Getting into a difficult financial situation is hard for anyone, but it’s harder for someone who’s already filed for bankruptcy. There are no clear restrictions about the number of bankruptcy cases that you are eligible to file unless a bankruptcy court issues orders stating otherwise. However, you might need to wait a certain period of……
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Category Archives: Bankruptcy
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I’m Facing Foreclosure. Can I Use Bankruptcy?
The potential loss of your home may present a situation that is so difficult that you do not know what to do next. If you are already in foreclosure and are considering bankruptcy, you likely have many different concerns on your mind. You may be wondering whether or not the lender may still be able……
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Bankruptcy & Taxes
Filing for bankruptcy can be a daunting and overwhelming process, especially when it comes to dealing with taxes. If you are considering filing for bankruptcy or are already in the process, it is important to understand how bankruptcy can impact your taxes. Bankruptcy and Taxes When you file for bankruptcy, your assets and liabilities……
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Getting a Mortgage After Bankruptcy: The Letter that May Make the Difference
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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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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