Everyone's situation is different and one must consider seriously whether filing bankruptcy or trying to settle with credit cards is the right strategy. If the debt is just too high for you to ever...
December 23, 2010
Bankruptcy
New Jersey Bankruptcy Filings Increase
From the end of November 2009 to the end of November 2010, the total bankruptcy filings were up 16% year over year. The total bankruptcy filings from December...
June 16, 2010
Bankruptcy,
Debt Management
Contrary to popular belief, some back due taxes owing to the Internal Revenue Service (IRS) can be wiped out in bankruptcy. In order to be eligible to wipe out a tax debt, there are five conditions...
June 1, 2010
Bankruptcy,
Chapter 13
Decreasing home values and multiple mortgages can create opportunity for debtors in a Chapter 13 bankruptcy. According to a report issued on February 23, 2010 by First American CoreLogic, more than...
May 11, 2010
Bankruptcy,
Foreclosure
RealtyTrac reported its January 2010 Foreclosure Market report on February 11, 2010, which showed a decrease of nearly 10 percent from the previous month of December 2009. However, the report...
November 9, 2009
Bankruptcy,
Foreclosure
According to an article on Bloomberg.com, the Obama administration's foreclosure prevention program shed 24 percent of the almost 1.1 million borrowers who had obtained trial loan modifications...