Blog Posts in June, 2014

  • HOW BANKRUPTCY CAN HELP YOU KEEP YOUR CAR

    || 18-Jun-2014

    Most of the time, people think about bankruptcy as a way to help them eliminate their debts and start fresh. But, did you know that bankruptcy can also help you keep your car or even lower the overall amount of money you have to pay for your car? In Chapter 7 bankruptcy, if your car is less worth than what owe on it, you have the option to redeem your car for its actual value. What does this mean? ...
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  • SETTLING DEBTS VS. FILING BANKRUPTCY What Option is Best for You?

    || 18-Jun-2014

    A lot of clients come into my office and ask about whether debt settlement or bankruptcy are best for them. In my opinion, if you are eligible for bankruptcy, bankruptcy is a much better option most of the time. Let me explain why. If you qualify for Chapter 7 bankruptcy and your assets can be protected, you generally do not have to pay back any of your debt. There are exceptions for tax debts ...
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  • SO YOUR BANK WON'T GIVE YOU A MODIFICATION?

    || 7-Jun-2014

    Sadly, too many homeowners come into my office after numerous failed attempts to work with their bank to modify their mortgage. There can be many different reasons why your bank wouldn't modify your mortgage. Modifications are complicated. Now, new rules require your servicer to explain why you may not have qualified for a modification but perhaps you didn't have the benefit of these ...
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