According to a recent USA TODAY article, many seniors that took out reverse mortgages are now facing foreclosure. This is even more prominent in African American neighborhoods. So, are you in danger? First, you should know what a reverse mortgage is and how it works. So, How Does a Reverse Mortgage Work? A reverse mortgage […]
Credit card debt is a concern for most Americans. Are being sued by a credit card debt? So, what do you do? To avoid receiving a judgment, or legal obligation to pay back a debt, you need to be aware of the following: 1. Do Not Ignore a Summons & Complaint If a lawsuit has […]
Are worried about having your wages garnished? If so, you know that there is never a good time for a wage garnishment. In fact, you are probably concerned about keeping up with your bills and living expenses. You should be aware that there are limits on garnishments. The State of California prohibits creditors from garnishing […]
Were your wages garnished? We meet with many people worried that their wages will be garnished due to debt and EDD overpayments. If you are concerned that your wages may be in jeopardy, you will want to read on: When Does a Wage Garnishment Happen? A wage garnishment from a judgment occurs when an order […]
Are you being contacted or sued by Portfolio Recovery Associates, LLC (PRA)? If so, you are not alone. There are many debt-buying companies out there. Debt buyers purchase delinquent debts to collect money on the debts they purchased in bulk. Other debt buyers that we frequently see are Midland Funding, Cavalry SPV, and Encore Capital […]
Are you concerned that your debt will lead to a wage garnishment? First, you should know that a garnishment of your wages will not happen unless your unsecured creditor receives a judgment from the court. However, this is not the case for IRS debt. So, if you owe the IRS and want more information, click […]
Tax season is here again, so you may be wondering if you can keep your refund in a Chapter 13 Bankruptcy. In most cases, you are required to turn over your tax refund to your Chapter 13 Trustee. However, there are options to keep your refund.
If you are wondering if bankruptcy can stop foreclosure, you are not alone. Fortunately, you have options. The process of foreclosure usually begins after falling behind on mortgage payments. Next, the lender will prepare to sell the home at auction. The money collected through the auction is then applied to the mortgage balance. For more information on the foreclosure timeline, click here.