Articles from David M. Siegel

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Extending The Time In Your Home Through Bankruptcy

Submitted by Anonymous (not verified) on Tue, 02/24/2015 - 18:16

Foreclosure I think it’s safe to say that the peak of the foreclosure crisis is behind us. Many people have already lost their homes, sold their homes, walked away from their homes or reorganized their debt through chapter 13 bankruptcy. Others have received modification offers from lenders, offers for deeds in lieu of foreclosure, relocation+ Read More

Protecting Your Privacy Through The Bankruptcy Consultation Process

Submitted by Anonymous (not verified) on Wed, 02/18/2015 - 19:58

Most bankruptcy attorneys utilize an intake questionnaire to gather information about the potential client. This information is critically important to determine whether or not chapter 7 or chapter 13 would apply. It is also important to know what type of assets are involved, what type of debts are involved, and importantly, the income and expense+ Read More

Filing Your Chapter 13 Bankruptcy Case Is Just The Start

Submitted by Anonymous (not verified) on Tue, 02/17/2015 - 18:05

Major Events It takes a lot for some people to take action. It takes a major event sometimes before someone will pick up the phone and seek help. Sometimes it’s in the form of a lawsuit served by a Sheriff to the front door. Other times, it’s a notice from the Secretary of State that+ Read More

Has Your Overspending At Christmas Come Back To Bite You?

Submitted by Anonymous (not verified) on Fri, 02/13/2015 - 22:53

There is no bigger shopping season than the time between Thanksgiving and New Year’s Eve. The Main Street marketing firms are getting you to purchase as early as Thanksgiving, all the way through Christmas and even after Christmas until the first of the year. Many Americans make those purchases on credit. Usually the first credit+ Read More

Bankruptcy Talking Points Memo

Submitted by Anonymous (not verified) on Thu, 02/12/2015 - 18:48

Setting Up The Bankruptcy File Correctly To conduct a successful bankruptcy case, you have to have your file set up correctly from the outset. I’m talking about having every detail covered so that you don’t fall into any of the open man holes and potholes that lie ahead of you. Of course there is the+ Read More

Are You Still Worried About Filing Bankruptcy?

Submitted by Anonymous (not verified) on Wed, 02/11/2015 - 18:16

Are you still one of the many people who have this notion that filing for bankruptcy will bring the end of the world for you? Do you consider it a total failure? Are you afraid that friends, family and co-workers will find out about your filing? Are you worried about being able to buy a+ Read More

Bankruptcy Filings Continue To Drop

Submitted by Anonymous (not verified) on Tue, 02/10/2015 - 18:18

The total number of bankruptcy filings dropped 14% from January to January of the prior year. In fact, the year over year filing totals have been declining for over four years, specifically for 50 consecutive months. You would think that by four years of decreased filings that things in the United States would be great.+ Read More

It’s Difficult To Borrow Your Way Out Of Debt

Submitted by Anonymous (not verified) on Mon, 02/09/2015 - 20:07

About 10 to 20 years ago, I would see the same typical creditors in a bankruptcy case. I would likely see credit card debt, outstanding medical bills, parking tickets, tax debt, and an occasional unsecured, personal loan. These are the majority of creditors that made up bankruptcy cases 10 to 20 years ago. My how+ Read More

The Bankruptcy Payment Plan

Submitted by Anonymous (not verified) on Fri, 02/06/2015 - 17:53

Most people thinking about filing for bankruptcy are understandably concerned about paying for the service. They wonder how in the world they going to pay the attorney’s fees and the court costs in an effort to get out of debt. After all, they have very little available per month after they are paying all of+ Read More

Income Tax Refund At Risk When Filing Chapter 7 Bankruptcy

Submitted by Anonymous (not verified) on Thu, 02/05/2015 - 18:04

When you file a chapter 7 bankruptcy, you are basically telling creditors that you have no significant assets from which to pay them. To prove this, on your bankruptcy petition you must list all of your property of every nature. You are then allowed to protect or exempt a specific amount of property depending upon+ Read More

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