Posted on Tuesday, 10th May 2011 by Nicholas P
Declaring personal bankruptcy is not something to be considered lightly. If you are having financial difficulties that have you considering taking this ultimate step, take a moment to consider some of the fall out from going with this option. Both individuals and businesses are allowed to file for bankruptcy under current laws. In an effort [...]
Posted on Sunday, 24th April 2011 by Gregory T
Your credit score is a helpful number to know before borrowing money and could save you thousands of dollars. However, by the time a consumer decides to consider bankruptcy, late payments and other credit issues have typically made monitoring your credit score irrelevant.
A new lawsuit filed in a California federal court is going after [...]
Tags: Bankruptcy, Credit Score
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Posted on Wednesday, 20th April 2011 by Gregory T
Baseball hotshot, Lenny Dykstra, was arrested in California for reportedly selling $400,000 worth of belongings and trashing his million-dollar mansion after he declared bankruptcy in 2009, the Los Angeles Times reports. He reportedly sold many of the items for cash.
The house the baseball star purchased from hockey great Wayne Gretzky may come with some [...]
Posted on Friday, 11th March 2011 by Gregory T
You might have fought hard to afford your mortgage payments – but most homeowners assume the battle is over when the foreclosure notice comes in the mail.
Not true, say Chicago bankruptcy attorneys. Sure, being this close to losing your house is not a good position to be in. But you do have one more [...]