Archive for Bankruptcy and Foreclosure

  • Questioning Your Emotions During Foreclosure Questioning Your Emotions During Foreclosure

    Foreclosure isn't just about the technical details of missed payments, default notices, attempted loan modifications, trustee sales, and the overall financial impact on an individual. Being forced into a position where losing your home one way or another is inevitable also has a deep, distinctly...

  • Four Ways to Get Out of Chapter 13 Bankruptcy Plans Four Ways to Get Out of Chapter 13 Bankruptcy Plans

    When people file for Chapter 7 bankruptcy, there are usually on a few of ways to get out of it. Discharge, conversion to a Chapter 13, or dismissal are typically the only few options available, and some of them are not really ways to get out of the process at all anyway. Contrast this with filin...

  • Simple Tips for Filing a Quick Bankruptcy Petition Simple Tips for Filing a Quick Bankruptcy Petition

    When people think about filing for bankruptcy, one of the most intimidating aspects is all the paperwork involved in the process. With the passage of the 2005 amendments to the federal bankruptcy laws, a whole stack of documents must be filled out and submitted to the courts in order for the cas...

  • History of Bankruptcy Acts Passed in the United States, 1978-2005 History of Bankruptcy Acts Passed in the United States, 1978-2005

    With the passage of the 2005 Bankruptcy Act, it became more difficult for many people to file bankruptcy and receive relief from their creditors. It also became more expensive for almost everyone to seek this legal remedy, due to the numerous new burdens placed on attorneys and filers in prepari...