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When Should I See a Bankruptcy Lawyer?

Remember that old Master Card commercial? You know the one that went something like this: Your daughter’s dream wedding dress $3,000, securing the perfect venue for the wedding $5,000, feeding over...

Can I avoid foreclosure with a Loan Modification?

When it comes to loan modifications and the Home Affordable Modification Program (HAMP), the old mantra of, “Hope for the best, but prepare for the worse” could not be more true. Unfortunately, for...

How do Debt Settlement Companies work?

Debt settlement companies are smart.  They know your weakness. They know that for the majority of folks out there, filing for bankruptcy is the last thing in the world they would ever consider doing. ...

What is the meeting of creditors?

1. What is the Meeting of Creditors? The Meeting of Creditors, also known as the 341 meeting, is a required hearing that takes place after your bankruptcy case is filed with the court. At this hearing...

Will I lose my house if I file for Bankruptcy?

The short answer is no. The bankruptcy court will not make you give up your house if you file for bankruptcy. If there is little or no equity in your home at the time that you are thinking about...

Bankruptcy Homestead Exemption in Virginia

When comparing bankruptcy exemptions here in Virginia versus those in Washington, DC, I cannot help but think of Charles Dickens’ opening line in his novel, A Tale of Two of Two Cities, “It was the...

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