Many homeowners have heard the term “short sale,” but don’t really know what it means.  A short sale is basicall or texty a bank agreeing to accept less than the amount owed on a mortgage in exchange for avoiding foreclosure.  As a result of the economic downturn of 2008, impacting both the housing market and...Read More

“Credit Monitoring” is when one screens his or her own credit history in order to detect any suspicious activities or changes. Various companies such as Lifelock, offers their services on a subscription basis to help people who are interested in the service to detect credit related fraud and identity theft. However, is this extra layer...Read More

“Theresa really helped me through a difficult situation and provided a simple solution at a reasonable rate. I highly recommend Theresa for legal matters.” –T.C. “Back in the early 2000s, I taught Alternative Dispute Resolution at the Southern New England School of Law (now the UMass School of Law). Theresa was a star student in...Read More

This week, I’d like to start a series of blog posts dedicated to the possibility of success after bankruptcy. You might be on this website because you are nervous about the bankruptcy process. You might be wondering if it is truly right for you, and if it will give you the fresh start that you...Read More

Chapter 9 bankruptcy was put in place in order to provide protection from creditors for municipalities that have financial problems.  Municipalities that are readjusting their debts need protection from creditors, just like the average person does.  Chapter 9 bankruptcy provides the refinancing of debt, the reduction of interest or principal, and the extension of debt...Read More

If you’ve been doing research on bankruptcy, you are probably pretty familiar with Chapter 7 and Chapter 13 bankruptcy.  However, these are not the only bankruptcy options.  There are some other kinds of bankruptcy that you should consider before deciding which is best for you.  Chapter 20 bankruptcy and Chapter 9 bankruptcy are both good...Read More

Oftentimes, the decision to file bankruptcy comes with feelings of embarrassment and shame. Many of my clients tell me that they don’t want anyone to find out that they have filed for bankruptcy – their family members, friends, co-workers or neighbors. Many also ask me if the fact that they have filed bankruptcy is information...Read More

If you are in debt, creditors can be brutal in their pursuit for their money.  Harassing phone call or texts, emails, letters, etc. can be sent to you, and this can be extremely overwhelming.  Being in debt is difficult enough to deal with, but having to deal with nasty creditors on top of that can...Read More

When you find yourself in debt and you contemplate debt consolidation, you are simply putting a Band-Aid on the problem. When you find yourself in too deep and rob Peter to pay Paul, like taking money from your 401K to pay medical bills or refinancing your home to pay off credit card debt, you are slowly peeling the Band-Aid off...Read More