A Better Way Bankruptcy
After surviving the difficult process of a foreclosure, a former homeowner may still face an additional obligation to their mortgage lender. Unmanageable by most, there is a way to clear this sizeable debt by filing bankruptcy.
When a home is sold through a foreclosure action, and sufficient funds are not collected from [...]
Tags: bankruptcy attorney·Chapter 7 Bankruptcy·deficiency judgment
When considering the very difficult option of bankruptcy, one of the first decisions to make is whether to file for Chapter 7 or Chapter 13. Although the rules differ from state to state, the basic differences between the two are the same everywhere, as filing always takes place in Federal Bankruptcy Court.
A little Internet [...]
Tags: Chapter 13 Bankruptcy·Chapter 7 Bankruptcy·Michigan bankruptcy attorney
Chapter 7 bankruptcy is not an easy process to manage. There are many details to where you need to remain in constant communication with creditors, courts and court officials. There are piles of documents needed to be prepared and more to keep track of. It is better if a professional handles your case. However, how [...]