Loan Modification Tips
One way to prevent foreclosure is to obtain a loan modification from your lender. Be ready for challenge. Lenders are horrible at processing modifications and they do not really care about their customers. If they did, modifications would be a top priority. However, lenders generally consider loan modifications a bother unworthy of their [...]
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Archive for 2011
Loan Modification Tips
Monday, April 25th, 2011Douglas County Ranks 4th Nationwide in Personal Bankruptcies
Monday, February 21st, 2011Douglas County Ranks 4th Nationwide in Personal Bankruptcies
The following article first appeared on times-georgian.com, and it’s extremely relevant to all of you Douglas County residents. The articles states that 3,359 residents filed for bankruptcy in a single month. If you’ve been dealing with financial hardship yourself, apparently you’re in similar company, but you certainly don’t [...]
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6 Mistakes To Avoid Before and During Bankruptcy
Saturday, February 12th, 20116 Mistakes To Avoid Before and During Bankruptcy
Dealing with serious, on-going financial trouble is one of the most stressful things anyone must endure. The prospect of filing for bankruptcy is so daunting that many people try to find ways out of it, only to end up making the same irresponsible financial decisions that initially brought [...]
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Getting Rid of Student Loan Debt in Bankruptcy
Friday, February 4th, 2011Student loans can be a very difficult debt to discharge when filing for bankruptcy. To do away with this type of debt, you must show that continuing to pay it will not allow you to have even a minimal standard of living. In law speak: “imposing an undue hardship on you.”
The Brunner Test
There are different [...]
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What is an Adversary Proceeding, Anyway?
Friday, February 4th, 2011In order to force a hearing in front of a judge in a bankruptcy case, either the creditor, debtor, or bankruptcy attorney must file what is called an adversary proceeding.
Anatomy of an Adversary Proceeding
An adversary proceeding is a written document that must consist of a these various parts:
Basic facts of the case: The parties involved, [...]
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7 Ways to Improve Your Credit Score After Bankruptcy
Thursday, January 13th, 20117 Ways to Improve Your Credit Score After Bankruptcy
Filing for bankruptcy is often a bittersweet experience. On the one hand, your debts are eliminated. You’re given a second chance to achieve financial stability and even success, but on the other hand, it’s usually a long, hard road to getting there. Reading this article is as [...]
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3 Commonly Believed Myths About Filing For Bankruptcy
Saturday, January 8th, 20113 Commonly Believed Myths About Filing For Bankruptcy
Many people have this skewed image in their minds about what it would be like if they ever filed for bankruptcy: they would have to be absolutely penniless in the first place, they would no longer own any of their valuable possessions, they wouldn’t be able to take [...]
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250 Foreclosed Atlanta Homes Go to Auction
Sunday, January 2nd, 2011The following article was taken from prnewswire.com, and it’s another reminder of how the foreclosure of your home can negatively effect the lives of you and your family. It’s difficult to imagine someone purchasing your home, that you didn’t willing leave, isn’t it?
Over 250 Foreclosed Atlanta Homes Head to the Auction Block, Tempting Buyers With [...]
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