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Kristy Anne Hernandez

Kristy Hernandez’s Legal Guides

18 total


  • The Pros and Cons of Reaffirming a Debt in Bankruptcy

    When you reaffirm a debt, you sign a contract to continue making payments to the lender. Think of this contract as taking your vehicle loan or mortgage totally out of the bankruptcy. This means that if you ever stopped making payments on the debt, the lender would be able to repo...

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  • How to Check that Your Loan Modification Attorney Isnt a Crook!

    Many homeowners have been scammed by unethical people claiming to be loan modification experts. Do not let this happen to you! Before hiring anyone to do your loan modification, make sure that you check out their credentials. If you are hiring an attorney, you should look up that...

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  • Why You Should Hire a Lawyer for your Loan Modification

    It can be very diffucult getting loan modification from a lender on your own. Lenders are difficult for two main reasons: first, you get different answers from different service reps every time you contact your lender; and second, they are not set up to help you unless you alread...

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  • Landlords Can Collect Rent Even When the Rental Property Is In Foreclosure

    Many tenants use a pending foreclosure as an excuse not to pay the monthly rent. This is a direct violation of their rental agreement and a landlord has the right to pursue collection of these funds. Although you may not be making the monthly mortgage payment, when you permit so...

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  • Immediatley Prior to Filing Bankruptcy, What You Should NOT Do

    1. Do not transfer property to anyone. This includes anything valuable, such as a house, car, boat, bank account, etc. If you try to, the Court WILL find out. You are clearly asked in your petition whether you have transferred property to anyone in the past 2 years. The Bankrup...

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  • Redemption: How to Get Rid of Your Car Payment through Bankruptcy

    When you file a bankruptcy case, you are required to value all of your vehicles. When your vehicle is worth less that what you owe on it, it is possible to do a redemption. When you file a bankruptcy case, you are required to value all of your vehicles. When your vehicle is wort...

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  • Why So Many Debt Consolidation Clients End Up Filing for Bankruptcy

    In my years of experience practicing bankruptcy, I have seen clients file bankruptcy cases for many different reasons. But, for me, the most frustrating trend is the very high number of clients who seek bankruptcy advice after working with debt consolidation companies. Almost eve...

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  • Why Attorneys Can Get you Good Deals through Debt Settlement

    If you're drowning in unpaid bills and desperately looking for a way out that does not involve bankruptcy, debt settlement may be right for you It's a little-known fact that when you fall further and further behind on your payments, creditors would much rather agree to settle you...

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  • The Difference Between Chapter 7 and Chapter 13 Bankruptcy

    Filing Chapter 7 may be an option which will relieve you of your debt and help you get the fresh start you need. There are several important advantages of filing Chapter 7 bankruptcy. In fact, Chapter 7 is the most common form of bankruptcy in the United States. An individual or ...

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  • What You Should Bring to Your First Appointment with a Bankruptcy Attorney

    The purpose of your first appointment is for your bankruptcy attorney to collect information about you and your financial situation. Here are the five most important things to prepare for your initial office consultation: Recent Pay Stubs: or Receipts showing money you received ...

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