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Category: bankruptcy_blog

9 Aug, 2019
Reaves & Lee

Foreclosure and Bankruptcy

When you fall too far behind in your home payments, the mortgage lender starts a process called foreclosure. If you default on your loan, the lender can take possession of your home and sell it to get back some of the amount...

2 Aug, 2019
Reaves & Lee

Means Test for Chapter 7 Bankruptcy

If you are behind on your debt and considering bankruptcy, you may want to file Chapter 7 bankruptcy. The means test is a requirement to be able to file chapter 7 bankruptcy as part of the bankruptcy abuse and prevention act...

29 Jul, 2019
Reaves & Lee

Debt Settlement and Bankruptcy

With the increase in consumer debt comes agencies offering to “help.” Debt settlement and debt negotiation firms are aggressively marketed toward the consumer. Some agencies promise to make your debt problems go...

26 Jul, 2019
Reaves & Lee

Bankruptcy and Scams

Unfortunately, people in dire financial situations are targeted by unscrupulous companies and scams. These scammers get your name from the foreclosure records or bankruptcy court records and disturbingly by purchasing lists...