Bankruptcy

Bankruptcy or Short Sale – Which is Best?

Bankruptcy is a legal process that may stop a foreclosure and allow you to reorganize your debt and keep assets More…

Bankruptcy Basics

Federal bankruptcy law is intended to provide a fresh start to an honest debtor More…

Chapter 7

First a means test must be applied, determining that your residual income for the next five years will be less than $6,000 More…

Chapter 13

Unlike Chapter 7, all of your assets are not liquidated in Chapter 13 bankruptcy. Chapter 13 bankruptcy provides time to catch up on past due balances while keeping your property More…

A Short Sale Makes Better Sense — Financially and Emotionally

The “B” word, Bankruptcy, and the “F” word, Foreclosure, stir up all kinds of personal embarrassment and lasting financial stigma including More...