Since filing for bankruptcy protection may shave more than 200 points off your credit score (more if your house was foreclosed on!), it stands to reason that you may not be the picture of a good risk when applying for a mortgage. However, that doesn’t mean you can’t get a loan approved; a good letter……
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Category Archives: Bankruptcy
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6 Signs it’s Time to Consider Filing Bankruptcy
“I’ll get around to it.” You’ve probably said that sentence a time or two in your life. Maybe you’ve even said it about paying your bills. Unfortunately, pushing things aside for later can lead to big problems. Avoiding bills can only last so long before you’re too far behind to catch up on the payments…….
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4 Criteria For Tax Debt To Be Dischargeable Under Bankruptcy
Many people who struggle with their finances and debt also struggle with tax debt. It’s very common for people to turn to bankruptcy as a solution to their tax problems. Although bankruptcy can help with many types of tax issues, it can’t solve all tax debt problems. If you know how bankruptcy works when it……
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What Happens with My Tax Refund If I File for Personal Bankruptcy?
What Happens with My Tax Refund If I File for Personal Bankruptcy? When debt becomes unmanageable, many people wonder where they can turn for help. Filing for bankruptcy can help you discharge certain debts; however, the process itself is anything but simple. A common question we receive is, Can I keep my tax refund after……
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Can Alimony Be Discharged in Bankruptcy in New Jersey?
Can Alimony Be Discharged in Bankruptcy in New Jersey? Bankruptcy provides relief from immediate debt collection and allows you to discharge many outstanding debts. Ordinarily, bankruptcy allows you to discharge debts from credit cards, medical bills, and personal loans. However, bankruptcy will not discharge most legal obligations, including alimony or spousal maintenance. An estimated……
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