Articles from Law Office of Steven P. Taylor Bankruptcy Blog

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Holiday Debt Cure

Submitted by Anonymous (not verified) on Sun, 01/19/2014 - 00:32

HOLIDAY DEBT CURES
By:  Steven P. Taylor, Attorney at Law
It is that holiday season again. A number of potential debt traps exist that could lead to long-term credit card bills for payment of holiday things such as Thanksgiving dinners and Christmas presents and the travel to each that we must pay for.

Holiday Debt Cure

Submitted by Anonymous (not verified) on Sun, 01/19/2014 - 00:32

HOLIDAY DEBT CURES
By:  Steven P. Taylor, Attorney at Law
It is that holiday season again. A number of potential debt traps exist that could lead to long-term credit card bills for payment of holiday things such as Thanksgiving dinners and Christmas presents and the travel to each that we must pay for.

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Submitted by Anonymous (not verified) on Wed, 01/08/2014 - 08:30

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Submitted by Anonymous (not verified) on Wed, 01/08/2014 - 08:30

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Second Mortgage Debt Relief

Submitted by Anonymous (not verified) on Sun, 12/18/2011 - 19:01

Second Mortgage “Stripping”

One of the advantages of filing bankruptcy under Chapter 13 is that an entirely unsecured second mortgage, or other junior mortgage, can be “stripped” from your homestead or other real estate.  This mortgage is then treated by the Chapter 13 plan as an unsecured claim, the same as a credit card or other unsecured debt.  Consequently, it only has to paid in part rather than being paid in full as for most mortgages.

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