Posts tagged as:

Creditors

When Should I Consider Filing For Bankruptcy?

May 24, 2010

When Should I declare bankruptcy?

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Things To Know Before Calling A Los Angeles Bankruptcy Attorney

December 22, 2009

The idea of filing for bankruptcy can be scary and confusing. It is not a decision to enter into without the proper information. You may have seen an advertisement for a Los Angeles bankruptcy attorney on television or on a website, and the idea of paying a few lawyer fees and having your debt wiped out may seem like magic. But before you decide to file for bankruptcy, you should educate your self about the process, and gain an understanding of what bankruptcy actually means. Here are some things to consider when deciding whether bankruptcy is the right decision for you.

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Six Steps to Keep Your House

November 29, 2009

Life is tough, and it’s tougher when circumstances attack. Unemployment, unexpected medical bills, student loan repayments, or accidents can happen at any time, and can cause you to fall behind on your financial obligations. If something like this happens to you, you’ll undoubtedly want to repair your finances before you lose your home or other valuable property. These are the first six things you should do:

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A Debtor’s Guide to Bankruptcies

November 22, 2009

We all know people who claim to be legal experts but have no formal training. If such a person has told you that you should run up your credit cards before you file for bankruptcy because all your debt will be discharged anyway, please disregard their advice. If the Bankruptcy Court senses that you are acting in bad faith and taking advantage of the system then they will dismiss your claim. Therefore, to get the Bankruptcy Court to stay on your side and give you the benefit of the doubt, you need to make sure you have not used your credits cards within 90 days prior to filing for bankruptcy.

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What To Do When Creditors Come Knocking.

November 10, 2009

Sometimes in life, whether or not you know of your finance problem, you may have to hear from a creditor. Don’t panic! This isn’t the end of the world. Even though it may seem like a disaster, you’ll recover in time from any amount of debt. Thus the first step is: don’t panic. At this point, it’s time to step back and remember that you have many rights, as a citizen and as a person in debt.

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