Author: DebtStoppers - page 6

Under Michigan law, creditors and debt collectors are prohibited from engaging in any behaviour that would have the effect of harassing, oppressing or abusing an individual who owes or has owed money to the creditor…

Foreclosure! Foreclosure is a scary word with scary consequences. A foreclosure occurs, when the bank or your mortgage lender decides to take back possession of the property they are financing due to you, the borrower, defaulting on your mortgage payments…

Many people who could benefit from the debt protections offered by bankruptcy are afraid to file due to common misconceptions about the process. One of the most widespread misunderstandings is the idea that you will lose everything you own if you file for bankruptcy. The truth is, you…

If you, like many others, are experiencing financial hardship and have defaulted on your auto loan, it is likely that your car will be repossessed. Repossession occurs when the lender reclaims a financed motor vehicle …

With the right legal team on your side, filing for bankruptcy in California is no longer a rigorous and complicated process. The initial step, and perhaps the most important, is to determine which chapter …

When your family is suffering from debt and financial struggles, it can feel like they will never end. The fear of losing your home, car, or job can be overwhelming. While many families view bankruptcy as a last resort to get relief from the crippling weight of their debts…

When your family is suffering from debt and financial struggles, it can feel like they will never end. The fear of losing your home, car, or job can be overwhelming. While many families view bankruptcy as a last resort to get relief from the crippling weight of their debts…

You may have heard that you can file for bankruptcy more than once in Michigan. This is true, but only under certain circumstances. People who have already filed for bankruptcy in Michigan may be able to do it again, but only if a sufficient amount of…

If you're considering bankruptcy, you may be wondering what it will mean for your finances. How will it impact my spouse? Will it affect my credit score? And will I lose everything if I file? The good news is that, despite what many people think, filing won't ruin your life. In fact, many people don't have to give up any of their assets. As long as you can meet the qualifications and follow the necessary steps…

Typically, when you file for Chapter 13 bankruptcy in Georgia, your secured creditors must agree to the reorganization plan. However, an allowance in Georgia bankruptcy law called "cram down" permits you to discharge the unsecured parts of secured debts such as auto loans without the creditor’s approval…