Wednesday, April 16, 2008

Financial Disaster
Rhonda is $53K in debt and going through a divorce. A financial advisor told her to file for bankruptcy. What should she do?

Labels: , ,

Click here to read the whole post & comments.

Posted By: Jim on Wednesday, April 16, 2008
PermaLink  |  0 comments  | Click to Comment

Email this, Post to Social Bookmark SitesShare this

Tuesday, March 18, 2008

Negotiating with Creditors
Melissa's ex husband filed for bankruptcy after the divorce. Creditors are now after her for debts. What are her options?

Labels: , , ,

Click here to read the whole post & comments.

Posted By: Jim on Tuesday, March 18, 2008
PermaLink  |  0 comments  | Click to Comment

Email this, Post to Social Bookmark SitesShare this

Debt Liability
Kevin's ex-wife filed for bankruptcy. How does this affect his credit?

Labels: , ,

Click here to read the whole post & comments.

Posted By: Jim on Tuesday, March 18, 2008
PermaLink  |  0 comments  | Click to Comment

Email this, Post to Social Bookmark SitesShare this

Thursday, February 14, 2008

Bankruptcy Limbo
Erica is 25 years old and has $20k worth of car debt and student loans. Should she file for bankruptcy?

Labels: ,

Click here to read the whole post & comments.

Posted By: Jim on Thursday, February 14, 2008
PermaLink  |  0 comments  | Click to Comment

Email this, Post to Social Bookmark SitesShare this

Wednesday, February 13, 2008

Picking Your Battles
Lisa is $660k in debt and has three mortgages. Should she file for bankruptcy?

Labels: ,

Click here to read the whole post & comments.

Posted By: Jim on Wednesday, February 13, 2008
PermaLink  |  0 comments  | Click to Comment

Email this, Post to Social Bookmark SitesShare this

Wednesday, January 30, 2008

Fight Against Bankruptcy
Mary's ex-husband let their house go into foreclosure. Her name is still on the mortgage and utilities. Should she file for bankruptcy to protect herself?

Labels: , ,

Click here to read the whole post & comments.

Posted By: Jim on Wednesday, January 30, 2008
PermaLink  |  0 comments  | Click to Comment

Email this, Post to Social Bookmark SitesShare this

Wednesday, January 9, 2008

Bankruptcy, Is It Worth It?
A credit report is a written record of your spending habits and the timely fashion of paying your bills. Bad credit drops off your credit report after 7 years unless you have filed for a chapter 7 bankruptcy, which will stay on for 10 years. Your credit report is your financial reputation, and you cannot have anything taken off your report unless the item is inaccurate and can show proof.

Bankruptcy is listed in the top five life-altering negative events that one can go through, along with divorce, severe illness, disability and loss of a love one. Chapter 13 bankruptcy, is more like a payment plan, it stays on your credit report for 7 years. If you file for bankruptcy of any kind, you must report it when applying for a job or a loan. If you lie about it because it was a long time ago, that is a criminal fraud.

Labels: ,

Click here to read the whole post & comments.

Posted By: Joe on Wednesday, January 09, 2008
PermaLink  |  0 comments  | Click to Comment

Email this, Post to Social Bookmark SitesShare this

Wednesday, August 29, 2007

Lame Bankruptcy Lawyer
Make a commitment to get out of debt! How about getting out of debt by keeping your commitment to paying your debts back! And then stay out!

Labels: ,

Click here to read the whole post & comments.

Posted By: Jim on Wednesday, August 29, 2007
PermaLink  |  0 comments  | Click to Comment

Email this, Post to Social Bookmark SitesShare this