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August 31, 2010
  Strategic Default--Two in Ten Mortgage Defaults are Strategic Defaults
Posted By
According to Experian* strategic defaulters are defined as homeowners who choose to default on a home mortgage loan, once the value of their home dips below the amount due on their home mortgage loan. Another definition from the Wall Street Journal ...
Continue reading "Strategic Default--Two in Ten Mortgage Defaults are Strategic Defaults" »

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August 28, 2010
  When You Can't Pay Your Business Debts: Personal Liability and Bankruptcy Options
Posted By
by Attorney Shannon Miehe (printed with permission) If your business is in the red, take steps to protect your personal assets. If your business is in distress -- you owe a lot of money but you can't pay -- your creditors will probably threaten ...
Continue reading "When You Can't Pay Your Business Debts: Personal Liability and Bankruptcy Options" »

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August 16, 2010
  How Bankrupty Stops Your Creditors: The Automatic Stay
Posted By
How Bankruptcy Stops Your Creditors: The Automatic Stay After you file for bankruptcy, the automatic stay offers potent legal protection against bill collectors. When you file for bankruptcy, something called the automatic stay immediately stops any ...
Continue reading "How Bankrupty Stops Your Creditors: The Automatic Stay" »

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August 09, 2010
  Searching for Credit Cards
Posted By
Obtaining a credit card is one way to reestablish your credit after bankruptcy. Gas credit cards, store credit cards are ways to obtain new credit after bankruptcy. Major credit cards may be harder to obtain. Searching for a major credit card may be ...
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May 30, 2010
  How Do I Prepare For a Bankruptcy Filing--Next Steps
Posted By
You've made the hard decision to prepare to file bankruptcy. What are the next steps?? Obtain your credit report We recommend obtaining a credit report from www.annualcreditreport.com . It is a free credit report and allows you to print reports from ...
Continue reading "How Do I Prepare For a Bankruptcy Filing--Next Steps" »

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May 26, 2010
  Strategic Default--Is It An Option For You?
Posted By
What is strategic default? If you own a house that is now worth far less than what you paid for it, you may consider walking away from your house and mortgage payments. This may be an option for you even if you are presently able to make your ...
Continue reading "Strategic Default--Is It An Option For You? " »

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May 04, 2010
  BANKRUPTCY MYTHS
Posted By Jillian K. Aylward
Most people do not have much information about how the bankruptcy process works. They fear that they will lose all or some of their assets. By discussing the top myths about the bankruptcy process I hope I can help you consider whether bankruptcy ...
Continue reading "BANKRUPTCY MYTHS" »

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May 02, 2010
  Bankruptcy Stops Wage and Bank Garnishments
Posted By Jillian K. Aylward
Filing bankruptcy will stop wage garnishments, even those that have been in process for some period of time. If you are facing a potential wage garnishment bankruptcy is an option. The automatic stay provided by the bankruptcy filing stops all wage ...
Continue reading "Bankruptcy Stops Wage and Bank Garnishments" »

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February 10, 2010
  Welcome to Our Maryland and DC Bankruptcy Blog
Posted By Maryland Bankruptcy Attorney
We are pleased to announce the launch of our bankruptcy blog.
Continue reading "Welcome to Our Maryland and DC Bankruptcy Blog" »

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