Credit Card law questionable
There’s no shortage of blame for the mortgage crisis that drove the economy into the ditch ... Act of 2005, households could erase their unsecured debts by filing for Chapter 7 liquidation ... the reform, overindebted households might file bankruptcy and get rid of their credit card debt [more...]
Date: 2009-01-13 10:09:00
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Chapter 7 Bankruptcy Discharge
Tip! The next step in filing for bankruptcy is to determine exactly what assets you have available to you ... the creditors from taking any form of collection action against debtors on discharged debts [more...]
Date: 2008-12-03 01:00:36
Bankruptcy - Is It the Answer?
Bankruptcy - Is It the Answer? October 11th, 2008 Subscribe To Our Feed If your finances are in a mess, you may have considered bankruptcy ... to pay back a portion of the debt that is owed to creditors. Your credit will be damaged ... laws. They were allowed to file more than once for Chapter 7 so many used it to beat credit card [more...]
Date: 2008-10-11 21:47:58
Can debt negotiation organizations be of assistance?
The most rapid and least expensive program to get out of debt besides chapter 7 bankruptcy is to negotiate your credit card debt. There are a plethora of ethical debt settlement companies doing a good job that could aide you in negotiating your accounts down to the lowest amount possible. What they do is reach your collectors and honestly go to battle, looking to have the account look as if paid in full for a sum drastically lower than what was owed before. [more...]
Date: 2009-09-19 19:14:59
Conducting a Financial Triage
Nearly every day, we are contacted by debtors desperately seeking help and answers: "Do I qualify for bankruptcy?" "Will I lose my house? ... and lots of credit card debt might be better off in a Chapter 7 bankruptcy. In order to assess a debtor's ... , a wage garnishment or an eviction. Careful analysis of the matter is still required [more...]
Date: 2008-09-24 05:00:09
Falling Out Of A Bed That Gets Higher Every Day
The Herald Tribune reports from Florida. “Mark Brivik, a real estate investor who made a living buying, ... off her credit cards and ripped them up.” Still, even without credit card debt, Lesso is struggling ... for Chapter 7 bankruptcy protection. Brivik distinguished himself from other investors during the past [more...]
Date: 2008-11-24 14:34:43
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