Credit Corp

NOVEMBER 12, 2020

You might have heard that bankruptcy gives you a clean financial slate, but that’s not exactly accurate. For those experiencing serious financial distress, bankruptcy can be a way to eventually restart. Bankruptcy is a negative item that can show up on your report and impact your credit score for years.

Bankruptcy 105

Bankruptcy Chapter 13 bankruptcy Chapter 7 bankruptcy Loans 105

Sawin & Shea

AUGUST 24, 2022

Declaring bankruptcy can be incredibly daunting, but sometimes it’s the best option for moving forward to financial freedom. Although sometimes borrowers can receive a forbearance or work out a repayment plan with their lenders, many are unable to reach this agreement, meaning they’re at risk of losing their homes.

Chapter 13 bankruptcy 105

Chapter 13 bankruptcy Foreclosure Chapter 7 bankruptcy Bankruptcy 105

Debt Free Colorado

DECEMBER 9, 2021

Choosing Between Chapter 7 and 13. Are you considering bankruptcy? Whether it’s Chapter 7 or 13, you have options. Bankruptcy is a challenging, life-altering experience. . Chapters 7 and 13 of the Bankruptcy Code – Awareness. Chapter 7 (Liquidation).

Chapter 13 bankruptcy 75

Chapter 13 bankruptcy Chapter 7 bankruptcy Bankruptcy Unsecured Debt 75

Titan Consulting

AUGUST 23, 2020

Bankruptcy will destroy your credit and remain on your credit report for up to 10 years. You must qualify to file for bankruptcy, and your income must meet an income means test. When government assistance is not providing enough income to cover job losses, should you file for bankruptcy or hold out for the economic recovery?

Chapter 13 bankruptcy 86

Chapter 13 bankruptcy Chapter 7 bankruptcy Bankruptcy Unsecured Debt 86

Sawin & Shea

APRIL 13, 2021

What you will learn from reading this article: Facts about selling your home while going through bankruptcy. Details about Chapter 7 and Chapter 13 Bankruptcies and your house. You will need the advice of an experienced bankruptcy attorney as soon as possible! Chapter 7 Bankruptcy.

Chapter 13 bankruptcy 80

Chapter 13 bankruptcy Chapter 7 bankruptcy Bankruptcy Foreclosure 80

Sawin & Shea

APRIL 6, 2021

Bankruptcy is a smart, legal, and effective way to wipe out a mountain of old debts. There are many reasons why people resist bankruptcy, but some are based on fiction rather than facts. Maybe you’re avoiding bankruptcy merely because of a mistaken impression about it, so let’s clear things up. Assuming It Is Rarely Needed.

Bankruptcy 98

Bankruptcy Chapter 13 bankruptcy Chapter 7 bankruptcy Creditors 98

Sawin & Shea

FEBRUARY 14, 2023

Although bankruptcy is often the only solution to get your finances back in order if you are struggling under mountains of debt, it does show up on your credit report for years, even after the bankruptcy has been discharged. In either case, speaking with a bankruptcy attorney may help.

Bankruptcy 72

Bankruptcy Chapter 7 bankruptcy Chapter 13 bankruptcy Credit Bureau 72

Sawin & Shea

FEBRUARY 8, 2023

Bankruptcy is a great option for many, as it can help people get back on track with their finances. People can discharge their debts via Chapter 7 liquidation or can repay their debts over time through a Chapter 13 repayment plan. Plus, these bankruptcy options also provide protection from creditors.

Bankruptcy 69

Bankruptcy Chapter 7 bankruptcy Collateral Creditworthiness 69

Sawin & Shea

JULY 5, 2023

Declaring Chapter 7 bankruptcy may be the best solution in cases like this. There are effects that should be considered, preferably alongside a bankruptcy attorney. What is Chapter 7 Bankruptcy? Filing for bankruptcy is more common than you might think.

Chapter 7 bankruptcy 52

Chapter 7 bankruptcy Bankruptcy Creditors Collateral 52

Sawin & Shea

APRIL 5, 2023

Filing for Chapter 7 or Chapter 13 bankruptcy is sometimes the best solution for those struggling with overwhelming debt. However, many debtors have questions regarding how filing for bankruptcy impacts child support payments and debts. Can You File Bankruptcy on Child Support?

