Most secured loans, such as mortgages and car loans, demand that if you want to keep your secured item (your house or car) you must reaffirm. This involves signing a document, usually in the form of a one page document, stating that you agree to pay this debt and if you do not, they can ...
With the new bankruptcy law in effect, many people are wondering what the changes are. While there are plenty of new things to take into consideration, most of the people affected will be those who wish to apply for Chapter 7 or Chapter 13 bankruptcy. Here are some of the basic changes that are most ...
It used to be easier to file for bankruptcy in New Jersey than it is now. In 2005 they changed The Bankruptcy Abuse Prevention and Consumer Protection Act, which was designed to curb “abusive consumer bankruptcy filings”. Despite what many people say you definitely will need to have an attorney to file for bankruptcy in ...
Bankruptcy proceedings have become everyday occurrences as a result of economic downturns and folks living in South Carolina are particularly vulnerable due to massive numbers of foreclosures throughout the state. If — after considering all options available to you — you come to the conclusion that bankruptcy is your only solution, your best course of ...
The decision to file for bankruptcy is never an easy one. It is most often the last resort for someone having extreme financial difficulties such as a loss of income, divorce, or the onset of medical bills. If you are a homeowner one of the toughest question to answer is whether or not you want ...
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