The Role and Responsibilities of a Bankruptcy Trustee
During bankruptcy proceedings, all of your assets and debts are viewed as an estate. A bankruptcy trustee is an entity, usually an individual, who oversees
November 6, 2013
During bankruptcy proceedings, all of your assets and debts are viewed as an estate. A bankruptcy trustee is an entity, usually an individual, who oversees
The credit counseling industry spends millions advertising their services to consumers to assist with debt. Their high profile appearance on sporting events broadcasts and other
There are many sources of information available concerning bankruptcy, and not all of them are accurate. Several of the myths surrounding Chapter 7 bankruptcy are
Foreclosure is usually set into motion when a homeowner is 3 or 4 months behind on their mortgage payment. The bank will notify the borrower
One of the biggest concerns for those who are facing bankruptcy is how long they will have to wait before they can qualify to buy
Bankruptcy can be a great financial tool for those who have an unmanageable amount of debt and need a clean slate. Depending on your individual
Lien stripping is the process of eliminating junior mortgages (2nd or 3rd mortgage, home equity lines, etc.) from your real estate as part of the
Filing for bankruptcy brings mixed emotions for most people. On the one hand, you probably feel relieved that your financial stresses have been relieved or
Generally, you file a Chapter 7 bankruptcy to obtain a discharge, or cancellation of your responsibility to pay your “dischargeable” debts. However, there are times
The decision to file for bankruptcy is not one that most people take lightly. However, it may be the right decision if you are in