Will Filing For Bankruptcy Haunt Me Forever You may have filed for bankruptcy or are thinking about filing for bankruptcy, and are worried that it will haunt you forever. Rather than focus on the perceived negative aspects, you should concentrate on the positive ones. Bankruptcy Will Not Stay With You Forever While it is true that bankruptcy will stay on your credit record for a period of 10 years after you have filed, you will still be...... Similar Editorial : Filing for Bankruptcy by Miodrag Trajkovic. | Source : Filing for Bankruptcy
Your Bankruptcy Attorney - Guiding You Through The Process If you are in deep financial trouble and are thinking about filing for bankruptcy, then you should hire a knowledgeable bankruptcy attorney that can guide you through the entire process. Here is what your bankruptcy attorney will do once you have contacted them. Your Attorney Will Ask For All the Relevant Papers You will first need to go for mandatory credit counseling six months prior to filing...... Similar Editorial : Choosing a Mesothelioma Attorney by Maggie Kay. | Source : Filing for Bankruptcy
Should I File Chapter 13 Or 7 Bankruptcy? If you live are under tremendous financial pressure and unable to pay off your outstanding debts, then filing bankruptcy may be the only viable option that you have. As an individual you have a choice of filing for bankruptcy under two chapters. An explanation of both the chapters - and how to choose the chapter more suitable for you - is given below. Chapter 7 You can file for bankruptcy under...... Similar Editorial : Chapter 11 Bankruptcy by Jared Myers. | Source : Filing for Bankruptcy
Reestablishing Your Credit After Bankruptcy When it comes to reestablishing your credit after a bankruptcy, the first thing that you must consider is how long you should wait. Not everyone's circumstances are the same; some will not have the extra income to take on debt, some will still be repaying old debt based on their Chapter 13 bankruptcy repayment schedule, and they will all have a different credit score. However, when you do finally...... Similar Editorial : Credit After Bankruptcy by Miodrag Trajkovic. | Source : Airlines Bankruptcy
Top Reasons That Drive People Into Filing Bankruptcy Filing for bankruptcy can be a hard decision for most people to make; however, the circumstances surrounding their situation make it impossible for them to see any other way out. There are many reasons that normal trustworthy people, much like you and me, decide that filing for bankruptcy is their only option. These reasons include:1. Job loss/unemployment - Many people have great paying jobs and...... Similar Editorial : Filing for Bankruptcy by Miodrag Trajkovic. | Source : Airlines Bankruptcy
Stopping Foreclosure On Your Home A foreclosure on a mortgage is a legal step that a lender resorts to when a consumer cannot repay the mortgage loan. The lender forecloses on the property and puts it up for sale to recoup their investment. If you have fallen behind on your mortgage payments and are facing similar problems, it is time to assess your situation and take the necessary steps to stop the foreclosure that will result in...... Similar Editorial : Stopping Foreclosure Takes Commitment by Jeff Herring. | Source : Foreclosed Homes To Buy
