Chapter 7 Bankruptcy Impact On Credit

Many bankruptcy attorneys find this question very interesting. The credit scoring model is still somewhat inconsistent regarding bankruptcy or other events that should negatively impact your credit score. Although I am not a credit score expert, I do understand what...

What to do When a Tenant Files Bankruptcy

Bankruptcy Basics The legal position of landlords and tenants is best understood when basic principles of bankruptcy are known. Bankruptcy chapters-Tenants in business file bankruptcy petitions under either Chapter 7 or Chapter 11. When a business files for a Chapter...

Surviving Emotional Toll of Bankruptcy

Maybe money can’t provide happiness, but it can certainly inspire negative emotions, including sadness, grief, and shame. Those are just a few feelings people may experience when they claim bankruptcy. Chapter 7, the most common form of consumer bankruptcy in...

Bankruptcy Myths Debunked

Nadya Suleman (known to gossip magazines as “Octomom”) recently filed for Chapter 7 bankruptcy after accumulating roughly $1 million in debt. Tabloids and gossip blogs have criticized Suleman’s spending and lifestyle, but she’s far from alone...

Bank of America Defrauding Millions of Homeowners

Did Bank of America enrich itself by defrauding potentially millions of homeowners who requested loan modifications under the 2009 Home Affordable Modification Program, or HAMP? Yes, or at least that’s what six of its former employees are claiming in a class...

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Chapter 7, 11, and 13 Bankruptcies

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