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Bankruptcy Information

U.S. Department of Justice Levels Deception and Fraud Allegations at Morgan Drexen and Others

On May 11, 2012 documents were filed in two bankruptcy cases by United States Department of Justice, Office of the United States Trustee against Morgan Drexen and others. The allegations made are very sternly worded. In the first document filed against Morgan Drexen, Howard Law, Figueredo & Boutsis, and Rosen & Wining the trial attorney for the Office of the ... Read More »

    Chapter 13 Bankruptcy – What Is It Questions

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    Let’s take the mystery out of what is chapter 13 bankruptcy and eliminate your questions. No sense for you to labor under false assumptions and guesses. Bankruptcy is a legal process that allows consumers to allow the court to intervene between them and their creditors in order to put together a plan to repay creditors based on what the individual ... Read More »

      Life After Bankruptcy – The Truth

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      Here is what you need to know right off the bat, there is absolutely life after bankruptcy. Ironically for many their financial lives turn out to be better and stronger than before. Almost all the negative preconceived notions you may have about bankruptcy are generally incorrect. That surprises most people. Let’s look at some of the key areas of life ... Read More »

        Should I File for Bankruptcy?

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        Many people are all mixed up when it comes to figuring out the tough question, “Should I File for Bankruptcy?” Right off the bat I can give you a definitive answer, “Maybe.” Bankruptcy is a legal process that is available to consumers that are suffering under the weight of problem debt. The law affords consumers a periodic right to establish ... Read More »

          Getting a Job or Finding a Job After Bankruptcy

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          A common conern I hear from time-to-time is if someone goes bankrupt will they be able to find a job or get a job. The answer will surprise you. According to Christine Saah Nazer, of the U.S. Equal Employment Opportunity Commission, “The use of credit histories in employment can have a disparate impact on a range of people, including people ... Read More »

            How Does Bankruptcy Work?

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            Bankruptcy is one of those things people are afraid of, but they really don’t know why. Once you learn the facts about bankruptcy and how it works, you’ll want to know more. Bankruptcy is a legal process that is administered through the court. While people can technically file bankruptcy themselves, it’s not a smart idea. Mistakes happen and a mistake ... Read More »

              Chapter 7 Bankruptcy – What is the Truth?

              Chapter 7 Bankruptcy The Truth

              So You Want to Know What is the Truth About Chapter 7 Bankruptcy I’m not afraid to be open with you so let me just come out and say, most of the bad things you’ve heard about chapter 7 bankruptcy are not factually correct. Most of the junk I’ve read online is designed more to steer you away from bankruptcy ... Read More »

                How Long After Bankruptcy Can I Buy a House?

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                How long after bankruptcy can I buy a house? Well there is a question that people often want to know. They assume they will not be able to buy a home or get a mortgage after bankruptcy but that’s just not true. The reality is most people that claim you can’t get a mortgage after bankruptcy, don’t know what they ... Read More »

                  Bankruptcy Filings Spike With Tax Refunds

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                  A recent paper from the National Bureau of Economic Research has found that tax refunds create a spike in bankruptcy filings by as much as 7 percent. The reasoning behind this spike is due to households needing to file bankruptcy but not having the cash on hand to actually declare bankruptcy. The tax refunds actually help to fund that process. ... Read More »

                    I Just Filed Bankruptcy and I’m Out of Debt, Now What Should I Do?

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                    I noticed someone had recently searched for information the other day about what do to once they were out of debt. An excellent question and probably one I take for granted far too often. Getting out of debt generally involves digging yourself out or some sort of intervention like bankruptcy. The entire experience can often teach you important life lessons ... Read More »

                      Bankruptcy in Florida

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                      Bankruptcy is processed and treated differently in each state of the United States of America. With the economy being less than favorable, numerous people have been contemplating about the decision of declaring bankruptcy in Florida; however, since the laws of each state are different, it is important to be able to first understand the legality of declaring bankruptcy in Florida. ... Read More »

                        Filing for Bankruptcy

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                        Filing for bankruptcy is indeed an arduous process that requires you to be acquainted with all the specifics in order to get everything right from the onset. With all its ups and downs, it can help you stop foreclosures and block creditors from harassing you as you try to build your finances. Below are tips to help you wade through ... Read More »

                          Bankruptcy in Michigan

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                          Declaring bankruptcy in Michigan can be quite stressful depending on the type of familiarity that one has with the legal system in the area. Depending on the amount of assets that one has on hand and the type of properties that are considered as exempt from the declaration of bankruptcy, those who are on the fence will want to either ... Read More »

                            File Bankruptcy — But Keep Your Car for Much Less Than You Owe

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                            The following article was submitted by Attorney Steven Elmer from 722Redemption.com to help people learn how it may be possible to keep their car or truck after bankruptcy for far less than the current amount owed. In Chapter 7 bankruptcy, debtors have three main options regarding financed personal property items. They can surrender, reaffirm, or redeem the item. When choosing ... Read More »

                              How to Find a Bankruptcy Attorney In Your Area

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                              It can be tough to find a good bankruptcy attorney. It is an unfortunate fact that some bankruptcy attorneys are not very honest in their dealings with clients. For this reason, you need to be careful to work only with a reputable bankruptcy attorney. The difference between a reputable bankruptcy attorney and a disreputable one is like the difference between ... Read More »

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