There are many issues to consider when thinking about bankruptcy.  The most important could be your choice of attorney.  Although you can file bankruptcy without an attorney, this is probably not the best course of action.  Additionally, the yellow pages may leave you confused because the Florida Bar places many restrictions on attorney advertising.  All the ads in [...]

The secret to settling debt with your creditors is assure finality. You want to make sure that the debt never comes back. (Read: Zombie Debt Haunts the Discharged and Zombie Debt.) Can debt be settled? Absolutely. However when you negotiate to settle your debt you must make sure that the [...]

In America, “Thou shalt protect your credit rating” is the Eleventh Commandment. Some folks track their credit score the way cardiologiststrack blood pressure and cholesterol.
It’s true: Your Fico score is important. What you pay for credit will start - and sometimes end - with that one number, generated by the secretive math wizards [...]

Are you in a state where an attorney normally does the real estate closing? Have you heard those radio or TV ads that promise no application costs, no points, no appraisal fees, and no closing costs including no attorney? Sure, you have. More importantly, have you taken one of those loans and [...]

It is no secret that lenders have been doing some pretty crazy things over the last few years to feed the real estate frenzy that took place nationwide from about 2000 until 2006.  It is also no secret that the housing market bubble has burst, and home values have been steadily declining over the past [...]

In Part Two we discussed how the Servicemembers Civil Relief Act (SCRA) can stay court and administrative proceedings brought by creditors.
In this part, we will discuss how the SCRA can help you by lowering interest rates.
If you liked that post, then try these…Three Basic Rules for Credit Cards by Pamela Stewart, Attorney at LawYes, You [...]

Bankruptcy law is a very specialized area of the law.  Like the practice of medicine, the practice of law has become increasingly specialized, and bankruptcy is one of the areas of the law that demands specialization.  It is difficult, if not impossible, to maintain an acceptable level of competence without specialization.  When a professional specializes, [...]

Once your bankruptcy has been filed most companies will no longer send you invoices or statements; you will be responsible for making your monthly payment on time, to the address you have always sent payments to, even though you will no longer receive correspondence requesting payment from the lender. Most lenders will send a receipt [...]

Bankruptcy exemptions under the law are a complicated subject. Under the changes to the Bankruptcy Code in 2005, this subject has gotten even more complex. The first question to be answered is: Which law applies? There are so many choices: federal bankruptcy law vs. state law, state law vs. [...]

While many married couples file bankruptcy jointly, there is no requirement that they do so.   You are entitled to file your own, separate, bankruptcy, just as you are entitled to your own credit rating.
A joint filing is advisable when both parties are responsible for a significant amount of debt, whether or not the debt is [...]