Bankruptcy Modification

“The only constant in life is change.”-Heraclitus, 5th century B.C. With regard to your personal bankruptcy, change most often comes in two forms: Conversion from a Chapter 13 to Chapter 7 (or the other way around) Modification of the Chapter 13 Plan Section 1307 of...

Bankruptcy and Home Equity

“Nero fiddled while Rome burned”.  Politicians continue to fuss while the mortgage crisis lingers.  If you have negative equity in your home, and you are tired of waiting for someone else to do something, then it may be time to consider Chapter 13 bankruptcy. Chapter...

Bankruptcy and Tax Debt

Unless you are expecting a refund check, any correspondence from any taxing authority is always bad news.  Personal bankruptcy, through Chapter 7 or Chapter 13, can sometimes eliminate some tax debt. Whenever the lawyer uses words like “sometimes” and “some”, you know...

Bankruptcy and Home Equity

Nero fiddled while Rome burned.  Politicians continue to fuss while the mortgage crisis lingers.  If you have negative equity in your home, and you are tired of waiting for someone else to do something, then it may be time to consider Chapter 13 bankruptcy. Chapter 13...

Filing for Personal Bankruptcy

Stockton, California is the home of the annual Asparagus Festival, singer Chris Isaak, and possibly the largest municipal bankruptcy in U.S. history.  The financial issues that Stockton faces may not be much different from the challenges that you face: rising costs,...