Blog Posts in May, 2011
Posted on May 30, 2011 By Charles Glanzer
Before you can file for bankruptcy under either Chapter 7 or Chapter 13 , you must complete a credit counseling course from an approved agency within 180 days before the bankruptcy filing date. This ...
Continue reading "Pre-Bankruptcy Credit Counseling Requirement" »
Posted on May 27, 2011 By Charles Glanzer
The Bankruptcy Code is divided into several chapters that relate to specific bankruptcy actions. The two most common types of bankruptcies for consumers are found in Chapter 7 and Chapter 13 of the ...
Continue reading "What Is The Difference Between a Chapter 7 and Chapter 13 Bankruptcy?" »
Posted on May 25, 2011 By Charles Glanzer
The U.S. Treasury Department has developed an online calculator to assist homeowners in determining eligibility for assistance under the federal Home Affordable Modification Program. HAMP is a ...
Continue reading "HAMP Calculator Helps Determine Mortgage Modification Eligibility" »
Posted on May 23, 2011 By Charles Glanzer
Recently the State of Minnesota sued one of the largest collection agencies in the U.S. alleging the company used false and unreliable mass-produced affidavits as proof in consumer debts lawsuits. The ...
Continue reading "Robo-Signing Affects Collection Affidavits" »
Posted on May 20, 2011 By Charles Glanzer
Joseph P. Kennedy, Sr., patriarch of the Kennedy clan, was fond of saying, "When the going gets tough, the tough get going." If you are struggling with overwhelming debt, the kind that keeps getting ...
Continue reading "The Tough File Bankruptcy" »
Posted on May 18, 2011 By Charles Glanzer
Most debts are included in a Chapter 7 bankruptcy discharge. Not only are unsecured debts like medical bills and credit cards included, but secured debts like your vehicle loan and home mortgage are ...
Continue reading "Chapter 7 Reaffirmation Agreements" »
Posted on May 16, 2011 By Charles Glanzer
Many individuals report that filing bankruptcy was the best choice they ever made. The Bankruptcy Code provides incredible relief for those struggling with and buried in debt. Let's look at the top ...
Continue reading "Top Five Bankruptcy Provisions" »
Posted on May 13, 2011 By Charles Glanzer
The bankruptcy discharge is an extremely powerful court injunction that prohibits creditors and collectors from attempting to collect on a discharged debt. So what is included in your Chapter 7 ...
Continue reading "What Can You Discharge in a Chapter 7 Bankruptcy?" »
Posted on May 11, 2011 By Charles Glanzer
An individual can become confused by certain terms used during a bankruptcy case. Today's article will help explain some of these terms in plain language: Bankruptcy Estate - consists of all of the ...
Continue reading "Bankruptcy Lingo" »
Posted on May 9, 2011 By Charles Glanzer
Do I Have To List It In My Bankruptcy? A common question from clients preparing to file bankruptcy is, "Do I have to list it?" "It" can be an item of property, a financial obligation, a source of ...
Continue reading "Do I Have To List It In My Bankruptcy?" »
Posted on May 1, 2011 By Charles Glanzer
Understanding Your Bankruptcy Discharge Individuals file bankruptcy cases for many reasons. For many Chapter 13 debtors and nearly all Chapter 7 filers, the primary goal is to receive a bankruptcy ...
Continue reading "Understanding Your Bankruptcy Discharge" »