When Does It Make Sense to Let the House Go When Filing Bankruptcy ?
A home can be surrendered to the bank or mortgage holder in Chapter 7 Bankruptcy and the debt owing on the home is then discharged, or eliminated.
What if I file Chapter 13 Bankruptcy and my income drops ?
What if I file Chapter 13 Bankruptcy and my income drops ?
Kentucky Bankruptcy Attorney John Rogers
We are a consumer bankruptcy law firm helping persons and businesses with their financial situation.
Consumer Watchdog Agency: "Dealing With Debt Settlement Companies Can Be Risky"
The Consumer Financial Protection Bureau, the only federal agency devoted solely to watching out for and protecting the financial consumer, has serious concerns about consumers using online debt settlement companies: “Warning: Dealing with debt settlement...Bankruptcy Helped Save General Motors, Can It Help You Too ?
Why is bankruptcy an acceptable, legitimate means to try to save your home and deal with other debt ? William D. Cohan, writing in the New York Times, gives us the answer: “Indeed, for corporations across the country, both big and small, using the bankruptcy process...Can filing bankruptcy improve your credit score ?
For the first few months, most clients see no change in their credit score. After about the first year or so, folks will generally see their credit score improve and continue to improve year after year as long as they establish good financial practices and goals.