If your debts have become unmanageable, but you want the opportunity to pay off your reorganized debts, filing for Chapter 13 bankruptcy may be your best option.Debtors are required to seek credit counseling before they are allowed to file their bankruptcy petition....
Blog
Month: October 2016
Will all my debts be wiped out in a bankruptcy?
There's a common misconception that a Chapter 7 bankruptcy will totally wipe a debtor's slate clean. While that would make many filers very happy, unfortunately, some debts are not discharged via bankruptcy.Certainly Chapter 7 is the best option for many consumers, as...
Foreclosure scams target unwary homeowners
Last week. we detailed how telephone scams can ensnare unwitting debtors into paying off debts for which they are not responsible. This week we will explore the different types of scams related to foreclosures. Scammers prey on those who are experiencing financial...
Is that a debt collector or a scam artist on the phone?
There are a lot of scams floating around out there, and some of the most realistic are the ones purportedly from debt collection agencies informing consumers that they risk being sued or arrested if they don't pay their alleged debts off immediately.Few things are as...