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Dennis Rodman, the infamous NBA star, is going to get no help from the bankruptcy courts in discharging the nearly $100,000 he owes in back child support. Child support and other domestic support payments are two of the few things that are not discharged in a personal bankruptcy When people file bankruptcy, they need to...
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For many Massachusetts home owners, the risk of foreclosure has been daily concern in this weak economy. Although the foreclosure crisis has slowed in Massachusetts over the last year, many will still face this unpleasant reality in 2013. What many people don’t know is filing for bankruptcy can help stop the threat of foreclosure and...
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1.) Don’t lie about assets. Anything in your name needs to be listed with your assets. What’s an asset? Anything you could sell or own according to the law. 2.) Don’t leave out creditors or debts. If you leave out a debt then they can come after you for the money. All creditors must know...
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By Herald Staff In August, lenders completed 566 foreclosures in Massachusetts — the lowest monthly level recorded so far this year, according to real estate industry tracker The Warren Group. The figures mark the third consecutive month of year-over-year foreclosure deed decreases and the lowest number of completed foreclosures in any month since February 2011,...
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You may have your car repossessed or foreclosed on by a creditor if you are unable to keep up with the payments. As a result, the property will be sold by the bank, putting the amount of that sale against the value of the debt. If the debt isn’t covered by this sale, you will...
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Completing a personal bankruptcy checklist prior to filing for bankruptcy can be an overwhelming. Navigating the petition can, however, is made much easier if it’s remembered that the information required in the petition can be divided into several easy-to-understand categories of figures. Assets A debtor’s bankruptcy filing has to list all assets so the extent...
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When debtors realize that they have more debt than income and it begins to feel as if there’s no way out, it’s time to consider financial freedom through personal bankruptcy. There are a lot of different things to consider when filing for bankruptcy, such as the chapter that will help the debtor most and the...
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By Ira Kantor Monday, August 13, 2012 Nationwide bankruptcy filings fell sharply in the first six months of 2012 to 627,000, compared to 725,000 for the same period last year, according to a report issued today by CreditCards.com. In the Bay State, 9,118 people filed for bankruptcy in the first half of 2012, which represents...
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This is great news and every hopes it will continue. If you or a loved one is facing foreclosure or is overwhelmed with debt call the Law Offices of Brian R Lewis. Our experienced bankruptcy lawyers can help you keep our home and get a fresh start. NEW YORK (CNNMoney) — Foreclosure filings nationwide fell...
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This is a great article about a new foreclosure law in the Worchester Telegram & Gazette. If you or a love one is facing foreclosure give the chapter 13 bankruptcy lawyers at the Law Office of Brian R Lewis a call, it could save your home. By Steven H. Foskett Jr. TELEGRAM & GAZETTE STAFF...
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