Typically, a newer contract supersedes an older one. That ay not always ne the case if there is a provision in the new agreement allowing parts of...

You are on the right track. The IRS will not tax debt forgiveness (reported on 1099-C) if you meet certain conditions. One is if you are deemed...

Once a Chapter 7 proceeding is filed, you can no longer pursue collections and litigation. If you ignore the Chapter 7, you can be hit with a...

First, gather all information and documents on the loan. It is especially important to determine if the loan is secured by collateral. Some SBA...

The bad news is that restitution is generally not dischargeable in bankruptcy. A bankruptcy may be beneficial by discharging other debt you have,...

You can file Chapter 7 without being current on tax returns. The bad news is that you can't discharge any taxes that might be owed for those years...

There is no waiting period because you recently purchased a car. Go ahead and begin getting some attorney consultations for you case.

A security deed allows a lender to place insurance on a home if coverage has lapsed. Have you maintained homeowners insurance on the property for...

Actually, she is the one in trouble because she may never collect it. It's also time to consider bankruptcy as well. Get a couple of consultants...

Typically, these are revolved outside of court in most cases. Once a creditor sees it made an error, it will cancel the recording of the old...