Under the old bankruptcy laws, most debtors chose between a liquidation proceeding under Chapter 7 of the Bankruptcy Code and a wage-earner repayment plan under Chapter 13. Under the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA), new » Read the rest
It’s a question that has stumped wise men (with overdrawn credit limits) for generations. Do I file for bankruptcy, or do I get debt consolidation loan and spend ten years paying off my debt?
The simple answer is, if » Read the rest
Over the last decade Americans have accumulated excessive amounts of debt. Partially fueled by low interest rates and increased equity on houses due to real estate markets driving prices high up. Excessive spending and no financial responsibility often lead to » Read the rest
Debts, Debts and more Debts? Taken lot of debts…??? Facing problem in managing your monthly payments and you budget? Or facing trouble in getting loans with bad credit?
Here is the solution – Debt Consolidation Loans with bad credit.
Debt » Read the rest
Debt has a way of piling up in a sneaky way. Many consumers think that they are wisely managing their money until the day comes when they realize that they are way too deep in debt. The average U.S. household » Read the rest
People refinance mainly due to debt consolidation only. The equity is used to reduce their monthly payments. Many people are not able to pay their debt repayments in due time. The late fees and other penalties only increase the debt. » Read the rest
After the recent economic depression, credit card has become a part and parcel of everyday life in the U.S. Conversely, credit card companies are incessantly raising the interest rates, lowering spending limits and increasing minimum payments, due to which people » Read the rest
Thomas A. Nanna is a bankruptcy attorney in Tampa Florida. He has extensive bankruptcy experience and appears exclusively in bankruptcy court. Mr. Nanna is Board Certified by the American Board of Certification in consumer bankruptcy law. He is also » Read the rest
Common Questions Asked When Filing Bankruptcy in San Diego – Southern District of California
DISCLAIMER – It should be noted that although bankruptcy is Federal Law there are many distinctions that exist between different states and jurisdictions. Many jurisdictions have » Read the rest
According to the American Bankruptcy Institute, consumer bankruptcy filings for the first half of 2010 reached the highest level since 2005, when the new bankruptcy laws went into effect to stem the tide of filings five years ago.
Overall, consumer
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