Strip A Second Mortgage In Bankruptcy

2020-02-03T13:27:33+00:00July 11th, 2013|

If you are filing for Chapter 13 bankruptcy and have a second mortgage, you may be able to “strip down” or “cram down” your second mortgage in something commonly referred to as “lien stripping.” If the value of your home [...]

Drowning In Medical Debt? Know Your Rights In Collections

2022-01-27T15:46:29+00:00July 10th, 2013|

As we discussed in our last post, more Americans file for consumer bankruptcy over insurmountable medical bills than any other reason. Of course, many people who can’t afford to pay their medical bills don’t end up filing for bankruptcy, which means there are [...]

Report: Payday Loans Triggered $169 Million In Chapter 13 Filings

2022-01-27T15:35:17+00:00May 6th, 2013|

Using public data from the Consumer Financial Protection Bureau, a recent report by the Insight Center for Community Economic Development determined that the high fees and harsh contract terms for payday loans pushed so many people into Chapter 13 bankruptcy in 2011 [...]

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