You’ve been receiving letters from your creditors for a few months. Now your home lender is sending certified mail.

A number of banks are now routinely freezing customers’ bank accounts once they’re notified of a Chapter 7 bankruptcy filing. The most visible if Wells Fargo. Currently, there is litigation pending in the federal courts regarding this practice, but for now it is continuing. The best way for individuals considering filing for chapter 7 bankruptcy [...]

A ‘reaffirmation agreement’ is a term you may have heard while looking into filing bankruptcy or even during an ongoing bankruptcy.  This is a legal term that essentially means you agree to keep paying a debt after your bankruptcy is finalized.  Sometimes this is what you want, as in the case of trying to keep [...]

Should I file for Bankruptcy? In the current economic crisis many families and individuals have experienced significant challenges with their finances. From a lost job, divorce, foreclosure, or unexpected medical bills any number of factors may have caused you to consider bankruptcy in your own circumstances. If you’re asking yourself ‘Should I file for bankruptcy [...]