HOA Fees and Bankruptcy
A
bankruptcy will eliminate the personal obligation to pay the HOA for those assessments
which came due PRIOR to the Bankruptcy being filed. The lien for the
pre-petition dues remains a valid security interest in the property, despite
the filing of the bankruptcy. After the filing date, the debt...
Read More posted by: on: Mar 27, 2012 @ 09:58
Dangers of using Petition Preparer (non-attorney) to file your bankruptcy
The United States Trustee recently filed a complaint against a non-attorney petition preparer for the negiligent handling of a client's case. The trustee cited the recent increase in pro se filings that have resulted from individuals using a petition preparer to file their case. In United States Tru...
Read More posted by: on: May 17, 2011 @ 12:01
Personal Bankruptcy Filings Increased 17% last year
A growing number of people filed for bankruptcy protection in Colorado in 2010, while the number businesses filing bankruptcy declined for the first time in four years.
Rising unemployment rates, heavy consumer debts and a weak housing market all contributed to the number of personal bankr...
Read More posted by: on: Feb 15, 2011 @ 11:58
Why your mortgage servicer will not approve your loan modification request
In the past, a traditional mortgage lender would decide whether to foreclose or restructure a defaulted loan based on a cost-benefit analysis of available options. If the lender stands to make more money by modifying a loan than the lender would make on the home through a foreclosure ...
Read More posted by: on: Dec 22, 2010 @ 11:34
Credit Score Myths
1. Paying Bills on Time Will Improve My Score
"That's definitely a good start, but it's not the only factor. Only 35% of the points on your score are directly tied to whether you're making your payments on time. That leaves 65% of your score that has nothing to do with missed payments.
2....
Read More posted by: on: Nov 12, 2010 @ 11:24
Importance of hiring a law firm for debt settlement
Why choose a Law firm vs. a debt settlement company?
We have all seen the late night commercials or radio adds promising to cut debt by 75%. These companies and their sales representatives have only one thing in mind and that is to earn a commission. Not necessarily having your best interest in m...
Read More posted by: on: Nov 10, 2010 @ 07:07
Debt Settlement
Debt Settlement
There are many commercials from debt settlement companies that promise to settle debts for pennies on the dollar or for low monthly payments. You should be skeptical about these claims. These ads and the national debt settlement companies are harmful to consumers.
&nb...
Read More posted by: on: Oct 28, 2010 @ 11:24
Helpful Tips on Selecting a Bankruptcy Lawyer
NOT ALL BANKRUPTCY ATTORNEYS HAVE ADEQUATE EXPERIENCED
While many attorneys advertise themselves as ‘experienced’ you should ask them how many cases they have actually filed in the last year.
BE CAREFUL OF HIDDEN FEES
Most bankruptcy attorneys will quote you a flat fee for their services and...
Read More posted by: on: Oct 06, 2010 @ 09:35
Don’t Wait For The Eleventh Hour To Hire Your Bankruptcy Lawyer
One of the common
mistakes that many people make when it comes to hiring a bankruptcy lawyer is
to wait until the last moment to retain professional help. The law does not
demand that you hire a Colorado bankruptcy
lawyer or a Denver
bankruptcy attorney. You can file bankruptcy on your own ...
Read More posted by: on: Sep 22, 2010 @ 12:21
Private Student Loans may once again be dischargeable in bankruptcy
Private Student Loans may once again be dischargeable in bankruptcy
On September 16, 2010, the House Judiciary Subcommittee on Commercial and Administrative Law took the first steps in reversing language in the 2005 bankruptcy law related to private student loan debt by approving on a 6-3 party lin...
Read More posted by: on: Sep 16, 2010 @ 01:45
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