Filing for bankruptcy is a personal decision. The following is a quick guide for you. If you can relate to two or more of these problems, you owe it to yourself to find a solution. Robert J Adams & Associates will make taking the step toward bankruptcy (Chapter 7 or Chapter 13) a little easier. You can […]
Should I File Bankruptcy? Read Post »
Bankruptcy VideoMany Homeowners file a Chapter 7 Bankruptcy who are current on their mortgage and want to keep their home. The question is “Do I reaffirm my mortgage?” The answer, almost always, is a big fat NO. REAFFIRMATION GENERALLY In a Chapter 7 secured debts (like a car note* or mortgage) are generally treated one of
Should I Reaffirm My Mortgage In A Chapter 7? Read Post »
Chapter 7 Mortgage VideoI get a lot of questions about Marriage and Bankruptcy. One question is “I have a lot of debt: should I file Bankruptcy now or wait until we get married?” The second question often asked is whether a married couple should file a joint bankruptcy or whether only one party should file. These are excellent
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Bankruptcy Marriage VideoAbout half of all marriages end in Divorce. The question is whether the couple should file a joint bankruptcy before or during the Divorce proceeding. There is no doubt that emotions run high and parties frequently have animosity towards each other. But if the couple can put aside their differences, bankruptcy can make things less
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Bankruptcy Divorce VideoIt seems like every week, I get a telephone call that generally goes like this: “The sheriff’s sale was last week. Can you help me save my home?” I reply, “Why did you wait?” The typical answer is: “I was working with the mortgage company on a loan modification. They said it looked good, so
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Foreclosure Loans VideoIn the last five years, property values have fallen leaving many people owing more money than their property is worth. If you own a building with rental apartments, you may be able to reduce what you pay to only what the building is worth by filing a Chapter 13 bankruptcy and using a cram down
What Can I Do When My Building Is Worth Less Than I Owe? Read Post »
Real Estate VideoCondominium associations are much like landlords. They can evict you if you are behind on payments and also sue you to recover unpaid assessments. Bankruptcy can help you stay in the condo by repaying the dues or get rid of the debt if you decide to leave. DUES Condominiums (Condos) include multi-unit apartments and townhouses
Past Due Condo Payments – How Bankruptcy Can Help Read Post »
Condominium VideoYou can often get the IRS off your back through Bankruptcy. Thousands have gone through one of the Bankruptcy chapters and regained their freedom from the IRS. FEDERAL TAX LIENS A federal tax lien is the government’s legal claim against all your property. It encumbers real estate, bank accounts, and even personal property. How does
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Bankruptcy IRS Liens VideoSimilar to a blog we did earlier, Should I File Bankruptcy, the following article discusses warning signs. 7 Signs You’re Heading Into Bankruptcy If you are having financial problems, feel free to contact us or explore the website. We have helped thousands of people through these problems. Now may be the time for you to file a
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Financial VideoWhen you face serious financial problems filing Bankruptcy may well be a necessary and correct path for you. But caution is always required. By consulting with a law firm that has years of experience with Consumer Bankruptcy you can steer clear of some big pitfalls. These are some of the serious DON’Ts to avoid when filing
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