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Tag: "Bankruptcy"

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Bankruptcy Attorney Suggests Solution To Mortgage Crisis

BANKRUPTCY ATTORNEY SUGGESTS SOLUTION TO MORTGAGE CRISIS For people with two mortgages – such as a mortgage and a home equity loan — Greiner suggests people knock off the second mortgage in Bankruptcy For Immediate Release – Wednesday, November 10, 2010 Contact:  Mike Greiner – 586-693-2000 * mike@financiallawgroup.com Warren, MI – A prominent Detroit-area Bankruptcy [...]

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Bankruptcy Attorney Warns Homeowners About Mortgage Scams

MYEASY7.COM INC. BANKRUPTCY ATTORNEY WARNS HOMEOWNERS ABOUT MORTGAGE SCAMS Mortgage modification programs can get homeowners into deeper trouble, Greiner warns For Immediate Release – Tuesday, November 9, 2010 Contact:  Mike Greiner – 586-693-2000 * mike@financiallawgroup.com Warren, MI – A prominent Detroit-area Bankruptcy attorney is warning homeowners not to fall into some mortgage modification traps that [...]

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Know the New Bankruptcy Laws

Know the New Bankruptcy Laws So, what have you finally planned to do with the rising amount of debts? Perhaps you are burying your head in sand with the hope that everything would be fine someday. Think once, just sitting and doing nothing won’t help you and if you are one amongst the million Americans [...]

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Attorney Jeremy Eveland explains Chapter 13 Bankruptcy

This video outlines what is a Chapter 13 Bankruptcy. Utah Bankruptcy Attorney Jeremy Eveland explains.

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Chapter 7 Bankruptcy Overview and Characteristics

Chapter 7 Bankruptcy Overview and Characteristics A successfully filed Chapter 7 Bankruptcy completely discharges, or wipes out, most unsecured debts, including but not limited to credit cards, medical bills, utility bills, payday loans, and any other debts that do not have collateral or a hard asset attached to them.   Chapter 7 bankruptcies are the most [...]

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Types of Bankruptcy

Types of Bankruptcy Chapter 7 bankruptcy: Also known as liquidation (converting assets into money) or a straight bankruptcy. This is one of the faster ways of starting afresh and more so if there are no objections from any of the parties involved. Ordinarily, most (if not all) debts would be discharged within months of the [...]

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The Difference Between Chapter 7 and Chapter 13 of the Bankruptcy Code

The Difference Between Chapter 7 and Chapter 13 of the Bankruptcy Code Individuals who have amassed large debts have many options. However, if an individual finds that non-bankruptcy alternatives are not feasible, a decision then must be then made between filing a Chapter 7 liquidation proceeding or a debt adjustment proceeding under Chapter 13. A [...]

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Understanding Chapter 13 And Chapter 7 Bankruptcy

Understanding Chapter 13 And Chapter 7 Bankruptcy Chapter 13 of the bankruptcy code gives debtors the opportunity to repay some or all of the debts that are in their name, in better terms, lower or no interest. Debtors have the ability to use income they have in the future to pay off creditors. How Chapter [...]

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Declaring Bankruptcy- Is Chapter 13 The Answer To Your Problems?

Declaring Bankruptcy- Is Chapter 13 The Answer To Your Problems? Chapter 13 is the chapter under the bankruptcy code which allows a person to repay all or a portion of his or her debt under the protection of the bankruptcy court. Chapter 13 is designed for individuals with regular income who desire to pay their [...]

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Types of Bankruptcy

Types of Bankruptcy Chapter 7 bankruptcy: Also known as liquidation (converting assets into money) or a straight bankruptcy. This is one of the faster ways of starting afresh and more so if there are no objections from any of the parties involved. Ordinarily, most (if not all) debts would be discharged within months of the [...]