Get Foreclosure Help

Tag: bankruptcy

  • Middle District Of Florida Gets A New Chief Bankruptcy Judge

    Call: 888-297-6203

    The Honorable Karen S. Jennemann was declared the Chief Judge of Bankruptcy for the Middle District of Florida on October 1st, 2011. She is a graduate of William & Mary who had been practicing law for over 25 years in Florida. She presides in Orlando of Orange County, Florida.

    She replaced the former Chief Judge, the honorable Paul M. Glenn. He presided in Jacksonville of Duval County, Florida. Judge Glenn was appointed to the bench in 1993. He graduated from the Duke University in 1970 and has legal experience of over 40 years.

    The cases decided either in Orange County or in Duval County have a persuasive authority over one another in making decisions related to new cases with similar facts, as both the counties lie in the bankruptcy court of the Middle District. However, cases decided by a non-chief judge are less persuasive than the ones which are decided by a Chief Judge. Thus, without any argument, the most powerful decisions are now made in the bankruptcy court of Orlando instead of Jacksonville.

    For any bankruptcy-related queries and experienced consultation, contact the Recovery Law Group at www.staging.recoverylawgroup.com or call on 888-297-6203.


      *Are you more than 60 days past due on your mortgage?

      *Do you own a home?

      Are you currently working?

      By clicking “Submit”, whether I do or do not purchase any products or services on this website, I hereby give my express written consent to receive calls and SMS/text messages, including calls and SMS/text messages made and sent using automated dialing equipment and/or pre-recorded or artificial voice technology and email, about offers and deals that I wish to be kept informed about from (“Partners”), at the phone number and/or email address provided on this form, including any wireless numbers provided, even if I have previously registered the provided number on any Do Not Call Registry. If I do not make a purchase on this website, it is expressly understood that the Partners retain permission to contact me as specified earlier in this paragraph. Carrier SMS/MMS and data messaging rates apply. I also agree that by clicking “Submit” that I agree to the Privacy Policy and Terms and Conditions.

    • Bankruptcy Should Be Filed Before Or After Foreclosure?

      Call: 888-297-6203

      Recently, the legal world has been debating about the filing of bankruptcy before or after the closing of the foreclosure. First of all, people facing foreclosure should not always opt for bankruptcy as it is not necessary that it is always the best option for them.

      In case bankruptcy is the right option for you, some attorneys might recommend you to file for bankruptcy after the foreclosure of your home. Thus, you will be allowed to discharge your debt and will be able to move on with your life, although, your options might get limited.

      Pre-foreclosure filing may allow you to fight the foreclosure after bankruptcy. Your interest in the property would be surrendered to the Trustee. The Trustee will then have the option of liquidating the mortgaged property. However, the Trustee usually disclaims the interests, as the mortgage is often more than the worth of the house. The decision of continuing the foreclosure, during or after the bankruptcy, then lies in the hands of the bank. You may be allowed to stay in your home even during the bankruptcy, although, it may affect your bankruptcy exemptions. During this time, you will not be making any mortgage payments. So, theoretically, you will be staying rent-free in the house. Thus, unpaid mortgage payments could help you to save thousands of dollars, depending on the duration of the bankruptcy. At the end of your bankruptcy case, you should be free of all your unsecured debts and should have savings that can be used for negotiating with the bank. In case your negotiations fail, you can simply walk
      away, as you will not be personally liable for the mortgage any longer.

      If you want to stay in your home even after filing for bankruptcy, contact the Recovery Law Group, for proper guidance and consultation on bankruptcy-related matters. They have the best and experienced bankruptcy attorneys who will help you in successfully navigating through the entire process.


        *Are you more than 60 days past due on your mortgage?

        *Do you own a home?

        Are you currently working?

        By clicking “Submit”, whether I do or do not purchase any products or services on this website, I hereby give my express written consent to receive calls and SMS/text messages, including calls and SMS/text messages made and sent using automated dialing equipment and/or pre-recorded or artificial voice technology and email, about offers and deals that I wish to be kept informed about from (“Partners”), at the phone number and/or email address provided on this form, including any wireless numbers provided, even if I have previously registered the provided number on any Do Not Call Registry. If I do not make a purchase on this website, it is expressly understood that the Partners retain permission to contact me as specified earlier in this paragraph. Carrier SMS/MMS and data messaging rates apply. I also agree that by clicking “Submit” that I agree to the Privacy Policy and Terms and Conditions.

      • Importance Of The Claims Bar Date In A Bankruptcy

        Call: 888-297-6203

        The Claims Bar date is indispensable in a bankruptcy. All the creditors are supposed to make a claim on the debtor’s estate till this date or they will not be allowed to collect their debt. This date gets generated automatically after the filing of the case, and first appears on the Notice of Filing. The creditors, who receive the notice of bankruptcy, must make a claim within 90 days. In case of improper bankruptcy notification, a creditor might be allowed to make a late claim. Governmental Units also have a claims bar date, though they get additional time to make claims.

