Deeds In Lieu of Foreclosure Can Help You or Hurt You
Feb 04, 2020
If you're unable to refinance your home, you may hear lenders and other advisors recommend a deed in lieu of a home foreclosure. And while this sounds like a good way to go, many homeowners discover t...
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Liquidation Under Chapter 7: FAQs About Chapter 7 Bankruptcies
Feb 03, 2020
Frequently Asked Questions About Chapter 7 Bankruptcies Questions 1-5 #1. What is chapter 7 bankruptcy and how does it work?
A chapter 7 bankruptcy is a proceeding under federal law in which the debto...
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The Citation to Discover Assets: How to Defend Yourself in a Citation to Discover Assets
Feb 03, 2020
If a creditor sues you for money and wins, the court gives the creditor a judgment against you. The judgment tells how much money you owe the creditor and orders you to pay it. This article tells you ...
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7 Shocking (and Costly!) Facts About Consumer Credit Counseling
Feb 03, 2020
(NOTE: This information refers to credit counseling other than what is required for bankruptcy pre-filing credit counseling. Talk to the Fonfrias Law Group for approved agencies.) SHOCKING FACT #1: Cr...
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8 Eye-Opening Secrets That Reduce the Pain of Bankruptcy
Feb 03, 2020
You have no reason to feel guilty about filing for bankruptcy, especially if you use it as an opportunity to provide for your security. So while your financial problems seem serious, they aren't the e...
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IRS Taxes: If You Owe More Than You Can Pay, You May Qualify For The "Offer In Compromise" Program
Jan 15, 2020
The Internal Revenue Service (IRS) offers a program called Offer In Compromise (OIC), which allows taxpayers who owe taxes to negotiate an amount less than they owe to erase their debt. The purpose of...
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What Should You Do When You Have Creditors You Can't Pay?
Jan 15, 2020
Is it OK to ignore your creditors? When you owe money that you can't pay, you often feel there's little you can do. Then your phone starts ringing when creditors call. Next, creditors threaten to sue ...
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How Bankruptcy Can Protect You During Foreclosure
Jan 15, 2020
If you are facing foreclosure – or if your lender has already filed a foreclosure lawsuit against you – you may benefit by using bankruptcy....
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7 Costly Misconceptions About Credit Repair
Jan 13, 2020
Here are 7 costly misconceptions about credit repair that could thwart your attempts to improve your bad credit rating or prevent you from maintaining your good credit score while struggling with debt...
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Loan Modifications: The Bank's Opportunity to Lie, Cheat and Steal ... From You!
Jul 24, 2018
Modifying your home loan to meet your current financial situation sounds exactly like what you need, but you have to go about it the right way! This guide will help you avoid being cheated by your ban...
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