Most of the time everything you own is exempt, meaning it’s protected in a Chapter 7 bankruptcy. If not, Chapter 13 can usually protect it.
Some of the assets you may want to protect in a bankruptcy case are those that are security for debts.
Sometimes it’s obvious which of the two consumer bankruptcy solutions is right for you. But not always. You might be surprised.
Falling behind on property taxes can have serious consequences, but does not necessarily mean you should hurry to sell your home.
If you owe a bunch of income taxes, and have a tax lien on your home, it’s tempting to try to fix everything by selling your home.
Could you afford your home if you didn’t have to pay your other creditors or didnât have to pay second mortgage payments?
Before deciding that you have to sell your home to pay your ex-spouse, find out your legal options. You may be pleasantly surprised.
Stopping a foreclosure through Chapter 7 or 13 while addressing your whole financial picture can be much better than hurrying a home sale.
Bankruptcy can buy you a few more months or even several years, so you can sell your home when you’re financially and personally ready.
One way that bankruptcy–Chapter 13 in particularâ–could save you a tremendous amount of money is with a second (or third) mortgage strip.
If you’re hurting financially and getting pressured to sell your home, first get bankruptcy advice to potentially save you lots of money.
Don’t let a creditor get a judgment against you. File a bankruptcy case before that can happen.
Bankruptcy can save your truck or vehicle various ways. Enable you to pay for it by wiping out other debts. Or even by paying less for it.