How Long Does Foreclosure Take? Can Bankruptcy Help?
The length of the foreclosure process varies by state. Some states take as long as two years before requiring homeowners to move out of their homes. COVID-19 assistance might be available for you. In addition, bankruptcy could help you avoid or delay foreclosure. When a homeowner cannot pay his mortgage due to extended unemployment, severe…
Why Are My Wages Being Garnished? Can Bankruptcy Help?
Wage garnishment is a legal procedure in which a court order requires an employer to hold back a person’s earnings for the payment of a debt. If your wages are being garnished, do not assume you are completely powerless. You can alleviate or even eliminate this financial burden with the assistance of the correct bankruptcy…
How to Decide Which Chapter of Bankruptcy to Declare
If you are experiencing financial troubles, do not feel like you are out of options. Individuals may qualify to file for bankruptcy. The question is: which chapter of bankruptcy is right for you? Here is a short, helpful guide on the different types of bankruptcy and what to expect with each one. How to Decide…
Reasons Why You Should Hire a Bankruptcy Attorney
Filing for bankruptcy is a big step to eliminate debt. We realize it can be uncomfortable, but for some, it might be one of the only options to get back on your feet. If this is your situation, and you are unsure where to start, we suggest speaking with a bankruptcy attorney. Let’s go over…
Can You File an Emergency Bankruptcy To Stop Foreclosure?
Bankruptcy isn’t a word anyone likes to consider. Still, financial difficulties can strike anyone at any time, and when you can’t make your mortgage payments, you may be looking for a way to stave off foreclosure. Emergency bankruptcy may seem like the way to go to either stop or delay the bank. Before you take…
What Happens to a Jointly Owned Home in Bankruptcy?
The joint-owned property, such as that owned by a married couple, can affect how a bankruptcy is completed. If one spouse is going to file for bankruptcy, but there are assets in both of your names, it is imperative you speak with an attorney about these properties; especially when it comes to the family home….
5 Steps to Bankruptcy Planning
If you are considering bankruptcy, planning is essential. The actions you take, weeks and even months before you file, could dramatically impact the outcome of your case. Regardless of how bad your financial situation is, the more steps you take ahead of time, the better the outcome will be for your case – and the…