One of the first things you learn in law school is: “only a fool has himself for a client”. It truly is hard to imagine a situation that this truism applies more to than filing bankruptcy. Even though individuals might represent themselves in bankruptcy court... 

When you miss a payment you will most likely receive a letter from your bank or lender informing you that you are delinquent (behind in house payments) 30 days, 60 days, 90 days, etc. These letters will only last so long, before the “clock” starts ticking. When... 

“I’m behind in house payments. How do I stop foreclosure? Help me sell my home fast before I lose it to the bank!” I faced foreclosure and won! You can too. Additionally you may be asking yourself when you’re staring down the barrel of your lender’s imaginary gun. What is... 

If you do not understand how to go about it, debt settlement could be something that brings you sleepless nights. This is more so if you are the type that got into borrowing without planning properly for it and now you do not understand what to do so you may repay it. Being in such a situation is not... 

Filing for bankruptcy is not an easy process, but the process can run quite a bit smoother if you hire an experienced bankruptcy attorney and also get prepared prior to filing and track down all of the necessary documents. Here are examples of some of the documents you will need. Proof of Income: You... 

If you do not understand the things you need to do during debt settlement, chances are you will find it very difficult to handle the whole process. There are people who have had problems with repaying what they owe to others just because they have no idea what is needed. It is regrettable how many people... 

For many people bankruptcy can be a word that they do not want to contemplate as an alternative for them. Nevertheless, with the way the economy has been adjusting it is being a viable option for individuals which need to look past the negative connotation from the word. One way to learn more is simply... 

Chapter 13 is designed to give you the opportunity to repair your financial affairs without having to sell any non-exempt assets. Chapter 13 can also help you keep your home or car if you are behind on your payments. Most, but not all, people are eligible to file in Chapter 13. Only individual people... 

The Preferential Payment Rule, also known as the 90-Day Rule, is an important part of the bankruptcy code. It is important to understand how this rule will affect those who file for bankruptcy. Within the 90-Day Rule, the bankruptcy trustee who administers your case can try to avoid or undo a payment... 

Many British people now find themselves in severe financial difficulty through no fault of their own. Those who need help may find that the best approach is to formally review their finances, and to access one of the structured solutions to personal indebtedness, such as Debt Management Plans (DMPs)...