Legal Advice on Bankruptcy Laws

Short Sale. A short sale is the process of selling a piece of real property for less than what is owed on the loan(s). Short sales require the approval of the lender who will be affected by the... more

A big concern of a most people going through bankruptcy have is whether they are going to lose all of their property. It is a valid concern but generally not one you need to worry much about. All... more

Gather your records. In order to file a bankruptcy case, you need to know all your assets. You need to know all your debts. So gather up all of your bills, from credit cards to mortgage and car... more

Should I file bankruptcy?. Filing bankruptcy is a serious step, not to be taken lightly. For instance, if debtors owe only a small amount to a few creditors, it might make more sense to consult a... more

Debt collection law firms are bringing more and more suits annually. Often they institute these lawsuits through sewer service (see links below). They have done this to nearly 100,000 people in New... more

Statute of Limitations for Collection of a Debt. For ordinary debts such as contracts, credit cards, medical bills, repossessions, checks, and most consumer debt, the creditor is limited to a period... more

The Fair Debt Collection Practices Act. The Fair Debt Collection Practices Act, often referred to as the "FDCPA", was passed by Congress in response to abusive conduct by collection agencies. The... more

WHAT ARE DEBT COLLECTORS ALLOWED TO DO? People often ask us whether a debt collectors conduct is illegal. Perhaps the debt collector calls you countless times a day, or begins contacting your spouse... more