Are being sued by a credit card debt? If so, what do you do? 1. Do Not Ignore a Summons & Complaint If a lawsuit has been filed against you for a debt, you need to respond. This is a serious matter. If you do nothing, you run the risk of receiving wage garnishment, lien, [...]
Most people who have arrears on their mortgage payments want to save their home and if you have equity in your home then you should consider a Chapter 13. The bankruptcy discharge eliminates your personal liability for the mortgage, however it does not remove the lien that secures the mortgage. Even after filing bankruptcy, the […]
What is a foreclosure? A foreclosure occurs when you fall behind on your mortgage loan payments. If you have enough money to make the mortgage current and make up the back payments, fees, penalties, then you can take action to stop the foreclosure process. Once the money is accepted by the bank, the foreclosure […]
Unfortunately, the costs of living and average household debt are ever-increasing. This makes foreclosure a reality for many Americans. Do you currently live in Southern California? Are you wondering if bankruptcy can stop foreclosure in Pasadena, CA? This is a common concern and one that fortunately, has a very inspiring answer. Residents of Pasadena, California […]
