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Bankruptcy Law | Legacy April 26, 2012
Credit Counseling Required 6 Months Before Filing Bankruptcy
Brandon, FL (Law Firm Newswire) April 26, 2012 – To protect creditors from bankruptcy abuse, it is mandatory for people going into bankruptcy to go through credit counseling about six months before filing. The credit counseling has to be valid…
Bankruptcy Law | Legacy April 25, 2012
Debtors With New Credit Cards Prior to Filing Must Use Them With Caution Says Iowa Bankruptcy Lawyer
Des Moines, IA (Law Firm Newswire) April 25, 2012 – New credit cards are tempting to use before filing for bankruptcy. This is not a wise plan. If an individual is facing a bankruptcy, and also received a new credit…
Bankruptcy Law | Legacy April 10, 2012
Iowa Bankruptcy Lawyers Indicate It is Possible to File for Bankruptcy Multiple Times
Des Moines, IA (Law Firm Newswire) April 10, 2012 – Declaring bankruptcy is not an easy decision. However, it does not carry the same stigma as it once did. Filing bankruptcy allows a debtor to start their lives over again,…
Bankruptcy Law | Legacy March 30, 2012
Iowa Bankruptcy Lawyer Indicates Debtors Must Reaffirm Vehicle Debt if They Expect to Keep It
Des Moines, IA (Law Firm Newswire) March 30, 2012 – A debtor has to reaffirm their vehicle if they wish to keep it. This is in spite of being current on all payments. There is a new law relating to…
Bankruptcy Law | Legacy March 14, 2012
It is not a Good Idea to Tell a Creditor About Filing Bankruptcy Notes Iowa Bankruptcy Lawyer
Des Moines, IA (Law Firm Newswire) March 14, 2012 – Some debtors immediately tell their creditors they are declaring bankruptcy. This is not always a wise move. It is very tempting to tell a persistent and irritating creditor that there…
Bankruptcy Law | Legacy February 29, 2012
Bankruptcy Still an Option as Florida Mediation Program Fails
Brandon, FL (Law Firm Newswire) February 29, 2012 – The Florida Supreme Court recently abandoned its efforts at a statewide mediation program for residential foreclosure cases. Lack of participation and low rates of loan modification meant the program was seen…