Unfortunately, financial scams seem to be more prevalent than before. The latest scam reported by the courts and National Association of Consumer Bankruptcy Attorneys involves con artists calling intended victims and posing as bankruptcy attorneys to get the victims to immediately wire money to satisfy a debt. The scammers target ...
How to improve credit after bankruptcy
People often wonder if it’s possible to improve credit after bankruptcy. Yes, it is possible, and maybe surprisingly, it doesn’t take very much time or effort. When the bankruptcy case is filed, many people are in a difficult financial situation and their credit score is already low. Filing bankruptcy would ...
Bankruptcy horror stories (Part 2): Bankruptcy can be a disaster if…
I recently talked about various negative outcomes of failing to seek qualified and experienced attorney help and representing yourself in bankruptcy (with or without help of bankruptcy preparers) or retaining attorneys who do not focus their practice on bankruptcy law. In this post I will continue discussing various bankruptcy pitfall ...
Bankruptcy horror stories (Part 1): Bankruptcy can be a disaster if…
We have previously talked about bankruptcy success stories. But can the outcome of filing bankruptcy be disastrous? Yes, it can be - and usually the culprit is bad legal advice, or lack of advice. * Just yesterday, "Kim" attended her 341 Meeting of Creditors. Kim, an elderly woman whose ...
The worst types of debt: payday loans, co-signed loans, student loans
Most people have had debt of some kind during their lives. While in the perfect world it may be great to be debt-free, for most of us some debt may be very hard or impossible to do without (for example, a mortgage loan if you want to own a house) …
Bankruptcy Success Story: David and Maria
David* and Maria*, a couple in San Jose, California found out first hand just what a powerful and positive solution filing bankruptcy can be. David and Maria have been married for over 20 years and have three teenage daughters. They have a small business, offering gardening and landscaping services. When …
- Page 1 of 2
- 1
- 2