Learning About Bankruptcy Proceedings

  • Don't Fall Victim To An Illegal Foreclosure

    30 June 2016

    Foreclosure is a difficult process that can make even the strongest person feel helpless. Know that you aren't helpless. While things may not be going as you had originally planned, this does not mean that all hope is lost. Even when you are going through a foreclosure – you still have legal rights. Sufficient Warning Even though the terms of your mortgage agreement likely stated that if you defaulted on the loan a foreclosure may be executed, this doesn't absolve the lender from warning you if they are going to take this action.

  • Two Ways Your Landlord Can Still Evict You After You File For Bankruptcy

    27 January 2016

    If you're behind on rent, it's usually just a matter of time before your landlord tries to evict you from the home. You can effectively stop an eviction attempt by filing for bankruptcy before your landlord can acquire an eviction order from the court. While the automatic stay makes it illegal for the landlord to put you out while it's in effect, there are actually two ways the person can circumvent the bankruptcy filing and still evict you.

  • 3 Easy Ways To Get Rid Of Your Debt

    17 August 2015

    Are you currently struggling with a large amount of debt? If so, here are a few ideas that you may want to consider in order to help pay your debt off.  1. Start Selling Stuff  You most likely have a decent amount of stuff in your home that you are not even using anymore, such an old exercise bike or a spare TV. Once you and your family have gathered up your unwanted and unused items, you should do everything that you can to try to sell them.

  • Facing Foreclosure? Here's 3 Ways the Bank Can Help

    29 June 2015

    With the economy taking a downturn over the last few years, many homeowners are finding themselves facing foreclosure. Whether it be because of a reduction in hours, divorce, job loss, or a death in the family, the thought of foreclosure is scary. If you are struggling to keep up and worried that you might lose your home, there are a few ways you can get back on your feet. It might be time to get on the phone and ask the bank what options they can offer you.

  • Changed Your Mind About Filing Bankruptcy? Here Is What You Need To Know

    23 June 2015

    Whether you made the decision to file for bankruptcy hastily or you simply do not like the idea that you could lose some of your property, you might not be able to dismiss your case. There are special circumstances that govern if you can.  Who Can Dismiss Your Case? When you file, there is no guarantee that your case will follow completely through the bankruptcy process. At any time, the court can dismiss your case.

  • 3 Benefits Of Hiring An Attorney When Filing A Social Security Disability Claim

    22 May 2015

    Living with a chronic illness, condition, or injury can make it impossible for a person to hold down a job and work full time hours. Many families cannot make ends meet when one adult is unable to work, especially if there are medical bills to be paid. Social Security disability benefits were designed to assist the Americans who are in this position by providing supplemental income each month. Disability benefits typically depend on how long you have worked and how much money you have paid into Social Security over the years.

  • Dos and Don'ts of Dealing with a Client Who Filed Chapter 11 Bankruptcy

    7 April 2015

    If you've recently received a notice that one of your business clients has filed for chapter 11 bankruptcy, you might be wondering what this means to you--especially if this client owes you money. How can you ensure that you're eventually repaid? What steps do you need to follow in the meantime? By knowing what to do and what not to do when you receive such a notice about one of your clients, you can ensure the situation is handled properly.