Bankruptcy Advice at the Right Time If medical bills are piling up or you have gotten in over your head with credit card debt, you may find it impossible to pay your bills. You might be wondering if bankruptcy can help you find relief from crushing debt. For many people, bankruptcy is the best option and can provide a fresh start to a better financial future. However, bankruptcy is a big decision. There are many things to consider in order to determine whether or not it is in your best … [Read more...] about Bankruptcy Advice at the Right Time
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Lien stripping simply refers to a process within a Chapter 13 bankruptcy that allows individuals who are upside down on their loans to get rid of any junior liens, such as second or third mortgages. "Upside down" means that the value of the home has dropped below the amount of the owed for the first loan balance. That results in the junior liens becoming unsecured, which essentially means that there is no collateral to secure the loan. Within the context of a bankruptcy, a stripped lien is … [Read more...] about Second Mortgage Lien Stripping With Chapter 13 Bankruptcy
The moment a Chapter 13 bankruptcy is filed, a foreclosure sale is stopped immediately! November 23, 2015. Los Angeles, CA. -- Many homeowners in California are facing foreclosure, in spite of an improving economy. Filing bankruptcy can be the best option to avoid bank foreclosure. Hiring an experienced foreclosure attorney is usually the best way to save a home and improve financial distress. A skilled foreclosure lawyer, one who is dedicated to stopping foreclosure, will look at the big … [Read more...] about Bankruptcy Can Stop Foreclosure Immediately
When receiving a notice of default or notice of trustee sale, it is critical to take legal action immediately to stop the sale. You can call and speak with our attorneys for a free case evaluation. On the first call, our foreclosure attorney will let you know how to stop a foreclosure and what is the best legal option for you. From legal stand point, there are 2 legal ways to stop a foreclosure quickly: filing bankruptcy and filing a lawsuit to fight illegal foreclosure. How to Stop Foreclosure … [Read more...] about How to Stop a Foreclosure
Bankruptcy is a legal process through which a homeowner (or any other borrower) can eliminate or repay all or part of their debt under the protection of a bankruptcy court. If you're debating to file bankruptcy Chapter 7 or Chapter 13, it is always best to call and get free legal advice from our experienced bankruptcy lawyer. Advantages of Filing Bankruptcy Chapter 7 Filing for bankruptcy can delay foreclosure and stop a sale immediately and ease your debt burden. You will get a … [Read more...] about Should I File Bankruptcy Chapter 7?
Filing bankruptcy in California will stop foreclosure, get rid of annoying collection calls, and give you a fresh start with a debt-free life. There are specific rules on filing bankruptcy in California, which means you need to locate a bankruptcy attorney who knows the rules very well and can resolve your issues. There are two types of bankruptcies most people file. Chapter 7 eliminates unsecured debts and Chapter 13 reorganizes debts. No matter what Chapter you file, you are required to … [Read more...] about Filing Bankruptcy in California