What Not to Do When Filing for Bankruptcy

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Filing for bankruptcy can be a positive experience that helps regain your financial footing. However, there are certain steps that can hurt your bankruptcy case, even if they’re in good intention or accidental. Here is what you should avoid before filing: Don’t Lie About Your Assets Always be completely honest about your assets. Your case […]

How to Prepare for Chapter 7 Bankruptcy Meeting of Creditors

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With most bankruptcy proceedings, it is an inevitability that you’ll have to meet with an attorney, a bankruptcy trustee and possibly creditors at some point in the process. When either individuals or businesses file for Chapter 7 bankruptcy the court will schedule a Creditors Meeting. Otherwise known as a 341 hearing, a Creditors Meeting is […]

How Much Does it Cost to File Bankruptcy?

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Those that have never had a reason to consider bankruptcy as an option to combat mounting debt, most likely view it as a worst-case scenario. But if you are one of the thousands of Americans up to their necks in debt, bankruptcy is not only one of the last options, it can be a saving […]

Litigation Strategies in Foreclosure Cases

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Once a property is in foreclosure, a homeowner’s options range from filing for bankruptcy to applying for a loan modification. There are also options when it comes to litigation. The foreclosure process is confusing and complicated to most people already facing financial hardship. Even if you apply for a loan modification, the bank may still […]

Rebuilding Your Credit Score After Bankruptcy

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When you file for bankruptcy, it can remain on your credit report for up to 10 years. You may wonder what good discharging your debt has done. However, it’s possible to start rebuilding your credit soon after your bankruptcy filing. In fact, lenders can look upon your lighter debt burden favorably. There’s also no possibility […]