        Despite receiving a claims form and instructions along with the Notice of Filing, some creditors fail to file the claim or don’t file it properly. Thus, with the help of your attorney, you can make objections to unfounded claims, incorrectly filed claims, or to the ones stating inaccurate amounts of debt. Knocking out claims can save significant amounts of money for Chapter 13 debtors, thus, creating an opportunity of coming out of bankruptcy by paying. Debtors can payout of bankruptcy by paying every owed penny to all the creditors who have made claims. Once no one is left to be paid, the case gets closed.

        To know more about the Claims Bar date and its effects on your bankruptcy, contact the Recovery Law Group at www.staging.recoverylawgroup.com or on 888-297-6203.


          *Are you more than 60 days past due on your mortgage?

          *Do you own a home?

          Are you currently working?

          By clicking “Submit”, whether I do or do not purchase any products or services on this website, I hereby give my express written consent to receive calls and SMS/text messages, including calls and SMS/text messages made and sent using automated dialing equipment and/or pre-recorded or artificial voice technology and email, about offers and deals that I wish to be kept informed about from (“Partners”), at the phone number and/or email address provided on this form, including any wireless numbers provided, even if I have previously registered the provided number on any Do Not Call Registry. If I do not make a purchase on this website, it is expressly understood that the Partners retain permission to contact me as specified earlier in this paragraph. Carrier SMS/MMS and data messaging rates apply. I also agree that by clicking “Submit” that I agree to the Privacy Policy and Terms and Conditions.

        • The Bare Bones Filing In Bankruptcy

          Call: 888-297-6203

          There is a sale date for your Jacksonville home. You have been counting on the possibility of mortgage modification because of which you were delaying in filing a bankruptcy, but now you have only 24 hours before the selling of your home. However, this can be stopped from happening.

          Filing for bankruptcy, even a few hours before the selling of the home, will bring the automatic stay in effect. An automatic stay stops the creditors from collecting until either the completion of the bankruptcy or the court’s permission for collecting again.

          There is a lot of paperwork involved in filing a bankruptcy case, which needs to be accurate and complete as it is signed under the penalty of perjury. Fortunately, with the Bare Bones Filing, the benefits of an automatic stay can be reaped without completing all the paperwork.

          The Bare Bones bankruptcy, also known as the Skeleton bankruptcy, involves the creation of technicalities in the law. The debtor is required to complete only Form B1 (of three pages) on the day of filing, under the title 11 of bankruptcy code. You will be required to fill four or five more pages within two days of the day of filing. The rest of the paperwork will not be due for two whole weeks.

          To navigate successfully through such a situation, contact the Recovery Law Group, at www.staging.recoverylawgroup.com or call on 888-297-6203.


            *Are you more than 60 days past due on your mortgage?

            *Do you own a home?

            Are you currently working?

            By clicking “Submit”, whether I do or do not purchase any products or services on this website, I hereby give my express written consent to receive calls and SMS/text messages, including calls and SMS/text messages made and sent using automated dialing equipment and/or pre-recorded or artificial voice technology and email, about offers and deals that I wish to be kept informed about from (“Partners”), at the phone number and/or email address provided on this form, including any wireless numbers provided, even if I have previously registered the provided number on any Do Not Call Registry. If I do not make a purchase on this website, it is expressly understood that the Partners retain permission to contact me as specified earlier in this paragraph. Carrier SMS/MMS and data messaging rates apply. I also agree that by clicking “Submit” that I agree to the Privacy Policy and Terms and Conditions.

          • Avoid Concealing Assets In Bankruptcy

            Call: 888-297-6203

            Desperate times call for desperate measures, however, they might not work every time. if you are thinking of filing for bankruptcy to get rid of the huge amount of debt, concealing your assets is one of the worst things you could do to hamper your chances of getting a discharge say lawyers of Los Angeles based bankruptcy law firm Recovery Law Group. Hiding anything, from a small family heirloom to money to property can cause you problems later. You are required to list all items considered your asset in your bankruptcy petition. Just because you are listing them does not mean that you will end up losing them. There are several provisions available in federal and state bankruptcy exemptions which can help protect personal property during bankruptcy.

            As per 18 U.S.C. §152, concealment of property, which would have been a part of the debtor’s bankruptcy estate, willingly, is considered a fraud. This attracts a penalty of up to $250,000, 5 years in federal prison or both. It is therefore important that you do not hide assets. Instead, you should make use of the Federal Bankruptcy Code to protect your assets. if you don’t wish to lose any property, you should find ways to get it exempted. A bankruptcy lawyer can help you do so with ease. For a free consultation, you can call 888-297-6023 to speak with experienced bankruptcy lawyers.


