Conventional wisdom says that it is nearly impossible to obtain a discharge of student loan debt in bankruptcy. Indeed, Section 523(a)(8) expressly excepts student loans from discharge, unless the exception of such indebtedness from discharge would impose an undue...
Stop Mortgage Fraud 5 Tips to Avoid Being Scammed Don’t pay up-front fees. Foreclosure consultants are prohibited by law from collecting money before services are performed. Don’t ignore letters from your lender or loan servicer. Responding to those...
It has been seven years since the national housing bubble burst, and in that time millions of homes have been repossessed due to foreclosure. California leads the country in that regard. But what your bank doesn’t want you to know is this: you may be able to...
Small business bankruptcy happens. Sometimes small business firms don’t make it. They fail financially for various reasons and find themselves faced with deciding if bankruptcy is necessary. Bankruptcy is a process you go through in federal court that is...
Bankruptcy. A Chapter 7 bankruptcy (liquidation) does not disqualify a borrower from obtaining an FHA-insured mortgage if at least two years have elapsed since the date of the discharge of the bankruptcy. Additionally, the borrower must have re-established good credit...