by Chris Ebert | May 17, 2012 | General
Most of us have taken a lot of tests in our lives. For those homeowners who are trying to get a loan modification, the biggest test you will take is the Net Present Value (NPV) test. Simply put, the NPV test determines whether the moneylender will make more money if...
by Chris Ebert | May 4, 2012 | General
Both Chapter 7 and Chapter 13 bankruptcy can be effective tools for dissolving an active lawsuit or even a prior judgment. Perhaps the moneylender or debt-buyer is threatening to take action against you, such as filing a lawsuit or sending a foreclosure notice. One...
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 | Mar 26, 2012 | General
“[D]on’t try and stop the foreclosure process. Let it run its course and hit the bottom, allow investors to buy up homes, put renters in them, fix the homes up, and let it turn around and come back up. The Obama administration has slow-walked the foreclosure...
by Chris Ebert | Mar 21, 2012 | General
Mike and Jenny have saved money for most of their working lives, and they have put nearly all of that money into an IRA. But in the last few years, their graphic design business has lost client after client. A business bankruptcy is a real possibility, and a...
