by Simon Schelding
Chapter 7 usually discharges more debts than other types of bankruptcy in accordance with chapter 7 bankruptcy laws. That means lots of debts are forgiven when a person files chapter 7 bankruptcy and creditors are forbidden from taking further collection actions against the debtors. However, the chapter 7 ...
Most Recent Articles For: Bankruptcy
Written by Shelby Riddenbach on October 13th, 2008
Written by Gary Pearson on October 5th, 2008
by Gary Pearson
Those with debt problems too often subscribe to groundless myths and hearsay without ever understanding the law, and therefore the implications, of bankruptcy. Therefore, those with unmanageable debt should be aware of a few key facts before filing for bankruptcy. After all, how else will they ...
Written by Fred Hollister on October 3rd, 2008
by Ned Shermin
A bankruptcy FAQ is very useful for someone thinking of filing bankruptcy. A bankruptcy FAQ often starts with the most common questions about bankruptcy that most people in financial trouble ask. Basic information is included such as how to file bankruptcy or how to choose ...
Written by Doris Goodbody on September 28th, 2008
by Doris Goodbody
It didn't matter what unit I worked on. Whether it was on the floor as a tech or in the intensive care unit as a registered nurse, I have seen a lot in my career. And as you might expect the patients I cared for were ...
Written by Dan Gibson on September 25th, 2008
by Dan Gibson
We have all heard about the problems in the banking industry, but has it really bothered anyone? Nope. At least until September 15, 2008 when two of the pillars of the financial world faded into oblivion and raised questions about the mortgage market as a whole.
The failure of ...
Written by Rob Kosberg on September 17th, 2008
by Rob Kosberg
When home sellers accept a contract on MLS-listed property, the property's official status changes from "Active" to "Pending". By measuring the number of "Pending" homes nationwide, the National Association of Realtors publishes its once-monthly Pending Homes Sales Index.
The NAR assumes that 75%-80% of all homes pending will close ...
Written by Gibson Maseko on September 13th, 2008
by Gibson Maseko
Some people, when faced with the choice between foreclosure and bankruptcy, are not sure which is the right one to choose. Few people realize how difficult the choice is to make, or recognize that the decision is not an either/or one.
Paying the lender is the only true way ...