Archive for the 'Filing Bankruptcy' Category

Foreclosure Vs Bankruptcy Questions and Answers

When it comes to considering bankruptcy or foreclosure sometimes one is better than the other depending on your circumstances.  Giving up to both isn’t always the best options, so deciding between the two sometimes needs to be done.  This article is going to deal with the most commonly asked questions when it comes to choosing […]

Foreclosure: What is True and False

If you finding yourself thinking about foreclosure and the possibility of facing it, you might be doing some research to find out more about it.  During this research you have to be careful what you believe, there are a lot of foreclosure myths floating around out there.  This article is going deal with some of […]

Stopping Foreclosure Questions and Answers

If you are facing foreclosure and looking for ways to stop the process, you likely have many questions.  This article is going to deal with the most commonly asked questions when a person is looking for ways to stop the foreclosure.
I have received a foreclosure notice. Is there anything I can do to stop it?
Yes, […]

Foreclosure, Bankruptcy Or Both

A lot of time I read about people debating about bankruptcy or foreclosure and which one is going to be least harmful and most helpful to a homeowner.  Many questions get asked about the two options, in this article I’m going to answer some of the most commonly asked ones.
What is Bankruptcy?
Bankruptcy is a legal […]

Foreclosure: Facts and Fiction

How many times have other people told you certain things which just weren’t true?  You may have even believed them for some time, because they said it so convincingly.  But after doing some research of your own, you realized they were completely wrong.  It could have been about anything: who won the World Series in […]

When To Hire A Foreclosure Lawyer

As most everyone knows now foreclosures in America are hitting an all-time high.  Most people either know someone who has been foreclosed on, or are facing foreclosure themselves.  The whole process can be quite overwhelming, and figuring out which direction to go can waste pressure time, that should be used to save your home.  If […]

When Should You File Bankruptcy When Facing Foreclosure?

You can file for bankruptcy whenever it is most appropriate to do so in your foreclosure situation. When you file will have a lot to do with the final outcome of the foreclosure and your ownership of the house, though, as well as any lasting financial repercussions.
If you file before the sheriff sale, the sale […]

Is Using Inverstors To Help Stop Foreclosure A Good Thing?

With all the home foreclosures in America, a lot of “short sale” businesses have sprung up within the real estate market.  If you are being foreclosed on, or considering bankruptcy it is important to know how these businesses can help and possible hurt you.
You hear and see it all the time “stop foreclosure” on the […]

Bankruptcy Reform Laws a Failure — Lenders Prey on Borrowers More Than the Other Way Around

The new bankruptcy laws were passed in 2005 when mortgage companies and financial investment firms were artificially pumping money into the housing market to create a huge bubble. Ostensibly, these new laws were meant to curb the large problem of homeowners or borrowers taking out loans, spending too much, defaulting, and declaring bankruptcy to get […]

Consider Filing Bankruptcy to Stop HOA Foreclosure

If your HOA is trying to force a foreclosure on your condo or townhouse due to unpaid association fees, then it may be likely that they have a lien on the property. This may have been the result of some type of confession of judgment if you ever fell behind or due to the association […]