Bankruptcy Information

What Would Happen If Countrywide Files Bankruptcy In The Middle Of Our Refinance?

July 12, 2010
By ayb

We have our 1st mortgage w/them and are about to refinance at a better rate in the next 30 days. Rumors are going around they are about to declare bankruptcy.
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The 4 Must Know Bankruptcy FAQs

March 20, 2010
By ayb

After spending 15 years as a Missouri and Illinois Bankruptcy attorney and helping 30,000 families, I’ve learned that people often have the same concerns when it comes to their Chapter 7 or Chapter 13 bankruptcy. So, I’ve put together a list of my most frequently asked questions about bankruptcy. Q: If I file for...
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Is it Hard to Find a Job after Chapter 7 or Chapter 13 Bankruptcy?

March 7, 2010
By ayb

Filing for chapter 7 or chapter 13 bankruptcy is certainly a move in the right direction if you are under overwhelming amounts of debt but you must make sure that you don’t file right back into debt. The best way to get back on your feet is to make sure that you have a...
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Do I Really Have to Face My Creditors in Missouri or Illinois Chapter 7 Bankruptcy?

March 5, 2010
By ayb

When you are suffering under crushing amounts of debt, nothing sounds quite as scary as having to sit in a room with all of your creditors at once. Luckily, that picture is not exactly a reality. When filing a chapter 7 bankruptcy in Missouri and Illinois, you must attend a 341 meeting (a.k.a. creditors’...
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What Are the Secrets to Opening a Checking or Savings Account after Missouri or Illinois Bankruptcy?

March 1, 2010
By ayb

Not only can you open a checking or savings account after Chapter 7 or Chapter 13 bankruptcy, but it is the best thing you can do to start rebuilding your credit. The many myths that circulate about bankruptcy make some believe that they cannot open a post-bankruptcy bank account but that is simply untrue....
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How Soon After Bankruptcy Can You Rent An Apartment?

February 28, 2010
By ayb

I am thinking about moving to Virginia. How long after bankruptcy discharge do you need to wait to rent an apartment? Does anybody know someone who places property for rent in Hampton Roads area of Virginia?
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What Exactly Does Bankruptcy Charge Off Like Traffic Or Court Fines?

February 28, 2010
By ayb

I live in CA and owe almost $5,000 in traffic tickets and fines. My license was suspended and I REALLY need it back. If I file bankruptcy will it clear the fines off so I can get my license back?
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What Is The Consequence Of Filing Bankruptcy Protection To Avoid Harassment From Creditors?

February 26, 2010
By ayb

believe it or not, i just cannot find any job. I have hunted for job a lot but there is no luck. Now i’m being frustrated by creditors who call 40 times a day. So to get rid of such harassment, i decided to file bankruptcy protection. What will be the consequence of filing...
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What Is The Bankruptcy Court Admissibility Of A Credit Application If There Is No Date On The Application?

February 25, 2010
By ayb

I may have to file bankruptcy and my credit application has an overstatement of assets. There was no fraud intended and I do have net assets of the amount stated. However, there is no date on the application. Can it be thrown out?
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How Long After Bankruptcy Can My Credit Be Good Enough To Get An Apartment Or A Loan For A Home?

February 23, 2010
By ayb

My wife and I make enough money to afford an apartment or a modest house. However, both of our credit records are poor. So we were told to file bankruptcy. We just need to know how long we will have to wait to get an apartment, since they ALL require credit reports.
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