by Marcus Leinart | May 10, 2019 | Bankruptcy
The long-term effect that bankruptcy has on a credit report is one of the biggest concerns many individuals express when considering whether or not they should file. This concern is valid for many reasons. Along with qualifying for new lines of credit and loans,...
by Marcus Leinart | May 10, 2019 | Bankruptcy
It’s a commonly-held belief that when a person files for bankruptcy relief under Chapter 7, that person loses his or her property. This simply isn’t true. While some debtors may have to surrender an asset, most do not lose any property when they file a Chapter 7 case....
by Marcus Leinart | May 5, 2019 | Bankruptcy
Losing a home is one of the biggest fears people express when they discuss filing for bankruptcy relief. However, we want you to know that you may be able to get out of debt by filing a bankruptcy case while protecting your home from the bankruptcy trustee and your...
by Marcus Leinart | May 2, 2019 | Debt
If you are behind in paying your car payments, you may face repossession. Many people believe that a lender must file a lawsuit to begin the car repossession process. However, this is not true. A lender can begin the car repossession process by simply taking your...
by Marcus Leinart | Apr 25, 2019 | Debt
Dealing with large debts can be extremely stressful and overwhelming. Creditors and debt collectors can be aggressive or even abusive when seeking repayments. However, as a consumer, you are protected by several laws that oversee debt collection within the state. To...
by Marcus Leinart | Apr 21, 2019 | Bankruptcy
It can be stressful and frustrating when you’re struggling to pay debts that you cannot afford. Dealing with debt can be even more overwhelming when creditors and collectors do not care about your reasons for not repaying debts. They simply want their money and will...
by Marcus Leinart | Oct 29, 2018 | Bankruptcy
Should You File For Bankruptcy with No Money? The cost of a bankruptcy is always a concern for debtors. The reason people file for bankruptcy in the first place is that they’re in dire financial straits. They have outstanding debts that they cannot repay. However,...
by Marcus Leinart | Mar 19, 2018 | Bankruptcy
Maybe you have lost a job, making it difficult to stay current on mortgage payments. Maybe an illness or prolonged sickness has created medical bills you can’t possibly pay. With these financial pressures, you find yourself using credit cards more and more often just...
by Marcus Leinart | Mar 14, 2018 | Bankruptcy
While everyone who goes through bankruptcy feels fear and uncertainty about the future, it tends to hit seniors a bit harder. Younger individuals have a lot more time to recover financially. However, if you are of retirement age and have just filed for bankruptcy, you...
by Marcus Leinart | Mar 14, 2018 | Debt
You will be able to understand how bankruptcy works much better once you understand the three main classes of debts. Bankruptcy law does not play favorites with your creditors, except when those creditors are legally different. The most basic way that creditors are...
