The Process Of Bankruptcy

Everyone in their life faces a tough financial situation over which one does not have any control. In today’s world our financial transactions and our life are very much dependent on Credit & Loans. We all have some or the other form of Credit on our name but the real problem is not having credit […]

Chapter 13 Loan Buyout, They Can Still Be Done Counselor!

Chapter 13 protection filings are at an all time high due to the soft economy. I have many clients that have been successfully refinanced out of their home loans while in bankruptcy. These clients assumed that the chapter 13 program was no longer available due to credit restrictions. This is not true, however, the rules […]

Debt Recovery Tribunal In India

Introduction In many of the developing countries and the transition economy, the quality of the formal judicial institution is poor. The cases in the court are subject to long delay. As a result the economic agents can not depend on the courts for the protection of their property rights, leading to the high transactions costs […]

Debt Recovery Act Of India

Introduction: In the early days the people live their life miserably. The conditions of the living standard of the people were not up to the mark rather we can say that the living standard of the people was very low. But after independence, the central government felt the need of improving the living standard of […]

Know How Bankruptcy Deal With Small Businesses Debt

<!– @page { margin: 0.79in } P { margin-bottom: 0.08in } A:link { so-language: zxx } –> Chapter 7 Bankruptcy allows you to eliminate most common types of unsecured debts. Unsecured debt can include : credit union loans, finance company loans, bank loans, medical bills, and credit card debt. Other things that chapter 7 bankruptcy […]

A Solution To Streamline Chapter 7 And 13 Bankruptcy Law Firm Operations

When a consumer is interested in filing bankruptcy, they will normally contact a bankruptcy attorney  in their area or simply walk into their office with no prior appointment.  The average consumer will also want to know how much it will cost to file bankruptcy, at which time the attorney must gather enough information about their […]

How To Choose A Good Bankruptcy Lawyer

The one thing that is worse than filing bankruptcy is hiring the wrong lawyer to handle your case. Finding an experienced, competent and expert bankruptcy attorney can make a huge difference to your future financial situation. Choosing the right lawyer or firm is important to your reclaiming your financial life. Here are 10 tips to […]

Debts Not Erased By Bankruptcy

What debts are not erased by bankruptcy? Many people filing for bankruptcy are surprised to find out that not all of their debts are discharged – that is, erased. Certain debts are not eligible for discharge, including: Back taxes Child support and/or alimony Any debts that resulted from a government fine or legal decision – […]

Short Sale Loss Mitigation Guide

A short sale is a form of loss mitigation wherein a bank accepts the sale of a home for less than what the borrower owes on it. Once forwarded to the bank, the proceeds of a sale are considered full payment and the mortgage is considered settled. Many people turn to short sale as a […]

Does My Chapter 13 Payment Change With My Income ?

<!– @page { margin: 2cm } P { margin-bottom: 0.21cm } –> The decision to file for bankruptcy is not one to take lightly. With the multiple bankruptcy plans available and the changes to bankruptcy law that occurred in 2005, it is important to be an informed about options from various scenarios. If you are […]

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