Will Chapter 13 bankruptcy reduce consent judgment payment?
With a consent judgment, does the original creditor have to accept a negotiated amount if I file Chapter 13? I was making payments but I defaulted and the consent judgment said they could pursue any...
View ArticleWhy banks and debt collectors seem not to care when you threaten to file...
I am 180 days past due with Capital One, and trying to work out a settlement, but they have not offered anything lower than the full principal balance. How long does it usually take for them to come...
View ArticleMy chapter 13 bankrutpcy was dismissed. How does this impact credit card debt?
Dear Michael, I have not paid my cc since 12/2012. Unfortunately I hired a crook of an attorney who said he could file a chapter 11 to save my house and refinance from $240,000 to $114,000. I did not...
View ArticleHow your credit card bills and credit reports can impact your spouse.
I talked to you about 30 Days ago and you were very helpful. I have a couple more questions. How does my personal credit card debt affect my wife? If I have credit cards in my name and business does...
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How to find and interview the bankruptcy attorney you will hire.
Not all bankruptcy attorneys are created equal. That is not shocking. The same could be said about finding help in any profession or job that requires expertise and training. That said, finding the...
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Debt is a Bully with a Big Stick
If you’ve already read my first article, 5 Steps to Get Out of Financial Purgatory, you know that we’ve reached step #3 on the list. And, although, I am definitely not an expert on getting out of debt,...
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Pros and cons of Chapter 7 Bankruptcy
If your debts are unsustainable, and you have few assets, you may wish to clean the slate by filing for a Chapter 7 bankruptcy. Even those of us with assets we want to keep, such as your home or car,...
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Pros and Cons of Chapter 13 Bankruptcy
If you make more than your state’s median income and are looking to clear away high, unsustainable debts through bankruptcy, and you have too much disposable income to qualify for a Chapter 7...
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Coping with Freedom Plus Loans When You Cannot Keep Up Payments
Freedom Plus loans can range from about ten to forty thousand dollars. The interest rates can vary depending on your qualifications when you get approved for the loan. This can make for hefty monthly...
View ArticleComenity Credit Cards Can Be Settled For Less
Comenity Bank is mostly known for servicing credit cards for stores and other outlets, not for their own branded cards, or retail bank locations. As you will see from the list below, they are the bank...
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