Late-Life Bankruptcies

A Growing Safety Net

By James Frego and Glen Turpening

At a Glance

The concept of a late-life bankruptcy is one that attorneys working with older clients need to become familiar with as a way of helping these at-risk individuals. Bankruptcy is becoming a bigger part of the social safety net for senior citizens where the old system of a secure, lifelong income is being replaced by permanent debt relief.
Continue reading…

How to Stop Foreclosure on Your Home

If you fail to make your required mortgage payments, foreclosure may occur. Foreclosure is the legal means that your lender can use to repossess your home. It allows the lender to seize your property, evict you and sell your home, as stipulated in the mortgage contract. If your property is worth less than the total amount you owe on your mortgage loan, a deficiency judgment could be pursued. If that happens, you not only lose your home, you also would owe your lender an additional amount. Both foreclosures and deficiency judgments could seriously affect your ability to qualify for credit in the future. Fortunately, there are steps you can take to stop foreclosure. Continue reading…

What to Look for in a Bankruptcy Lawyer

Bankruptcy lawyers often benefit from a tough economy, but their clients, many of whom know little about the process and have even less time to research it, are usually lost when it comes to seeking the help of an expert. With creditors closing in and desperation and despair mounting, many people foolishly select a bankruptcy lawyer based on price, an advertisement or no criteria at all. Selecting the right person or firm to handle your bankruptcy can mean the difference between an eventual rebound and long-term pain. If you’re considering bankruptcy, here are some things to consider when searching for a bankruptcy lawyer. Continue reading…

Show Buttons
Hide Buttons

Same Day Appointments Available - 800-646-0075