Archives for Bankruptcy and Foreclosure Questions and Answers

What to do if Bank Won’t take Foreclosed Property Back?

December 30, 2013

Here is another question: The Bank foreclosed but didn’t take the property and canceled auction on property and started sending me monthly statements. I don’t want the property and told them that, but they told me I can move back in; they stopped paying property
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Is it Worth it to Defend a Debt Collection Case?

December 21, 2013

Here is another very important question.  You think you have some defenses to the collection case brought against you.  You want to try to reach a settlement or pay ment plan, but the other side is being unreasonable.  Is it worth the time, and money
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How Young is Too Young to file Bankruptcy?

December 21, 2013

Here is another good question:  I’m 24, should I file Bankruptcy  I have more debt than I can even keep straight. I have a car due for repossession. I have city tickets to pay. There are countless debts. I need to know if it is
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Can creditors go after a veterans disability check?

December 21, 2013

Here is another great question that came in recently:  Can creditors go after a VA disability check? Generally, certain types of income are protected or “exempt” from bill collectors, such as social security and disability payments. Each state’s exemptions are a bit different, In Illinois,
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5 Bills to Be Sure to Pay if You Run Short of Money Each Month

December 4, 2013

Sometimes, when I see people, they are already in “survival mode”. They have cut all of the unnecessary expenses, such as landline phone, cable TV, newspaper subscriptions, etc. But, when your hours are cut, or you have extreme medical bills, or are laid off, you
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