Preventing Home Foreclosure A previous post discussed some of the general aspects of a Chapter 13 Bankruptcy plan. For a homeowner who is delinquent their mortgage, the amount to be repaid may be substantially lower than the amount the moneylender claims that you owe. Mortgage Company Reasonableness Most mortgage companies are upfront and evenhanded when...Read More
Many Americans simply have more debt than they can afford to repay. Despite what you hear, it is rarely due to irresponsibility. No one sets out to accumulate $7,000 in credit card debt, but a temporary job loss, sudden illness or other financial emergency can quickly drain savings and force people to charge normal living expenses....Read More
Many individuals contact us because they are drowning in debt and don’t know which debt relief option is the best for them. We commonly get questions regarding having debt “written-off” by lenders and how it impacts them. Typically, a lender will write-off your debt (also referred to as charging-off your debt) if you have been...Read More
Many people who fall behind on their bills feel overwhelmed when creditors start filing collection lawsuits against them. In fact, it is not uncommon for people to simply ignore the lawsuits and hope they will simply go away. This tactic never works! As soon as you are served with a petition or complaint against you,...Read More
If you have fallen behind on your bills and debt collectors are starting to call, it is critical that you know your rights, including your ability to demand debt verification from the creditor. Debt verification is extremely important because it is possible that the collector has made an error or failed to acquire the necessary...Read More
People who have an income but still cannot pay all of their bills have several debt relief options available to them. Debt Negotiation or Bankruptcy? If you are trying to determine whether debt negotiation or a Chapter 13 bankruptcy is the best option for you, we can help. We can review your individual circumstances and...Read More
When you are struggling to pay your bills and considering filing for bankruptcy protection, it is important to understand which type of filing is best for you. This blog will discuss the benefits of filing a Chapter 7. Be sure to read our next blog to learn more about the benefits of a Chapter 13...Read More
The stress of dealing with debt can be overwhelming. It can have a detrimental effect on every area of your life. It is important to understand that you are not alone. The economic downturn has affected individuals across our nation. If you live in Florida, and you are considering filing for bankruptcy protection, call our...Read More
Deciding whether to file for bankruptcy protection is a difficult decision. There are numerous factors that must be considered and it is important for you to understand all the pros and cons of a Chapter 7 or Chapter 13 case. Although no two cases are the same, below are a few things you should be...Read More
If you have fallen behind on your bills, you are probably being contacted by debt collectors. The debt collection industry is known for using harassing tactics to persuade debtors into paying their debt. As a result, the Fair Debt Collection Practices Act (FDCPA) is a law that was passed prohibiting collection agents from using unfair,...Read More