Bankruptcy 52

Bankruptcy Chapter 7 bankruptcy Chapter 13 bankruptcy Credit Card Debt 52

Sawin & Shea

OCTOBER 25, 2023

If you’ve landed in a fiscal jam, you may wonder if you can file bankruptcy on a timeshare. Declaring bankruptcy will discharge most of your debt, including your timeshare ownership Here is all the info you need on timeshare bankruptcies. In this case, the property will go back to the lender. What Is a Timeshare?

Chapter 13 bankruptcy 52

Chapter 13 bankruptcy Chapter 7 bankruptcy Bankruptcy Foreclosure 52

Sawin & Shea

AUGUST 4, 2021

This is when a lender agrees to take less than the total amount owed on the real estate from the sale. Your lender has to approve the short sale and will require quite a bit of documentation and paperwork from you. Your lender has to approve the short sale and will require quite a bit of documentation and paperwork from you.

Bankruptcy 52

Bankruptcy Chapter 7 bankruptcy Foreclosure Lender 52

Sawin & Shea

SEPTEMBER 13, 2023

When you are struggling to pay your bills, there may come a point where you are faced with deciding between bankruptcy vs foreclosure. If you choose bankruptcy, there are also different options depending on whether you choose a Chapter 13 bankruptcy or a Chapter 7 bankruptcy. What’s the Difference?

Foreclosure 52

Foreclosure Bankruptcy Chapter 7 bankruptcy Chapter 13 bankruptcy 52

Sawin & Shea

JULY 19, 2023

If you find yourself in an untenable financial situation, bankruptcy may be your best option. Chapter 7 bankruptcy , or liquidation bankruptcy, allows you to discharge all or most of your debt. Chapter 7 bankruptcy also stops lawsuits and wage garnishments. There are many considerations.

Chapter 13 bankruptcy 52

Chapter 13 bankruptcy Chapter 7 bankruptcy Bankruptcy Garnishment 52

Sawin & Shea

MAY 2, 2024

If you’re struggling with overwhelming debt, you may be wondering if bankruptcy is the right solution for your financial situation. One of the most common questions people have is “How Much Debt is Needed to File for Bankruptcy?” However, that doesn’t mean bankruptcy is the best option for everyone with debt.

Bankruptcy 52

Bankruptcy Chapter 7 bankruptcy Chapter 13 bankruptcy Unsecured Debt 52

Roths Child Law

OCTOBER 18, 2021

Filing for bankruptcy is a serious decision that can have far-reaching consequences to your life, even years down the line. . As you are likely aware, there are two types of bankruptcy that consumers can choose to file. There's Chapter 7 bankruptcy, which involves the liquidation of some of your assets.

Chapter 13 bankruptcy 52

Chapter 13 bankruptcy Chapter 7 bankruptcy Bankruptcy Debtor 52

Sawin & Shea

APRIL 10, 2024

Chapter 7 bankruptcy is a great financial solution for those struggling with debt, especially unsecured debts. With Chapter 7 bankruptcy, you as the debtor can discharge most unsecured obligations after liquidating nonexempt assets. What Is Chapter 7 Bankruptcy?

Chapter 7 bankruptcy 52

Chapter 7 bankruptcy Bankruptcy Debtor Unsecured Creditor 52

Sawin & Shea

MAY 8, 2024

However, dealing with financial hardships like bankruptcy can make that dream seem out of reach. But, Can You Buy a House After Chapter 7 with a Co-Signer? If you’ve gone through a Chapter 7 bankruptcy , you may be wondering if homeownership is still possible for you, especially if your credit has taken a major hit.

Chapter 7 bankruptcy 52

Chapter 7 bankruptcy Bankruptcy Lender Loans 52

Debt Free Colorado

DECEMBER 23, 2024

Creating a Life Free From the Burden of Unpaid Debt Bankruptcy can be a way out for many people struggling with debt. Understanding what debts bankruptcy can eliminate is important. In this article, we will explore the types of unsecured debts that bankruptcy can erase. Some debts stay with you even after bankruptcy.

