Considering Personal Bankruptcy? Not all Debts are Forgiven

iStock_000003523715XSmallOne of the most common myths about bankruptcy is that all of your debts will be forgiven. First, it depends what type of bankruptcy you file for.

Can Chapter 13 help Ace Frehley?

Ace Frehley Facing Foreclosure | Music News | Rolling Stone.
Former Kiss guitarist reportedly owes over $700,000 on New York home

Can Chapter 13 help Ace Frehley?

Ace Frehley Facing Foreclosure | Music News | Rolling Stone.
Former Kiss guitarist reportedly owes over $700,000 on New York home

Collectors Still Calling Your Cell?

 
Under some circumstances, a collector may invite substantial liability and end up turning over a pretty large check to a Washington or Oregon consumer for making collections calls to a cell phone. Federal law now places stringent limits on debt collectors using automated dialing machines. How often does this happen? If there are a few moments of silence on your line when you pick up a call, chances are good that the collector is using an auto-dialer. If the collection agency leaves a pre-recorded message, the odds are also great that the caller used an auto-dialer.

New "Loss Mitigation Mediation" in the Bankruptcy Court

I. Pursuant to Administrative Order 13-01, the Bankruptcy Court for the Southern District of Florida has implemented a "Loss Mitigation Mediation" (LMM) program. The goal of LMM is to "facilitate communication and exchange of information in a confidential setting and encourage the parties to finalize a fesible and beneficial agreement with the assistance and supervision of the United State Bankruptcy Court."

Should You Delay Filing a Bankruptcy Case Until April 1?

Sometimes in a Bankruptcy case, timing is everything There are lots of numbers in the Bankruptcy Code: numbers that limit filing under Chapter 13 consumer reorganizations based on the amount of debt that you owe; numbers that determine the amount of your exemptions; and numbers that determine your eligibility for a Chapter 7 filing based [...]The post Should You Delay Filing a Bankruptcy Case Until April 1? appeared first on

Why should I file for bankruptcy if I’m using a debt consolidation service right now?

Differences Between Bankruptcy And Debt Consolidation There are huge differences between bankruptcy and debt consolidation services.  If you’re filing a chapter 7, you are going to get a fresh start.  If you are using a debt consolidation service, you are going to wind up paying back to creditors.  It’s quite possible that you really don’t+ Read MoreThe post

Two People Who Built Their Greatest Successes After Bankruptcy

iStock_000000985714XSmallFiling for bankruptcy is a difficult decision. Bankruptcy can come as a relief, but you may also feel a sense of failure. It isn’t the end of the world. In fact, it’s a new beginning.

How to File Chapter 7 Bankruptcy

To start a chapter 7 bankruptcy case, a person needs to file a petition with the United States Bankruptcy Court. Usually the case is filed with the Bankruptcy Court in the district where the person lives. If a person lives in Palm Beach County, Florida it is usually filed with the Bankruptcy Court in Downtown West Palm Beac Miami and if a person lives in Broward County, Florida, the case is usually filed with the Bankruptcy Court in Ft. Lauderdale. The Bankruptcy Court for the Southern District of Florida includes Miami-Dade, Broward, Palm Beach, and other nearby counties.

When can I buy a house after filing for bankruptcy?

How Soon Can I Buy?

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