We have said many times that bankruptcy is not just for people who are over their heads in credit card debt or who face underwater mortgages. Even the seemingly financially secure, the most awarded, can find themselves drowning in debt.Shortly after the Olympics, we...
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Month: September 2012
Obtaining a Home Mortgage After Bankruptcy
On Behalf of Pelley Law Office LLP | Sep 17, 2012 | Bankruptcy
Last week, there was a piece in the New York Time's real estate section about "Life After Bankruptcy." The piece offered valuable information about bankruptcy and mortgages to people considering whether to file bankruptcy. For example, the article discussed how it...
Key things to know about Chapter 13 bankruptcy
On Behalf of Pelley Law Office LLP | Sep 4, 2012 | Chapter 13 Bankruptcy
Most people who look at Chapter 13 bankruptcy as an option have either found out they do not qualify for Chapter 7 bankruptcy or would like to find ways to keep assets that would otherwise be discharged through a Chapter 7. When you are considering filing for Chapter...
Key things to know about Chapter 7 bankruptcy
On Behalf of Pelley Law Office LLP | Sep 4, 2012 | Chapter 7 Bankruptcy
When you file for bankruptcy, you are looking for relief from stress; the last thing you want is more of it. You may be worried that the bankruptcy process will be challenging. You may be unsure of what it involves. The right bankruptcy lawyer, however, will take the...