Category: Bankruptcy

Bankruptcy Filing Fee Waiver Question from a Visitor...

Q: Will the bankruptcy court let me file Chapter 7 Bankruptcy without paying the $306 filing fee? Right now I have NO money. The credit card company attached my bank account (through a law firm) for about 8 months; before I closed my account!! My only income is SSI. Will the bankruptcy court let me

Why was my Foreclosure Case Scheduled for Non-Jury Trial?!

A large number of people are getting a non-jury trial order from the court. If you are among the thousands of South Florida borrowers in Foreclosure that have recently received an order from the court scheduling a non-jury trial, your time and options are definite. South Florida courts have enacted new rules and procedures to

South Florida Bankruptcy Courts Implement Mortgage Modification Mediation Program

A mediation program is usually a great way for a plaintiff and defendant to sit down with a neutral arbiter to hash out their differences. And, to come to a resolution that is usually better than continued litigation. Mediation is successful in all types of disputes including personal injury cases, contract disputes, and even divorces.

Hospital Collections Question from a Visitor

Q: My wife and I received a summons concerning a hospital debt of $722.00 started by a collection agency. What can we do? A: What you can do is contact the agency or agency's attorney. You can see if they are willing to settle the hospital debt for less than what you owe. Without knowing

Bankruptcy & Marriage Question from a Visitor

Q: Will Marriage have a bad effect on Bankruptcy? My girlfriend wants to file for bankruptcy, because of the debt for house and credit. I wonder if we should wait for her discharge? Then we marry? A: You should wait for marriage until after her bankruptcy meeting of creditors. If you marry before filing, the

Collections Question from a Visitor...

What is the connection between collection and foreclosure? Q: Chase ($7,092.00) to Midland Funding sold debt. They are trying to collect and I have not paid since 2009, when I lost my job. My husband is on Social Security and I am still not working. Our house is in Foreclosure. What should I do? A:

Borrowers Are Discovering That Their Foreclosed Homes Are Coming Back To Haunt Them -- Long After They Have Moved Out

Your home has been in foreclosure, possibly for years. And, the bank has finally set a sale date so you move out. You and your family are starting over in a new home. Moreover, you no longer think of your old home that the bank sold. That is, until years later when a debt collector

Insurer Can Sue for Unpaid Mortgage Debt

The most important thing to learn before short selling a property or having the lender foreclose upon is whether or not the renouncing of the deficiency will happen. If the deficiency has been waived then you do not have to pay that debt. If the deficiency was not waived when your property was short sold

Some Helpful Tips in Preparing for Bankruptcy

In today’s economy, oftentimes people are forced to choose between paying their bills or buying groceries. When they eventually decide they can no longer continue this way, bankruptcy can offer a fresh financial start. Whether your decision to file bankruptcy stems from a financial disaster or simply not having enough income to cover your expenses,

Look out for Common Bankruptcy Pitfalls!

Bankruptcy is a legal process that helps us eliminate our debts and start afresh financial life. Furthermore, the purpose of bankruptcy is for you to declare your inability to repay your debts; even with the help of other debt relief or debt settlement options. Moreover, the bankruptcy laws enable you to take the required steps