It is commonly believed that Chapter 11 Bankruptcy is reserved for businesses. While it is true that a business cannot reorganize its financial affairs in a Chapter 13, it is not true that an...
August 3, 2011
Bankruptcy,
Debt Management
If you owe a creditor money, you may think that it is a good thing if that creditor stops attempting to collect the debt. Note, however, that if a creditor cancels or forgives a loan, it may report...
July 23, 2011
Foreclosure
As if it was not hard enough to lose ones home in a foreclosure action, could you imagine being required to write a check to the mortgage company after the home is sold at auction? Many borrowers owe...
June 17, 2011
Bankruptcy
It is well known that the leading cause of divorce is money....or rather the lack of money. What I have come to learn after meeting with many divorced debtors in my bankruptcy practice, is that the...