GOLDBACH LAW BLOG
Learn more about bankruptcy law, debt collection, and more. Free tips and checklists to help you better plan and manage your bankruptcy decision.
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 in her financial woes....
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 action...
How Do I Declare Bankruptcy to Stop Foreclosure?
Given a choice between losing their house and bankruptcy, many people choose bankruptcy. By filing for bankruptcy, homeowners can put an automatic stay on foreclosure proceedings against them and postpone the foreclosure sale possibly for months, Goldbach Law Group...
Will I Lose My House If I Declare Personal Bankruptcy?
Bankruptcy can be an unsettling experience for those who find themselves deep in debt. The process is designed to help people keep as much of their property as possible while repaying as much of their debts as possible. One key part of the bankruptcy process is what...
California Bankruptcy Issues
Under federal law, you have the right to bankruptcy protection if you are deeply in debt. Filing gives you breathing room to fix your finances, though bankruptcy can make it harder to get credit for up to a decade. Often, that won't matter because if you're struggling...
Foreclosure and Bankruptcy
The current financial market has seen foreclosures on the rise continually for months. Whether you are suffering from increased interest rates, falling home value, or a sudden loss of employment, the reality of foreclosure is a stressful one for all those involved....
There is Definitely Life After Bankruptcy
Once your California bankruptcy is discharged, you may wonder how long it will take you to get back on your feet financially. The answer to that question depends a great deal about how much effort you are willing to put into being financially responsible and...
Loan Modification Blunders
The modification processing problem is rampant and we see it with our clients far too often. This is one of the reasons why I believe the best way to deal with the mortgage crisis is through the bankruptcy courts. Congress should allow bankruptcy judges to reduce the...
Foreclosure Litigation Strategies
At Goldbach Law Group, our staff is dedicated to advocating the latest, up-to-date foreclosure litigation strategies, which are especially critical in this rapidly developing and evolving area of law. We utilize an aggressive foreclosure litigation approach that...