"Never Pay Collections or Charge Offs" is HORRIBLE Advice (2021)

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Before and After Bankruptcy

The bankruptcy process can be tedious and often requires active participation from the filer. While it isn't difficult to obtain a debt discharge, there are still some aspects to filing bankruptcy that should be considered beforehand. More specifically, making sure you are aware of what is required both before and after a bankruptcy can ensure the best outcome possible.

Questions To Ask Your Bankruptcy Lawyer

Filing for bankruptcy can be an overwhelming process for some people. While it isn't intended to be difficult, the stress of dealing with creditors and debt collections can send anyone over the edge. Although some people are successful in navigating the process alone, hiring a bankruptcy lawyer is strongly recommended.

Bankruptcy - What Is Bankruptcy?

Bankruptcy is a federal debt relief process that allows individuals, businesses, or farmers to obtain federal protection for elimination or reduction of their debts. (A debtor may also repay all of their debts under revised repayment terms as well.) There are two main types of bankruptcy - re-organization and liquidation bankruptcies.

Debt Relief And Bankruptcy

There is much debate among professionals as to which debt relief solution is best. The real answer depends on the person's financial situation.

Bankruptcy Attorney Advice

In the current economic climate it is easy to lose sight of your finances and end up in a situation beyond your control. Fortunately there are resources and help to make sure that this minor stumbling block does not become a situation that takes control of your life and ruins your future. Getting your life back on track is not necessarily a simple matter but it is certainly within reason to think that you will be able to remedy your negative debtor history.

Credit Myths That Can Cost You

Your credit score is extremely important to your financial life. As the main determining factor in obtaining loans and representing you as a borrower, a credit score must be well cared for. However, many people often suffer at the hands of several credit myths, which could be damaging to their financial future.

Considerations When Filing Bankruptcy

Debt is an overwhelming and stressful experience, one that is dreaded by anyone on the edge of financial hardship. When debts pile up and collection calls begin, it can feel as if your options are running out. While filing for bankruptcy can be a good way to resolve your debts and get back on track, there are some things to consider before finalizing the paperwork.

The Basics Of Debt Collection

With so many people deeper into debt than ever before, the debt collection business is booming. Unfortunately, too many of us know what it is like to deal with debt collectors. Although they do have the right to make collection attempts, you might be surprised to learn that they are bound by some very specific rules and guidelines.

Getting Your Life Back After Bankruptcy

So you've filed for bankruptcy but now what? You've gotten a fresh start from bankruptcy and this time you want to make sure your financial future is secure so this doesn't ever happen again. But how and where do you start? This article will discuss the steps you can take to build back your credit so that you can finally get your financial life back on track.

How to Avoid Foreclosure And Keep Your Home

The primary method of foreclosure in Texas involves what is known as non-judicial foreclosure. This type of foreclosure does not involve court action. When the deed of trust is initially signed it will usually contain a provision called a power of sale clause which upon default allows a trustee to sell the property in order to satisfy the underlying defaulted loan. The trustee acts as a representative of the lender to conduct the sale which typically occurs in the form of an auction. This sale is halted by the filing of a bankruptcy petition by a debtor on the mortgage...

What a Bankruptcy Lawyer Can Do for You

Bankruptcy occurs when an individual has no other options to get out of debt. It is the process that allows people to pay back or at least reduce their debt to credit card companies and banks. The two types of consumer bankruptcy are Chapter 7 and Chapter 13.

Chapter 7 Bankruptcy: Can You File?

Before you plan to file for Chapter 7 bankruptcy, make sure you are eligible. Then make sure it the best move for your situation.

Debt Discharge In Bankruptcy

While many people understand the basic idea behind filing for bankruptcy, few people actually understand some of the key concepts. As people pursue bankruptcy there is still much to learn about how a discharge works.

Choices In Debt Relief

Finding relief from a large debt load can be a tedious job. There are several options available to help resolve debts and bring financial stability, but knowing which is right isn't always easy. Anyone looking for help should start at the basics, reviewing the options and the different benefits and risks associated with each.

Six Ways NOT to Pay Down Debt

When it comes to debt-relief in Canada, many of us DIY'ers are looking for ways to pay down our debts. Well, there are right ways of doing things, and no-so-right ways. Here's what not to do.

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