For many years, it has been well settled law that a Debtor who owns real estate with more then one mortgage, can file a Motion with the bankruptcy court to eliminate or strip the second mortgage or equity line from their property. The problem in doing this though is that it was just as well […]
Once you file a chapter 7 or 13 consumer bankruptcy case, the court will schedule your Section 341, Meeting of Creditors. In most cases, this will be the only time you actually have to attend a court procedure. The good news is that this does not take place in a court room, but rather is […]
As one might expect, the stigma of bankruptcy often can stop a consumer from making the decision to file bankruptcy. They feel like a failure, or that they are reneging on an obligation. When I meet my clients for the first time, they often say to me, I have never not a paid […]
I often get asked the same questions over and over by different people, regarding what happens in a bankruptcy. Here are my answers to the top 5 questions
This video is intended for informational purposes only. For specific legal advise consult with a…
When someone who is facing financial difficulty decides to file for bankruptcy there are many secondary choices they must make. They may be able to decide which chapter of bankruptcy they should file, Chapter 7 liquidation or Chapter 13 reorganization. The tenants of these decisions have been addressed previously in this […]
