When it comes to debt there are two main types, secured and unsecured. In Chapter 7 and Chapter 13 bankruptcy knowing the difference between both is very important so you can implement a proper plan. Even if you aren’t filing bankruptcy it is still good to know what the differences are between the debts. First,...Read More
If you are over the age of 62 and planning on staying in your own home, a Reverse Mortgage may be for you, and you will want to read this eNewsletter very carefully because recently the Reverse Mortgage Laws have changed. Due to those changes, I sat down with an experienced Reverse Mortgage Consultant to...Read More
Whenever someone comes to see me about issues with their mortgage, the first question I ask is always: “Do you want to keep your home?” And I always expect a very long answer because there are a lot of considerations when making that decision. Factors include but are not limited to: Can I really afford it?...Read More
Perhaps mold is a concern because you are purchasing a home and your inspection is soon, or maybe you suspect the presence of mold in your current home. Mold spores are present everywhere we live and breathe. Mold spores enter our homes through open windows, our shoes from outside, or items we bring inside. It...Read More
Bankruptcy filings fell 0.3 percent for the 12-month period ending June 30, 2019, according to statistics released by the Administrative Office of the U.S. Courts. Annual bankruptcy filings totaled 773,361, compared with 775,578 cases in the year ending June 2018. Business filings rose by 1.1 percent, just the third time since 2010 that business bankruptcies...Read More
You have come a very long way, and I want to be the first person to CONGRATULATE you on completing all of your Chapter 13 Bankruptcy Plan Payments, and successfully receiving a Chapter 13 Bankruptcy Discharge! I understand what an incredible accomplishment this is and admire your determination to clean up your debt and get...Read More
Congratulations, you have successfully completed your Chapter 13 Bankruptcy case and received your Discharge! But…just what is a Discharge anyway!?! The most frequently asked question I get from my clients is “WHAT IS A DISCHARGE?” So, in this Chapter 13 Series Blog installment I am going to fully explain what a Chapter 13 Bankruptcy...Read More
The last action you must take in your Chapter 13 Bankruptcy Process will be taking the Debtor Personal Financial Management Education Course. This is actually fun and will be your first step on the road to a healthy financial life! In order to receive your Discharge you must complete an “instructional course concerning personal financial...Read More
The next step in your Chapter 13 Bankruptcy Process will be to attend your Chapter 13 Bankruptcy Plan Confirmation Hearing. Do not be alarmed! You will likely not have to testify at this Hearing at all. But I will explain below the process leading up to and including your Conformation Hearing, so you can have...Read More
In my last blog entry of this Chapter 13 Series I explained who the Chapter 13 Trustee is and what role she plays in your Chapter 13 Bankruptcy Case. In this blog I am going to stay with that topic, and add some information on just what to expect at a typical Section 341 Meeting...Read More
