Currently Browsing:Chapter 13 Bankruptcy

  Bankruptcy,  Right Choice?  The decision to file for bankruptcy should never be taken lightly. You will be committing to a complicated process that will negatively affect your credit for years. However, for some consumers, bankruptcy is a necessary and even beneficial ordeal.   So, is a bankruptcy filing necessary for your situation? And which

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Forensic loan audits no help in foreclosure Posted on 30, Nov -0001 At 12:00 AM  Forensic loan audits no help in foreclosure Forensic loan audits no help in foreclosure Your home is facing foreclosure. You receive a “forensic loan audit” solicitation. The company asks you for upfront fees to conduct a forensic review of your

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Tips for getting a mortgage loan modification Getting a mortgage loan modification might seem like a quest only a mythic hero could achieve. After all, the ranks of those who’ve lost homes in foreclosure dwarf the number of homeowners who’ve received mortgage help. Meet Lisa Langlois, mythic hero. Langlois, a single mom, actress and homeowner

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Loan Modification Frequently Asked Questions A Loan Modification is a permanent change in one or more of the terms of a Borrower’s loan, allows the loan to be reinstated, and results in a payment the Borrower can afford. Question 1: How many Loan Modifications may a Borrower receive? Answer:  Borrowers are permitted to receive a Loan

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What is bankruptcy? Bankruptcy is a set of federal laws and rules that can help individuals and businesses who owe more debt than they can pay. Federal courts have exclusive jurisdiction over bankruptcy cases. This means that a bankruptcy case cannot be filed in a state court. Bankruptcy laws help people who can no longer

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This chapter of the Bankruptcy Code provides for adjustment of debts of an individual with regular income. Chapter 13 allows a debtor to keep property and pay debts over time, usually three to five years. Background A chapter 13 bankruptcy is also called a wage earner’s plan. It enables individuals with regular income to develop a plan

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Attorney David Galler Predicts a Volatile End of the Year for Consumer Bankruptcy Atlanta, GA (September 2015) – David Galler, of Galler Law, LLC, discusses a significant overhaul in bankruptcy forms, claiming it will cause inevitable confusion for attorneys, creditors, judges and even the court itself. “Effective December 1, 2015, most official bankruptcy forms are

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