Most Americans live paycheck to paycheck. It is not uncommon for people to find themselves with too much month left for the money they have. So how do you pay your bills with no money? Obviously, you don’t, but there … Continue reading →
There is nothing in the bankruptcy laws that restricts how often you can file for bankruptcy. But, if you receive a discharge in a bankruptcy case, there are timing requirements if you want to get a discharge in a later … Continue reading →
A mortgage is agreement between a property owner and a mortgage company giving the mortgage company an interest (a lien) in property as security for money lent by the mortgage company. Generally, only the lender (the mortgage company) can modify … Continue reading →
In some cases, yes, a Chapter 7 bankruptcy can give you a temporary reprieve from an eviction action, but it’s rarely a permanent solution. If you’re falling behind on your rent, it might be best to contact your landlord and … Continue reading →
A Chapter 13 bankruptcy filing will stop an eviction before the landlord receives an eviction judgment—and even afterward in a few states. If you want to stay in the property, you’ll need to pay your monthly rent and enter into … Continue reading →
People usually file for bankruptcy hoping that the court will wipe out (discharge) their debt so that they can get a fresh financial start. For bills like personal loans, medical bills, and credit card accounts, that’s precisely what happens. By … Continue reading →
Bankruptcy stops collection activity, including foreclosure, but whether it will permanently stop it will depend on the type of bankruptcy you file and your ability to catch up on arrearages and make ongoing mortgage payments. If you’re facing foreclosure, it’s … Continue reading →
Bankruptcy will get rid of many types of debt, but not necessarily all debt. Whether it will effectively wipe out your bills will depend on the kind of debt that you have and whether you file a Chapter 7 bankruptcy … Continue reading →
Filing for bankruptcy doesn’t mean that you can’t rent an apartment. But, it might be harder to get favorable lease terms in the area you want without a cosigner. Landlords look at several factors when deciding whether to rent a … Continue reading →
Not only can you stop a foreclosure sale by filing a Chapter 13 bankruptcy, but the filing will give you time to catch up on your mortgage payments, too. However, if you’re in this situation, you’ll need to move fast. … Continue reading →
