Thursday, April 1, 2021

Breaking News! Midland Funding Sued by Consumer Financial Protection Bureau

https://www.youtube.com/watch?v=ccSm6nsobTE




Is There Life After Bankruptcy? Find Out How To Deal With Life After Filing For Bankruptcy

Once you are stuck in the quicksand of debt, life can seem pretty unbearable - the constant calls and letters from your creditors, the threat of having your utilities disconnected, looming foreclosure on your home or repossession of your car, the stresses associated with a difficult financial situation are very strong, and your greatest desire may be freedom from debt, at any cost - even if you have to file for bankruptcy. However, you may also be aware of the sea change that bankruptcy can bring to your life and your credit score, so you may need...

Bankruptcy Alternatives - Are There Other Options For You Besides Filing For Bankruptcy?

Are you caught in a debt trap? If you have more debts than you can possibly manage on your income, if you are afraid to answer the phone because your creditors keep calling and you are hesitant to open your mail because letters from creditors and bills and overdue notices are all you find, you know that you are well and truly caught. In an economy that made taking loans easier, it was easy for debts to accumulate, and when the time comes to repay, most people find the going very tough.

New Bankruptcy Law - Is It Really Not Possible To Stop Foreclosure With The New Rulings?

People who have no recourse but to file bankruptcy to avoid foreclosure of their homes are complaining about the new Bankruptcy Law which they say makes it more difficult to do so. Passed by Congress and signed by President Bush in 2005, this new law requires consumers to fulfill several requirements before they can file for bankruptcy. Even lawyers are charging higher attorney's fees because the filing process has become more time consuming than before.

Chapter 13 Bankruptcy Information - The 2-Fold Benefits You Get If You Opt For Chapter 13 Bankruptcy

Filing for bankruptcy can be a difficult decision to make and can add stress to your already stressful and debt-ridden life. When you are taking calls from your creditors and facing foreclosure on your mortgage because you are behind on the payments or repossession of your car or are bombarded with past due bills in your mailbox, bankruptcy may be the only option available to you.

Speaking to a Bankruptcy Attorney Can Help You Learn All Your Options Before Deciding Anything

In today's spiraling economy a bankruptcy attorney will typically be sought by homeowners wanting to learn their options. The Attorney will act on the client's behalf and negotiate with lenders with the aim to adjust their mortgage terms to a level that the homeowners can afford. There are several factors for which an individual may well seek to hire the services of a bankruptcy attorney, and even though you'll find several different opinions among attorneys, the majority of them will have a deep understanding of most foreclosure and bankruptcy and how they relate to each other.

How to Know If Filing for Bankruptcy Is the Right Choice?

It is all too common for individuals and families to discover that their income no longer affords them the ability to pay all of their bills. Whether due to a job layoff, divorce, illness or other unfortunate circumstance, or just because expenses are rising faster than the income, there is insufficient money to pay the monthly expenses. This situation is only made worse when having to make payments on high credit cards balances.

Can A Married Person File Bankruptcy Individually?

Can a married person file individually? If so, what is the negative effect on the spouse? What if they're both on the debt? What if they're both on the title to a house and on the mortgage?

Declaring Bankruptcy - Chapter 7 Pros and Cons

Bankruptcy in accordance with Chapter 13 of the United States Bankruptcy Code applies to a debtor who uses the bankruptcy process to settle their debts in full or a portion of these. Usually, the debtor would seek to pay their obligations with their creditors using their future income. This type of bankruptcy proceeding will only apply to someone with a monthly income that allows them to leverage this income with reduced payments of their debts.

Bankruptcy Rule Changes Making It More Difficult To File May Be Backfiring

Prior to the 2005 changes to the bankruptcy code, millions of Americans over the decades have chosen to file for Chapter 7 bankruptcy in order to free themselves from financial debt. Since the new law went into effect, however, individuals have found it more difficult to file for bankruptcy. But, that may be changing.

The Truth About Bankruptcy and Some Realities That Might Make You Think Differently

This is the truth about bankruptcy and the facts that will help you make an informed decision. This article gives you a clear picture of what bankruptcy is and what it isn't with some very surprising realities.

The Entitlement Generation Helps Boost Those Filing Bankruptcy

After the federal government recently reported that the number of those filing bankruptcy increased to over 1.6 million, many people are looking for the reasons why. When you speak with a bankruptcy attorney they will tell you that they have heard every excuse in the book of why a person needs to file for bankruptcy.

Chapter 11 Versus Chapter 13 Bankruptcy

You do need to know that there are different types of bankruptcy that will apply to specific situations and people. It is important for you to do some research and find out the differences between chapter 11 versus chapter 13 bankruptcy so that the process is smooth for you.

The Dangers of Bankruptcy Fraud

Millions of people file for bankruptcy each year. A great percentage of those filing for bankruptcy are either intentionally or unintentionally committing bankruptcy fraud.

Chapter 13: A Life Raft In a Sea of Debt

A sad fact of today is that more and more households are experiencing financial troubles. Most of us either personally know someone or have ourselves been affected by the recent economic downturn. With state governments running deeply in the red, resulting in further layoffs, furloughs and potential cuts in assistance, these troubles are likely to continue.

Basics of Personal Bankruptcy

With more and more people feeling the weight of debt, many are asking if bankruptcy is an option for them. As personal bankruptcy can be a complicated issue, it helps to understand a few basics.

https://bklaw.attorney/breaking-news-midland-funding-sued-by-consumer-financial-protection-bureau/

No comments:

Post a Comment