Save Your Home Through Mortgage Modification

It is generally easier to get a loan modification of your mortgage through a Chapter 13 bankruptcy than it is by direct negotiations with your lending bank or in a mortgage foreclosure proceeding in state court, even when you are not current on your mortgage payments. Under new federal guidelines you may be eligible for a modification to lower your total month mortgage payment (principal, taxes and insurance) to an amount equal to no more than 31 % of your gross income. I can assist you in the loan modification process as a part of a chapter 13 bankruptcyfiling. Contact my office for a free consultation to discuss your specific situation.

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Bankruptcy Myths
You Should Not Believe !

Bankruptcy Myths Video

Don’t be fooled by the many myths about bankruptcy. Most of these myths are simplynot true. I have written an article in which I dispel some of the more common of these myths and explain why these myths are not true. It is important that you to not let these false myths discourage you from seeking the benefits of a bankruptcy. The purpose of filing bankruptcy is to allow you to get a fresh start without the burdens of debts you are not able to pay. Don’t let myths discourage you from filing for bankruptcy and getting your fresh start if bankruptcy is the best option for you.  Contact my office for a free consultation to discuss your specific situation.

Do I Need An Attorney To File For Bankruptcy ?

Bankruptcy law is technical and complicated. While anyone can file a bankruptcy case on their own, that is not generally advisable. The choices and decisions made when filing for bankruptcy will have a profound effect on the rest of your life. There are many technical hurtles to overcome when filing a bankruptcy case. Simple mistakes in what you do before and after filing bankruptcy can eliminate the potential benefits offered by bankruptcy. Having an attorney knowledgeable in bankruptcy law is the best protection against a disastrous bankruptcy case. Contact my office for a free consultation to discuss your specific situation.

I can’t pay my medical bills  can bankruptcy help ?

Video on Medical Bills

It’s a fact that over 50% of people who file for bankruptcy do so in response to overwhelming medical bills. With the ever increasing cost of medical treatment the number of people seeking bankruptcy protection has increased by 50% in the last 5 years. Like so many other types of unsecured bills, all hospital and doctor bills are generally dischargeable in bankruptcy. If you are one of those people who, through no fault of your own, have become overwhelmed by medical bills that you simply cannot pay, you owe it to yourself to learn why bankruptcy may be your best option. Contact my office for a free consultation to discuss yourspecific situation.

Will I be able to purchase a car after my bankruptcy

Many car dealers have told me that in many cases it will be easier for people to purchasea new or used vehicle after they have received a bankruptcy discharge of debt. The discharge means that you will no longer owe any of these discharged debts, such as credit cards, medical bills, or other unsecured debts. What you will need to do is to obtain a secured credit card immediately after your discharge. You must make every payment timely and not miss any payments. Do not incur other debt. After about six months of timely payments on your secured card you can apply for the purchase of a car. By that time you will have begun the process of improving your credit scores to where you would qualify for a reasonable interest rate on the loan. Contact my office for a free consultation to discuss your specific situation.

The Truth About Student Loans and Bankruptcy

Many people find themselves overwhelmed by student loan obligations that they are not able to repay. These types of loans and assistance typically involve loans in which you signed a promissory note with a lending institution. Unfortunately student loans are not generally dischargeable debts in a bankruptcy Chapter 7 case unless excepting such debt from discharge would impose an undue hardship on the debtor and the debtors dependents What factors are considered by a bankruptcy court to determine whether an extreme hardship to repay the student loan exists? In Florida bankruptcy law courts have settled on the basic tests to determine whether extreme hardship exists in a given situation.
Contact my office for a free consultation to discuss your specific situation.