Unsecured Debt 52

Unsecured Debt Bankruptcy Chapter 7 bankruptcy Chapter 13 bankruptcy 52

Roths Child Law

JANUARY 23, 2023

Getting your financial health back on track by filing for bankruptcy is possible. If you need a personal loan after filing for bankruptcy , it may be approved. The amount of time it will take to get the loan depends on the type of bankruptcy you choose and how long it has been since you filed.

Chapter 13 bankruptcy 52

Chapter 13 bankruptcy Bankruptcy Chapter 7 bankruptcy Loans 52

Sawin & Shea

JULY 13, 2022

The majority of people in Indiana who have thought about declaring bankruptcy likely already know how challenging it is to get student loans erased. As a result, the majority of debtors who file for Chapter 7 bankruptcy do not get their college loans dismissed. Understanding Federal Loans and Private Loans.

Student loans 52

Student loans Student Loans Bankruptcy Chapter 7 bankruptcy 52

Sawin & Shea

MARCH 6, 2024

Two of the most common options for dealing with unmanageable debt are filing for bankruptcy and pursuing debt consolidation. Bankruptcy and debt consolidation are distinct solutions, each with advantages and potential drawbacks. You still owe everything you owed before– you just have a new lender to repay.

Debt Consolidation 52

Debt Consolidation Bankruptcy Chapter 13 bankruptcy Chapter 7 bankruptcy 52

Fraser

JUNE 25, 2020

It should come as no surprise, therefore, that the economic downturn has led to a surge in corporate bankruptcy filings. According to data from Epiq Global, 722 companies sought bankruptcy protection around the U.S. For creditors to maximize their recoveries, they must stay informed and take action during a bankruptcy proceeding.

Creditors 72

Creditors Bankruptcy Unsecured Creditor Debtor 72

Sawin & Shea

JUNE 28, 2023

People file for bankruptcy for any number of reasons, from sky-high medical expenses to loss of income and the inability to make their mortgage payments each month. But filing for bankruptcy isn’t a shameful or immoral act. In some cases, people have spent beyond their means, and now it’s time to repay their debts.

Bankruptcy 52

Bankruptcy Chapter 7 bankruptcy Creditors Garnishment 52

Credit Corp

FEBRUARY 23, 2024

Getting back on your feet after bankruptcy can be a gradual process, but it doesn’t mean you have to give up on your dream of buying a home. In fact, buying a house is possible just a couple of years after you file for bankruptcy. Read on to learn more about buying a house after bankruptcy.

Bankruptcy 52

Bankruptcy Chapter 13 bankruptcy Chapter 7 bankruptcy Loans 52

Sawin & Shea

APRIL 19, 2023

You’ll also learn how bankruptcy can help if you do find yourself in an untenable financial situation. Lenders rarely check your credit, which means you can get a payday loan even if your credit is subpar. If the lender reports the default to your credit company, it can lower your credit score. What Is a Payday Loan?

Bankruptcy 52

Bankruptcy Loans Chapter 13 bankruptcy Chapter 7 bankruptcy 52

Sawin & Shea

MARCH 13, 2024

If you’re considering bankruptcy, you may wonder which filing type is right for you. The two basic types of bankruptcy classifications for individuals and families are Chapter 7 and Chapter 13. Have additional questions regarding bankruptcy or reaffirming secured debts? 13, the differences between Ch.

Chapter 7 bankruptcy 52

Chapter 7 bankruptcy Chapter 13 bankruptcy Bankruptcy Collateral 52

Debt Free Colorado

MARCH 10, 2023

Learn about the Five Bankruptcy Myths in Littleton, Colorado Due to worries stoked by myths and misconceptions about bankruptcy, many people choose not to obtain debt relief. Truth be told, declaring bankruptcy may be one of the best decisions you’ve ever made for your present, future, and family.

