Bankruptcy Blog Archives

This personal bankruptcy story was posted on the internet in September of 2009 as a comment in a discussion on bankruptcy: “I have recently spoken to a lawyer about bankruptcy [who] says I need to file chapter 13… I have a small business that is my only way of making any money and if I [...]

This personal bankruptcy story was posted on the internet in April of 2009 as a comment in a discussion on bankruptcy: “I too am a victim of the real estate fiasco. Your story is so similar to mine. Only my husband is the one with the stable job and income but not nearly enough to [...]

This personal bankruptcy story was posted on the internet in May of 2009 as a comment in a discussion on bankruptcy: “Is there anyone out there who has experience with Chapter13 bankruptcy and how the sequence of procedures will go? I started yesterday getting my certification online…and we felt like the whole world was watching. [...]

This personal bankruptcy story was posted on the internet in February of 2010 as a comment in a discussion on bankruptcy: “As a provider for a family consisting of 1 spouse and 5 children, I was let go but at the same time “blessed” because I just couldn’t “do it” anymore in the “high end” [...]

This personal bankruptcy story was posted on the internet in October of 2010 as a comment in a discussion on bankruptcy: “Short sell your home!!! The foreclosure process takes forever. The mortgage lender should be interested in a short sale over foreclosure. A short sale will most likely guarantee the lender(s) more money than if [...]

Bankruptcy is a fact of life in the United States. It happens, and it can happen to anyone. Famous people are not exempt from a bankruptcy. If you don’t believe me, just ask people like MC Hammer, La Toya Jackson, Larry King, and Margot Kidder, just to name a few of the famous on a [...]

Bowie Kuhn, Baseball Hall of Fame inductee of 2008, former legal counsel to Major League Baseball for 20 years, and former Commissioner of Baseball for almost 15 years, was once accused by creditors of selling his home in New Jersey and fleeing to Florida to avoid bankruptcy proceedings. That accusation was made according to news [...]

One in seven U.S. home loans was past due or in foreclosure as of Sept. 30, 2009, putting that quarterly delinquency measure at its highest level since 1972, when the Mortgage Bankers Association began reporting it. At the beginning of 2009, 1 in 10 loans was past due or in foreclosure. Home foreclosures are likely [...]

Find a California bankruptcy attorney who can answer your questions about the benefits of Chapter 7 bankruptcy or Chapter 13 bankruptcy.

Things you need to know before filing bankruptcy. Before a person can file bankruptcy, they will have to undergo a mandatory credit counseling session.