Lenders are now offering short sales as a foreclosure alternative in today’s real estate market. While short sales can benefit both the distressed seller and the lender, they do come with some ill effects for others....
For most people, the potential for loss of assets is a deterrent from entering the bankruptcy process. Luckily, there is very little actual threat in the way of asset liquidation in most bankruptcy cases. Why? The bankruptcy...
Many Dallas bankruptcy cases arise due to overwhelming medical debts. As the cost of medical care rises, so does the rate of default. Although suffering an illness or injury requiring medical attention can’t be avoided,...
Although tax season is well behind us, tax debt collection season is just gearing up. By now, the IRS has reviewed taxes thoroughly and is beginning to send out tax debt notices to taxpayers with liabilities. If you have...
San Bernardino is just one of California’s cities struggling with debt in a turbulent economy. Having filed for Chapter 11 bankruptcy early last month, the city recently made some important decisions in their debt...
