By Wendell Sherk, Missouri Attorney on Nov 7, 2007 in Benefits of Bankruptcy, Consumer Protection, Foreclosure Issues, Missouri, Predatory Lending, Protecting Assets In Bankruptcy | 2 Comments
A bankruptcy court can change the repayment schedule and amount for business property, apartment complexes, vacation homes, cars and boats in Chapter 13. The one thing it can’t change is the thing you need most: Your home mortgage. For the good of borrowers, taxpayers and even mortgage lenders, that should change - now. If you [...]
Popularity: 28% [?]
By Kent Anderson, Oregon Bankruptcy Attorney on Nov 7, 2007 in Collection Issues, Consumer Protection, Credit Reports, Debt Collector Abuses, Discharge Violations, General Bankruptcy Information, Life After Bankruptcy | 0 Comments
In a recent BusinessWeek article entitled “Prisoners of Debt”, the author discussed companies buying and selling debt that has already been discharged in bankruptcy. When the debt is revived by unlawful credit reporting or collection action it is often referred to as zombie debt. It seems that such debt can be purchased inexpensively [...]
Popularity: 57% [?]
By Jonathan Ginsberg, Atlanta Bankruptcy Attorney on Nov 7, 2007 in Mortgages, Surrendering Property | 0 Comments
My colleague, Georgia bankruptcy attorney Scott Riddle recently blogged about an interesting relationship between the BAPCPA laws and the recent problems in the mortgage industry. Under prior law, Chapter 7 was much more widely available to homeowning families in financial distress. A Chapter 7 filing would allow such families to get rid of credit card [...]
Popularity: 14% [?]
By Stephen Otto, Pennsylvania Bankruptcy Attorney on Nov 7, 2007 in Bankruptcy Practice and Procedure, General Bankruptcy Information | 0 Comments
If you are a consumer who is owed money by a bankrupt company, you may receive a Proof of Claim form from the bankruptcy court where the company filed for bankruptcy. You should contact an experienced bankruptcy attorney for assistance in completing and filing the form. The attorney should be able to advise you of [...]
Popularity: 7% [?]
By Carmen Dellutri, Attorney at Law on Nov 7, 2007 in Bankruptcy Practice and Procedure, Benefits of Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Collection Issues, Consumer Protection, Debt Collector Abuses, Florida | 2 Comments
Consumer Bankrutpcy Attorneys and Consumer Advocates around the United States are rejoicing today as one of the debt collectors gets what they deserve. The Federal Trade Commission settled a debt collector harassment charge against LTD Financial Services for $1,300,000.00. The interesting thing about this case is that the charges were brought against the company and [...]
Popularity: 41% [?]
By Peter Orville, Attorney at Law on Nov 7, 2007 in Bankruptcy Practice and Procedure, Chapter 13 Bankruptcy, General Bankruptcy Information, Role Of The Lawyer, Vehicles | 0 Comments
A Chapter 13 can last three to five years. During that time things happen. Sometimes your car gets into an accident and sustains serious damage. If you owe money on the car, and your confirmed Chapter 13 plan “crams down” the car loan to pay only the value of the car, what [...]
Popularity: 20% [?]
