Deeply In Debt? 4 Mistakes To Avoid When Filing For Bankruptcy
12 July 2016
If you're in debt, and you see no way out, you may need to file for bankruptcy. One of the benefits of filing for bankruptcy is that it provides you with the fresh start that you'll need to get back on your feet financially. Before filing for bankruptcy, however, you need to know that there some mistakes that can damage your case. Here are four mistakes you should avoid when filing for bankruptcy.
Three Red Flags That May Complicate Your Bankruptcy Application
14 June 2016
If you want your Chapter 7 bankruptcy application to proceed efficiently and fast, you need to avoid anything that will raise red flags on the trustee's radar. The trustee has tremendous powers; they can even object to your discharge if they think the circumstances warrant it. Here are some of the red flags that may jeopardize your bankruptcy application:
Discrepancy Between Reported Income And Supporting Documents
The trustee has to know your income to determine if you pass the means test.
5 Tips To Deal With Bankruptcy Efficiently
27 May 2016
When you file for bankruptcy, you likely are in a stressed mindset. Not only is your financial state going to change, but you are going to have to take major steps to repair it once you have filed for bankruptcy to ensure that you don't end up in this financial state again. When you file for bankruptcy, you want to be sure that it goes smoothly. Here are five tips to help you ensure that this is going to happen:
How Can Bankruptcy Help If You Are Facing Foreclosure?
16 May 2016
One of the difficult decisions you have to make when you are facing a foreclosure is whether or not you want to fight for the home or walk away. Both options can have financial consequences that could have a long-term impact on your future. If you are unsure of what you should do, here are some options and the possible consequences.
What If You Want To Keep the Home?
If you want to keep the home, you can attempt to negotiate with the lender.