Archive for March 2nd, 2008

Is Walking Away From Your House An Alternative To Bankruptcy? »

There have been alot of reports for the last few weeks on a new company, “You Walk Away”. The company says that, with their help, distressed homeowners can “walk away” from their mortgages, homes, and suffer no consequences. Can this be true? The NewYork Times article by John [...]

Popularity: 30% [?]

When Do I Know Its Right To File For Bankruptcy? 5 Top Reasons. Part II of II. »

In my first article, I talked about the struggle that takes place when deciding to file for Bankruptcy Protection. In this part II of that article, I explain my Top 5 Reasons to File for Bankruptcy Protection.
If you liked that post, then try these…Who is this Unknown Collector that Filed a Proof of Claim in [...]

Popularity: 39% [?]

When Do I Know Its Right To File For Bankruptcy? 5 Top Reasons. Part I of II. »

While the answer to this question is many times easier than one would expect, the acceptance of the answer is usually the most difficult part. This is because of the misconstrued social stigma associated with bankruptcy.
If you liked that post, then try these…The 2005 Bankruptcy Act: Bankruptcy Filings Are Increasing by Karen Oakes, [...]

Popularity: 36% [?]

Who Are The Trustees In Your Neighborhood? Part V »

If you are in the Western District of Missouri, Kansas City Division, there are 10 Chapter 7 Trustees. You can never choose the trustee for your case, they are assigned by the Court at the time of filing. So far we have introduced you to Mr. David Stover, Ms. Erlene Krigel and Ms. Janice Stanton. [...]

Popularity: 6% [?]

Protected Massachusetts Home Sold After Bankruptcy: Money Also Protected »

An asset protected in bankruptcy is also protected from debts which are not discharged in bankruptcy.  This protection continues after the case closes.  Can a non-discharged creditor get at the money if you sell the asset later?  The First Circuit Court of Appeals says no.  Pasquina v. Cunningham (In re Cunningham), 2008 U.S. App. LEXIS [...]

Popularity: 24% [?]