This article will focus on how individuals can go about rebuilding their credit scores on file with the three national credit-reporting agencies after filing for relief under Chapter 7 or Chapter 13.
Upon the filing of a bankruptcy case, creditors are generally barred from commencing or continuing with any/all legal action against you as result of what is called the "Automatic Stay" of the U.S.
Most of the clients at The Law Offices of Marc G. Alster will feel a sense of relief right after they declare bankruptcy. As long as clients are forthright and candid with all of their financial information which they provide to Mr. Alster
This is one of a series of articles the author is writing concerning both substantive and procedural issues pertaining to individuals (also known as debtors) filing for relief under Chapters 7 and/or 13 of the U.S. Bankruptcy Code.
Deciding to file for bankruptcy can be a difficult decision. The first question you should ask yourself is "Do I need a lawyer to file bankruptcy?" The answer is, you can try it on your own, but it is likely that you will immediately regret this decision.
Homeowners and other real property owners (hereinafter "borrowers") in default on their mortgage payment obligations can represent themselves in connection with the filing of their own home