If you are behind on a car loan or home mortgage and you can afford to catch up, you can reaffirm and possibly keep your car or home. If you choose to reaffirm a loan, you agree to be legally obligated to pay the loan, despite filing bankruptcy. If the lender agrees to give you…Read more
Thinking About Lying on Your Bankruptcy Petition? Bad Idea.
I’d never condemn someone for lying. Perhaps there is someone out there who has never lied, never told an untruth. But I haven’t met that person. Let me be clear, however. I don’t condone lying. But I can understand why someone would. And I will give a person who asks me if he should lie…Read more
Top 10 Bankruptcy Myths
Ever hear the phrase, “possession is 9/10ths of the law”? Me too. A zillion times. But I have no idea where it came from. Just like the “one phone call” rule you see in all of the cop shows. These are just two of the myths about the law that are perpetuated, often by Hollywood.…Read more
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