The outcome of your lifestyle after bankruptcy can go two ways. Bankruptcy is good for some people, giving them a new beginning financially. However, for some, bankruptcy is harmful because they can't get a good interest rate for a home or some big buy. It is important to think about all the ramifications and the various options before making a choice to file bankruptcy in the end. People have debt problems for two major reasons such as poor...more
After bankruptcy the most important thing is to make sure you don't fall into the same financial trap that got you before. Whether you wound up declaring because you went through a divorce, a medical emergency, or your high interest credit cards backed you into a corner there are things you can do now to build up a better defense against financial ruin.One of the first things you'll want to do is build up an emergency fund. There are a lot of...more
A bad credit history is a sure way to paralyze one' s borrowing privileges. The effects ofhaving bad credit have long been established and well-known amongst the masses but sadto say there are times when one is left with no choice but to succumb to it as unforeseencircumstances in relation to money may come every now and then forcing them to use themoney intended to pay bills, credits and mortgages on other matters that require urgentpayment. If things like this happen one could only hope to get the best help that they canget. One could only hope that the credit fix that they pick is the best method that can helpthem get out of bad credit' s strong grip.The good news is that credit scores do not stay still. You may have a very low creditscore as of now but you can do things which can make it soar up high in the next 6months. Effective credit fix after declaring bankruptcy is just like Rome. It can' t bebuilt over night. But if you come to truly think of it, the effort and wait are worth it as itseffects weigh more than the sacrifice.1. Fix your bad credit by getting rid of errors in your credit report. If you are on a creditfix spree, you need to keep your eyes open. Remember that...more
You may have been going through a bad patch recently and have lost the ability to repay all of your debt. While this may seem like a futile situation, law makers have realized that good people sometimes fall into situations out of their control. Folks sometimes need help to get their lives back in order. For this reason bankruptcy law was...more
Are you trying to get a personal loan and you have a bankruptcy on your record from the past? Do you know what your options are when it comes to getting a personal loan after bankruptcy? There are ways to get your loan without much struggle if you know where to go. Here are some options for you.The best option is to actual check with your bank...more
When you file for personal bankruptcy such as a Chapter 7, the courts require that you meet certain income eligibility requirements. If you don't meet these requirements, the judge will rule that you can't file for bankruptcy.The income eligibility...more
If you are seriously considering bankruptcy and you live in Los Angeles, you need to consult with an attorney who understands California bankruptcy laws. Not all bankruptcy attorneys are the same. While the process appears complicated, a Los Angeles...more
If you are seriously considering bankruptcy and you live in Southern California, contact the firm that focuses exclusively on Southern California bankruptcy laws, Borowitz and Clark L.L.P. Not all bankruptcy attorneys are the same. While the process...more
Some people may be too deep in debt for any of the above solutions to realistically work for them. That's when bankruptcy is a good option. If you are seriously considering bankruptcy and you live in Southern California, contact the Los Angeles...more
If you are seriously considering filing for bankruptcy in the Los Angeles area and want to find out more information about bankruptcy exemptions, contact the firm that focuses exclusively on California bankruptcy laws: Borowitz and Clark. Every day,...more
If you are seriously considering filing for bankruptcy in the Los Angeles area and want to find out more about how to protect your investments from creditors, contact the firm that focuses exclusively on California bankruptcy laws: Borowitz and...more