education Course, Filing Bankruptcy, Financial Counseling, How to file for bankruptcy, Kansas Bankruptcy, NJ Bankruptcy, Personal Bankruptcy, personal financial management course, Post Bankruptcy, Student Loan Bankruptcy | Comments Off