If your house is to be foreclosed and there is a pending Trustee Sale date, a very powerful way to stop it is by filing bankruptcy. You need to file it before the Trustee Sale date if you want to keep your house.
Question: What is the best Chapter in bankruptcy should I file?
Answer: If you [...]

If you are near your retirement age, you must act now or else you will find yourself miserable during your “golden years” or retirement period. Bankruptcy is a great financial planning tool for those who are within seven years from retirement. You must prepare a financial plan for a debt free retirement so [...]

If your house is to be foreclosed and there is a pending Trustee Sale date, a very powerful way to stop it is by filing bankruptcy. You need to file it before the Trustee Sale date if you want to keep your house.
Question: What is the best Chapter in bankruptcy should I file?
Answer: If you want [...]

Question: Under the U. S. Immigration laws a waiver of misrepresentation may be granted if the applicant has a parent, spouse, son or daughter who is a U. S. citizen or lawful permanent resident. What happens to an alien in removal proceedings if the U.S. citizen parent dies?
Answer: Beforehand, the Board of Immigration Appeals interpreted this [...]

If you obtained an immigrant visa as single son or daughter of a Lawful Permanent Resident or a U. S. citizen but you are actually married at the time of your entry to the U. S., you committed a misrepresentation of material fact in obtaining a visa because you did not disclose your marital status [...]

Many people are afraid of filing bankruptcy because they have substantial money in their 401(K) that they do not want to be taken by the Trustee. They should not be fearful because based on Federal law the entire amount in a person’s 401(K) is exempt from bankruptcy whether they file Chapter 7 or Chapter [...]

The most common question of homeowners if they have a residence that is underwater is “Should I pay my second mortgage?” To illustrate, assume that Juan and Maria bought a house in 2006 worth $500,000 with a financing of 80/20 or a first loan of $400,000 and a second loan of $100,000. The [...]

If your house is to be foreclosed and there is a pending Trustee Sale date, a very powerful way to stop it is by filing bankruptcy. You need to file it before the Trustee Sale date if you want to keep your house.
Question: What is the best Chapter in bankruptcy should I file?
Answer: If you want [...]

The stock market crashed again last week to a low level since 2008. According to many economists, the next recession or great depression will be very painful and worldwide. Consider the following events:
1. The U.S. national debt of $14 Trillion is equal to 100% of our gross domestic product. The U. S. economy [...]

If you received Form 1099c from your lender because of foreclosure, short sale, loan modification or debt settlement, the general rule is it is a reportable income. There are however few exceptions that may apply. The exceptions are Home Affordable Loan Modification Program reduction of debt on principal residence. The other exceptions [...]