Bankruptcy

May 26, 2010

New HAMP Guidelines Take Effect June 1, 2010

The federal government provided new Home Affordable Modification Program (HAMP) outreach and communication guidelines for foreclosure actions while evaluating the borrower.  These guidelines provide additional protection […]
January 21, 2010

Top 10 Bankruptcy Myths

Filing for bankruptcy hurts your credit for 10 years. Not True.  Bankruptcy stays on your credit about 7 to 10 years.  Although the bankruptcy will stay […]
January 6, 2010

Chapter 13 – A Law With Benefits

Many debtors choose not to file for Chapter 13 bankruptcy because it requires repayment of at least a portion of their debts. Chapter 7 bankruptcy, another […]
December 31, 2009

Bankruptcy FAQ

 1.         What is a Chapter 7 bankruptcy and/or a Chapter 13 bankruptcy? Chapter 7 bankruptcy is a liquidation proceeding. The debtor turns over all non-exempt property […]