Are you so underwater in your total mortgage obligations you are considering walking away from your home? Can’t get a decent home loan restructuring from your bank due to a second mortgage? There may be a way out – if you are willing to undergo the drastic step of filing a Chapter 7 bankruptcy. During [...]
Entries Tagged as 'Chapter 7'
You Can Use Bankruptcy To Void a Second Mortgage
May 10th, 2011 · No Comments · Bankruptcy
Tags: Bankruptcy·Chapter 13·Chapter 7·Chapter 7 bankruptcy·first mortgage·petition court·second mortgage
Is a Discharged Bankruptcy Removed From My Credit Report?
December 17th, 2010 · 1 Comment · Bankruptcy, Debt Collection
Q. Can a Chapter 13 be removed from a credit file if that Bankruptcy is discharged? A. Just because a bankruptcy is discharged doesn’t mean it will be removed. This is true whether it is a Chapter 13 bankruptcy or a Chapter 7 bankruptcy. Briefly, a Chapter 13 bankruptcy is where you repay all of [...]
Tags: banktruptcies·Chapter 13·Chapter 7·collection·court monitored program·Discharged Bankruptcy·dismissed·Fair Credit Reporting Act·paid debts
Can I Cancel Bankruptcy Proceedings?
August 17th, 2010 · No Comments · Bankruptcy, Debt Settlement
Q. I decided rather to file a Chapter 7 bankruptcy then go the debt settlement route. I didn’t take your advice on asking for loans from your family first, because of the over abundance that has already been done for me. At the end of June Through the end of July, I paid a lawyer [...]
Tags: Bankruptcy·cancel bankruptcy·Chapter 7·Debt Settlement·dismissed bankruptcy·family loans·motion to dismiss·pre-bankrupcty classes
