Once a Chapter 13 bankruptcy case is filed and a plan is proposed, it’s going to run for a certain number of months, typically between 36 and 60 month.  Now, there are some cases that end much earlier than 36 months and there are no cases that can exceed the 60 months.  So somewhere between+ Read MoreThe post How many payments do I have left

Uncertainty is no fun, especially when it’s your financial future. Peer into the crystal ball to set your mind at ease.

Bankruptcy is known for helping people prevent vehicle repossession when they file before the lender attempts to take the property.  But what happens if the repossession has taken place before your petition was filed? Can you get it back? There is a possibility you can get your vehicle returned to you after beginning the filing [...]

Foreclosure Rates are Down and Housing Sales are Up The end of 2012 may have marked the close of our most recent recession.  Recent reports are showing that foreclosure rates were down by 41 percent in Los Angeles County when compared to the previous year.  This decrease in foreclosures, combined with the increase in housing [...]The post Is Now a Good Time to Buy? appeared first on National Bankruptcy Forum.

If you are considering filing a Chapter  7 or Chapter 13 bankruptcy it is important to be able to classify your debts as secured and unsecured.  These debts are treated very differently in both Chapter 7 bankruptcies and Chapter 13 bankruptcies.  If you file a Chapter 7 the unsecured debts will be discharged in the [...]

What the FDCPA is and to Whom It Applies

Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for March 26, 2013 Dionne Warwick files for bankruptcy: Singer owes over $10 million, has just $25K in assets ‘Upscale’ Revel N.J. casino files bankruptcy Otelco files for bankruptcy after losing key contract

In short, if you file for bankruptcy before getting married your future spouse will not be affected.  This is a common concern for a debtor to bring up during their consultation with an attorney.  For some reason, many people are under the impression that a couple shares a credit score or there is a “joint [...]

As many of our clients filing personal bankruptcy get older, we often see clients who have taken reverse mortgages on their homes.