Here is a list of more supporters of the concept for changing the existing law to remove the ban on judicial modification of primary home mortgages in chapter 13 bankruptcy to stem the tide of mortgage foreclosures: AARP American-Arab Anti-Discrimination Committee American Association of People with Disabilities American Association of University Women American Federation of [...]
January 2009
Here is a list of some supporters of the concept for changing the existing law to remove the ban on judicial modification of primary home mortgages in chapter 13 bankruptcy to stem the tide of mortgage foreclosures: Senator Dick Durbin, D-IL, who introduced S.61 Helping Families Save Their Homes in Bankruptcy Act of 2009, and [...]
image credit: dreamstime Chapter 11 bankruptcy (link to information on website of Detroit Michigan bankruptcy attorney Kurt OKeefe) is not just for individuals and for profit corporations. As with Chapter 7 and Chapter 13 bankrupty cases, filing Chapter 11 stops foreclosure, garnishment (explained by southern Oregon bankruptcy attorney Karen Oakes) and any other collection activity [...]
Call your customer service representative and ask for a due date that coincides with your pay schedule. If your current due date is pushed back, you will have to pay finance charges on the unpaid balance until your next payment arrives. If you are having trouble paying multiple bills at the beginning of the month [...]
Your individual bankruptcy can discharge your personal debts. Debts that you guaranteed for a corporation can be discharged as to you, but the corporation will still owe those debts. Most small corporations cannot obtain credit without a major shareholder/owner signing the loan application as a personal guarantee. Often new or small corporations have few assets [...]
Debtors frequently receive a discharge in Bankruptcy, only to find that they still can not open a bank account due to check reporting companies such as Chex Systems, Telecheck, and SCAN. All these companies are considered consumer-reporting agencies, and similar to Equifax, Experian, and TransUnion. Nevertheless, they only provide deposit account verification services such as the [...]
