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Can I Keep My Credit Cards If I File Bankruptcy?

Can I Keep My Credit Cards If I File Bankruptcy?

Can I Keep My Credit Cards If I File Bankruptcy? If you file for Chapter 7 bankruptcy and are hoping to hang onto one of your credit cards, you will likely be out of luck. Once your credit card company learns of your bankruptcy, it will almost certainly cancel your card. But all is not… Continue reading Can I Keep My Credit Cards If I File Bankruptcy?

Bankruptcy Case: Dismissed Without Prejudice

Bankruptcy Case Dismissed Without Prejudice.

Bankruptcy Case: Dismissed Without Prejudice A bankruptcy dismissal happens when something goes wrong and the bankruptcy court rejects your case. There are many reasons this can happen and many consequences. The word “dismiss” shouldn’t be confused with discharge, which is when certain debts are eliminated. Instead, dismissal means that the bankruptcy case has been thrown… Continue reading Bankruptcy Case: Dismissed Without Prejudice

Automobile Repossessions- How To Get Your Car Back

Automobile Repossessions- How To Get Your Car Back

Automobile Repossessions- How To Get Your Car Back Typically, when you purchase a new vehicle you take out a loan to pay for part or all of it. At that time, you signed an agreement with the lender to get a loan which holds you legally accountable for making monthly payments on the vehicle. If… Continue reading Automobile Repossessions- How To Get Your Car Back

Pre-Negotations Of Real Estate Loans

Pre-Negotations Of Real Estate Loans.JPG

Pre-Negotations Of Real Estate Loans A pre-negotiation letter establishes the framework for the parties to discuss either a loan modification, loan workout, or some other option. It is commonly entered into if the borrower requests a loan workout or forbearance following one or more default notices but before the start of formal enforcement proceedings. This… Continue reading Pre-Negotations Of Real Estate Loans