No surprise here– if you are one of the millions of Americans who tried to modify your loan in the HAMP program (Home Affordable Modification Program) in the last 3 years of this program, you would have experienced this. The program promised much and delivered
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Z is for Zero in the Bankruptcy Alphabet
Z is for Zero! Nothing Owed! We finally made it to the end of the bankruptcy alphabet, Z! Z stands for Zero. Zero is what you end up owing on certain of your debts in bankruptcy. If you qualify for Chapter 7 Bankruptcy, unsecured debts
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Having Problems Paying Student Loans– You’re Not Alone!
The fourth article in a recent series in the New York Times about soaring college costs and the debt that students and their families are trying to cope with. Now, collection agencies are getting in on the act. There are some options available for students,
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Y in the Bankruptcy Alphabet— Are You Too Young to File Bankruptcy?
I have discussed bankruptcy with many clients, young and old. It is hard enough for people to come to the decision that they will file for bankruptcy protection. Harder still is the decision to file for bankruptcy when you are very young. By young, I
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X – Executory Contracts and “Unexpired Leases”- in the Bankruptcy Alphabet
The letter X in the Bankruptcy Alphabet stands for Executory contracts. (I know, it’s a stretch, but how many words begin with X?). An executory contract in bankruptcy language refers to a contract that is signed, and valid, but has not been completed yet. The
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W – What You Need to Bring to an Appointment with a Bankruptcy Attorney
W in the Bankruptcy Alphabet stands for What you need to bring to an appointment. This is very important. When someone calls my office to set up an appointment, I first discuss their situation generally to see if I can help that person. So, when
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Why the Foreclosure Crisis is Still Dragging Us Down
This article is right on point. The president could have done more to try to stop the rising tide of foreclosures. He didn’t, because it was too risky politically. If he had done more and it worked, we may have been in a totally different
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Bankruptcy Alphabet, V – Very Important Things to Tell your Bankruptcy Attorney
The next letter in the Bankruptcy Alphabet, V, stands for Very important things to tell your bankruptcy attorney. This may sound basic, but many people I meet with have no idea what to tell their attorney in preparation for a possible bankruptcy case. First off,
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Bill Collectors Keep Calling Me and They are Being Nasty- What can I do?
Over all the years I’ve been helping my clients solve their debt problems, the most common complaint I’ve heard is that the bill collectors call non-stop and are mean. This is not new. Most people just throw up their hands and figure that the collectors
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Another Sports Star Bankruptcy- Jose Canseco – What do we learn?
In the world of big name stars and sports heros, there are plenty of stories of them filing for bankruptcy. The latest is the former rookie of the year Jose Canseco. It looks like he was “living large” for too long and had some bad
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