Bankruptcy 52

Bankruptcy Chapter 13 bankruptcy Chapter 7 bankruptcy Debtor 52

Sawin & Shea

OCTOBER 4, 2023

One of the most common questions from those who file for Chapter 7 or Chapter 13 bankruptcy is, “Can I buy a house after bankruptcy?” and “After bankruptcy discharge, when can I buy a house?” In short, yes, you will be able to purchase a home after bankruptcy. Read on to learn more. It’s also common!

Chapter 13 bankruptcy 52

Chapter 13 bankruptcy Bankruptcy Chapter 7 bankruptcy Loans 52

Sawin & Shea

APRIL 17, 2024

Chapter 13 bankruptcy is an invaluable financial tool for those struggling with overwhelming debt, and it can pave the way for a fresh start. Unlike Chapter 7 , Chapter 13 bankruptcy allows you to avoid liquidating your non-exempt assets. What Is a Chapter 13 Bankruptcy Filing?

Chapter 13 bankruptcy 52

Chapter 13 bankruptcy Chapter 7 bankruptcy Bankruptcy Unsecured Debt 52

Sawin & Shea

JUNE 7, 2023

If you have a co-signer associated with your debt or if you are a co-signer, you need to be aware of how financial liability works and what happens when the primary debtor declares bankruptcy. Fortunately, in this blog, we’ll unpack cosigner responsibilities when it comes to bankruptcy and debt.

Chapter 13 bankruptcy 52

Chapter 13 bankruptcy Chapter 7 bankruptcy Bankruptcy Personal loans 52

Debt Free Colorado

MARCH 3, 2023

Find Out the 10 Common Questions About Bankruptcy with Colorado Bankruptcy Lawyers. The decision to file for bankruptcy is a significant one, and we are here to assist you in determining whether bankruptcy is the best course of action for your circumstances. Do bankruptcies come in different types?

Bankruptcy 52

Bankruptcy Chapter 13 bankruptcy Credit Counselor Chapter 7 bankruptcy 52

Debt Free Colorado

APRIL 9, 2020

Many creditors such as mortgage servicers, auto lenders, and credit card companies are offering assistance to individuals financially affected by the pandemic. Unlike mortgage lenders, most landlords are simply not in a financial position to weather the loss of rental income due to the high expenses associated with the rental property itself.

Student loans 81

Student loans Student Loans Chapter 13 bankruptcy Chapter 7 bankruptcy 81

Sawin & Shea

MAY 26, 2020

Hi, I’m Andrew Sawin, an attorney at Sawin and Shea Bankruptcy Law Office. I know currently with this current COVID-19 crisis, many car lenders have voluntarily suspended repossessions. The first thing you might want to do is talk to your lender. Transcript. I’m here to talk to you today about repossessions.

Repossession 52

Repossession Chapter 13 bankruptcy Chapter 7 bankruptcy Bankruptcy 52

Sawin & Shea

APRIL 26, 2023

Even after a law was passed in 2018 to prohibit creditors from reporting liens to credit bureaus , lenders can still search for judgments using public records, making it harder to get a job or a loan. If that’s not possible for you, another option is to avoid it through Chapter 7 or Chapter 13 bankruptcy court.

Judgment 52

Judgment Chapter 13 bankruptcy Chapter 7 bankruptcy Bankruptcy 52

Sawin & Shea

APRIL 12, 2023

So should you pay back your family and friends before filing for bankruptcy? There are no advantages to repaying family or friends within a certain time period before filing for bankruptcy. What is the Difference Between Chapter 7 and Chapter 13? The shortest answer to this question is no.

Bankruptcy 52

Bankruptcy Chapter 13 bankruptcy Chapter 7 bankruptcy Unsecured Debt 52

Debt Free Colorado

NOVEMBER 2, 2016

How Does a Bankruptcy Affect my Credit Score? If you’ve been doing a great job making payments on your debts, bankruptcy will have a significant impact on your credit score in the short term. The average credit score before someone filed Chapter 7 was 538.2 How Long Does Bankruptcy Stay on my Credit Report?

Bankruptcy 40

Bankruptcy Chapter 13 bankruptcy Chapter 7 bankruptcy Lawyers 40