There is a lot of talk about filing for bankruptcy on the Internet, but not a lot about what happens afterwards. After a successful filing with the help of a bankruptcy lawyer, you can expect: Discharged Debts: For most borrowers, the most attractive result of filing for bankruptcy is the elimination of most unsecured debts.
Does anyone know why? I was interviewed by the Republican-American recently with this quandary, but it is what they left out that tells the story. You can see what they printed here. But what was said was more expansive. The banks are running out of homes to foreclose with more than 5 million families losing their
Bankruptcy, credit, budgeting, debt collection and taxes are just a few of the topics we discuss at Money Go Roundtable. There are now 19 episodes of Money Go Roundtable up and released through iTunes. What started out as a six episode experiment with Consumer Attorney Jay Fleischman has now blossomed into a full-fledged podcast series.
A friend of mine in New York City filed a bankruptcy for a musician. That musician learned so much from the process that he put it to music. Maybe you don’t like loud music, so turn the volume down on your computer and read the captions. This says it all: Leave It All Behind Leave
Happy holidays indeed. If you’re a credit card company. According to this article in the Denver Post (“Credit Card Rates Soar Just Before Shopping Season“), credit card companies have been raising rates on unassuming consumers. The credit industry is preparing for the major reforms on the unscrupulous practices they have been getting away with for
There are a lot of things in life that are pretty natural and instinctive. Bankruptcy is not one of them. As a result, people have a number of misconceptions about the bankruptcy process, such as: 1. There’s nothing I can do to stop creditors from harassing me. FALSE. The moment you file for bankruptcy, you