For many people facing financial difficulties, the biggest challenge is getting back on solid footing. It’s no secret that people with poor credit and fewer resources face higher interest rates, increased fees, and limited opportunities while trying to re-establish themselves financially. Burying your head in the sand and hoping for a miracle is never the […]
Can Bankruptcy Wipe Out Student Loans? MAYBE.
The age-old question of whether you can discharge student loan debt in bankruptcy does not have a simple answer. As any experienced Los Angeles bankruptcy attorney would explain, it is possible, but the process certainly isn’t easy. Additionally, there are absolutely no guarantees of success. Bankruptcy itself is somewhat complicated, but trying to discharge student […]
Harassed by Bankers and Lenders? We Can Help!
If you are finding it difficult to keep up with your mortgage payments, you do not have to resign yourself to the inevitability of a foreclosure. There are other possibilities, and an experienced loan modification attorney in Los Angeles can guide you in the right direction. One option that is available is the Fannie Mae […]
Bankruptcy Gives You the Freedom to Start Over
Bankruptcy is not the end for people who file; in fact, it is quite the opposite. A successful bankruptcy filing will provide you renewed financial freedom, and you will be able to go forward with a fresh start. Plus, contrary to popular belief, you do not necessarily have to surrender all of your property if […]
Real Estate Loan Modification
Failing to meet your mortgage obligations can lead to possible foreclosures and bankruptcy filings. Fortunately, a loan modification is an available option that allows debtors to remain in their homes while getting back on track financially. A loan modification is a change to the original terms of a loan that often results in more affordable […]
Eliminating Debt via Chapter 7 Bankruptcy
Chapter 7 bankruptcy is a legal process that permits certain individuals to eliminate some or all of their debts. Below is an overview of the process. Eligibility for Individuals filing for Chapter 7 Bankruptcy Chapter 7 bankruptcy is aimed at individuals of limited financial resources. Eligibility for Chapter 7 is determined by balancing a debtor’s […]
9 Ways to Rebuild After a Bankruptcy
After you’ve been through a bankruptcy, it’s time to think about rebuilding. It’s a process, but if you are careful, you can get there. Follow these steps, and you will soon improve your credit score, which is critical for buying a car, renting or buying a house and functioning in a myriad of ways in […]
Chapter 7 or Chapter 13: Which Is the Right Bankruptcy Solution for You?
No one wants to declare bankruptcy, but when there is no other choice, individual debtors must examine whether or not a Chapter 7 or a Chapter 13 bankruptcy will best serve their needs. Chapter 7 is for those who have no means to pay back any of their debts; a Chapter 7 will discharge most […]
CACB Loan Mod Management Program – A Loan Modification through Bankruptcy
Homeowners who are currently in an active bankruptcy or plan to file and are behind on their mortgage can look forward to a newly launched program called the Loan Modification Management (“LMM”) Pilot Program. Borrowers can be reviewed for a modification in conjunction with a bankruptcy under the supervision of the courts. With the Home […]
Avoiding Foreclosure: How Hiring an Attorney Can Benefit You
If you’ve recently suffered life-altering circumstances that now put you in danger of defaulting on your mortgage and foreclosing on your home, then you need to seek the advice of an experienced real estate attorney in Los Angeles. The best way to protect yourself, your home, and your credit is to proactively tackle this situation […]