by Chris Ebert | Apr 18, 2012 | General
When you see a restaurant commercial, the “special price” never includes tax and tip. When you see unemployment figures, the totals never include underemployed and discouraged workers. When you see foreclosure statistics, the figures never include homes which are...
by Chris Ebert | Apr 18, 2012 | General
The conventional wisdom is that paying down your debt is a good idea all of the time. In fact, paying down debt is only a good idea some of the time. Before you commit your hard-earned cash to debt reduction, ask yourself a few questions: 1. Have I considered...
by Chris Ebert | Apr 15, 2012 | General
1. Foreclosure In May 2012 hundreds of homeowners stand to lose their homes to foreclosure in Dallas County. Bankruptcy can stop that foreclosure the moment the voluntary petition is filed. A Chapter 13 bankruptcy can stop the foreclosure process for up to five...
by Chris Ebert | Apr 15, 2012 | General
In 2011 there were nearly one million applications for bankruptcy protection. Yet the notion persists that bankruptcy is an embarrassing process that will ruin any opportunity for financial well-being. Chapter 7 is sometimes called “liquidation”, although that...
by Chris Ebert | Apr 12, 2012 | General
A lesson from the foreclosure crisis is that a moneylender may be lying when it says it owns a debt. That lesson has been applied to bankruptcy proofs of claim. A proof of claim is a document that a moneylender files in a Chapter 7 or Chapter 13 bankruptcy. A form...
by Chris Ebert | Apr 10, 2012 | General
If you are like most landlords you are very careful about the tenants you choose to put in your property. But, as we can all testify, even good people sometimes have financial problems. How will your tenant’s consumer bankruptcy affect you? If your tenant owes back...
