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Your Bankruptcy Filing Must Usually Include Your Spouse’s Income

You usually need to include your spouse’s income when you file bankruptcy, even if you file individually. When a married debtor consults with me about their debt problems, sometimes they want to file bankruptcy under their name alone.  Filing bankruptcy for married people provides the same choice as filing taxes: you may file an individual bankruptcy […]

Hire A Competent Bankruptcy Attorney To Stop Foreclosure

Do you need chapter 13 bankruptcy protection to save your home from foreclosure?  Trying to do this yourself can cause major problems for you; hire a competent bankruptcy attorney to get you the help that you need to save your home. I once got a call from a man whose 73-year-old father’s home was about […]

Use Bankruptcy To Eliminate Credit Card Debt

Have you gotten over your head in credit card debt? If so, bankruptcy might be the solution for you. You can eliminate your credit card debts with a chapter 7 bankruptcy, usually without paying anything for those debts. Many people are solicited for credit cards as soon as they turn 18 years old. At that […]

File Bankruptcy To Invest In Your Future

Wait a minute! How would filing bankruptcy be an investment in my future? The answer is that if you are not doing well now financially, it’s the perfect time to file bankruptcy in order to get rid of debts. If you owe debts that you cannot afford to pay but don’t have any wages that […]

Consolidating Your Debts With A Chapter 13 Bankruptcy

You can lower your total debt payments, like credit card and medical debts, by consolidating your debts with a chapter 13 bankruptcy.  There are many debt consolidation companies, and a lot of them will rip you off.  However, you can use chapter 13 bankruptcy as a debt consolidation without the fear of being ripped off by a dishonest company. […]

Bankruptcy Should Not Be An Embarrassment

Many, if not most, people who have serious financial problems are embarrassed by those problems, but they are even more embarrassed by considering bankruptcy as a solution.  However, you should not be embarrassed by using bankruptcy to fix your financial problems. It is completely understandable that you are embarrassed because you can’t pay your debts, […]

Abuse Of Credit Cards Can Cause Bankruptcy

Are you facing bankruptcy because you can’t pay your credit card debts?  Keep in mind that credit cards are loans; money charged on them must be paid, and if you don’t pay the full balance due on your monthly statement, you will also pay interest, often at a high rate.  Credit cards are not free […]

Use A Loan Modification In Bankruptcy To Fix Your Mortgage Problems

A loan modification in a chapter 13 bankruptcy can be the answer to your mortgage payment problems.  Are you unable to pay your mortgage because you can’t afford the payments, or because you’ve gotten behind on them and cannot afford to make them up while paying your mortgage?  If so, a loan modification may be […]

Divorce Attorneys’ Fees Dischargeable in Bankruptcy

Betty (not her real name) had racked up substantial divorce attorney’s fees that she could not afford to pay, and she came to see me about filing bankruptcy.  But Betty was afraid that even with bankruptcy she’d still have to pay her divorce attorney fees.  Betty’s divorce attorney fees were a large part of her […]

Stopping Foreclosure With A Reverse Mortgage

Can and should you get a reverse mortgage in order to stop foreclosure of your home?  As attorneys like to say, it depends.   Normally we file chapter 13 bankruptcy in order to stop a foreclosure, and some of our clients also try to get a loan modification through the bankruptcy court’s loan mod program.  A […]