Category Archives: Bankruptcy

What To Do About Debt Problems

Having debt is as American as apple pie, but too much debt can create stress, and lead to many problems: Collection Calls, Lawsuits, etc. If you need help with debt problems, the best advice is to sit down with an experienced attorney to review your options. Its Only Money This may seem obvious, but understand […]

What To Do If You Are Faced With a Sheriff’s Sale

Being faced with a Sheriff’s Sale can be a frightening experience. The Sheriff, or a constable, has just stopped by, inventoried everything you own, and given you a notice that things are being sold. Even worse, you may receive a Notice that your Home is being sold at a Foreclosure Sale. What can you Do? […]

Chapter 7 Bankruptcy

Chapter 7 is the most common type of bankruptcy filed by individual debtors. The primary purpose of Chapter 7 is to seek a discharge from debts. The goal of a Chapter 7 Bankruptcy case is to solve your debt problems, and provide a fresh start. Many debts such as credit cards, personal loans, and old […]

Chapter 12 Bankrutptcy

A Chapter 12 Bankruptcy provides a means for financially distressed family farmers, or fisherman, to propose a plan to repay all or part of their debts. Eligibility for Chapter 12 is limited to “family farmers” or “family fishermen” with “regular annual income.” Chapter 12 has some similarities to Chapter 13, however it is more flexible, […]

Bankruptcy Myths

There are many myths about Bankruptcy. As a bankruptcy attorney, I find that many clients have heard things about bankruptcy which are incorrect. 1 – The New Bankruptcy Laws make it impossible for most people to file. Almost everyone is still able to file some form of bankruptcy relief. Most of the clients who seek […]

Bankruptcy Credit Counseling

There are two types of credit counseling which are required in Bankruptcy. Before a bankruptcy petition may be filed, a consumer counseling session must be held, with an approved credit counseling agency. They will issue a certificate, which is good for 6 months. You should tell them the correct Bankruptcy Court District – ask your […]

Chapter 13 Bankruptcy

A Chapter 13 Bankruptcy Plan allows a homeowner to submit a plan to get caught up on their debts, over a 3 to 5 year period. During this time they make their best efforts to pay; most debts which are not paid can be discharged when the plan is completed. A Bankruptcy Attorney will draft […]

Act 91

The Homeowners’ Emergency Mortgage Assistance Program (known as HEMAP, or Act 91) provides loans to homeowners who can show that: They are behind on their mortgage through no fault of their own; and There is a reasonable likelihood that they will be able to resume full mortgage payments within either 24 or 36 months (the […]