              *Are you more than 60 days past due on your mortgage?

              *Do you own a home?

              Are you currently working?

              By clicking “Submit”, whether I do or do not purchase any products or services on this website, I hereby give my express written consent to receive calls and SMS/text messages, including calls and SMS/text messages made and sent using automated dialing equipment and/or pre-recorded or artificial voice technology and email, about offers and deals that I wish to be kept informed about from (“Partners”), at the phone number and/or email address provided on this form, including any wireless numbers provided, even if I have previously registered the provided number on any Do Not Call Registry. If I do not make a purchase on this website, it is expressly understood that the Partners retain permission to contact me as specified earlier in this paragraph. Carrier SMS/MMS and data messaging rates apply. I also agree that by clicking “Submit” that I agree to the Privacy Policy and Terms and Conditions.

            • Hiding Things In Bankruptcy Might Be A Bad Idea

              Hiding Things In Bankruptcy Might Be A Bad Idea

              Call: 888-297-6203

              Honesty is the best policy in life, especially if you are filing for bankruptcy, say lawyers of Los Angeles based bankruptcy law firm Recovery Law Group. When you file your bankruptcy papers, it is important that you mention all your assets, income and debts and not hide things. This is because sooner or later a disclosure might hamper your chances of getting debts discharged through bankruptcy. In fact, you might even end up getting your bankruptcy discharged or worse, get jail time. since you are required to sign bankruptcy documents, if anything mentioned on them is not true, you might be held guilty of perjury. Additionally, if the bankruptcy documents are incomplete or something in them raises the trustee’s suspicion, a thorough analysis of the bankruptcy schedule is done then.

              One of the most common reasons for not disclosing everything is because people want to hide their assets. debtors think that hiding assets might help to protect them. Unfortunately, it is not true. When you file for bankruptcy, you need to disclose all assets while filling your bankruptcy schedule, even if it seems insignificant.

              Just like listing your assets is important, so is listing all your creditors, including those friends or relatives from whom you have borrowed money. sometimes, people don’t want some of their creditors to be aware of their bankruptcy filings and thus omit their names from the list of creditors. this is another potential mistake that people need to avoid while filing for bankruptcy. you should list all your creditors as the bankruptcy trustee wants all creditors to get their part of your estate. Thus, if you do not want more scrutiny of your bankruptcy schedule, you should list all your debts, creditors as well as assets and income.

              Considering the importance of transparency and honesty in the bankruptcy system, it is vital that you disclose everything when you file for bankruptcy. however, an honest mistake is something that is understood even by the bankruptcy trustee. Thus, if you end up omitting something in your schedule you can always correct it by filing an amendment as soon as you become aware of the mistake. For further assistance during bankruptcy proceedings, you can consult with experienced bankruptcy lawyers by calling 888-297-6023.


                *Are you more than 60 days past due on your mortgage?

                *Do you own a home?

                Are you currently working?

                By clicking “Submit”, whether I do or do not purchase any products or services on this website, I hereby give my express written consent to receive calls and SMS/text messages, including calls and SMS/text messages made and sent using automated dialing equipment and/or pre-recorded or artificial voice technology and email, about offers and deals that I wish to be kept informed about from (“Partners”), at the phone number and/or email address provided on this form, including any wireless numbers provided, even if I have previously registered the provided number on any Do Not Call Registry. If I do not make a purchase on this website, it is expressly understood that the Partners retain permission to contact me as specified earlier in this paragraph. Carrier SMS/MMS and data messaging rates apply. I also agree that by clicking “Submit” that I agree to the Privacy Policy and Terms and Conditions.

              • Higher Education And Bankruptcy

                Higher Education And Bankruptcy

                Call: 888-297-6203

                People think that pursuing higher education is a sure shot way to success. This thought has been ingrained in the minds of young Americans, many of who feel that if they haven’t attended college and do not possess a degree, they will end up filing for bankruptcy. Although, there is no correlation between bankruptcy filings and student loan debts, any other alternative explanation is unavailable.

                Lawyers of Dallas based bankruptcy law firm Recovery Law Group say that there are several cases of bankruptcy filers who are either high school educated or have not finished college degree. Some statistics reveal that there has been a growth of slightly more than 2% in higher education related bankruptcy filings in the past few years. Majority of bankruptcy filings can be attributed to people with high school education or some sort of college education. Though there has been an increase in upper middle-class people filing for bankruptcy, this is merely a trend which can be attributed to fluctuating market, bad economic decisions and spendthrift habits. If economy recovers, there will be more certainty and consistency in the market which will again lead to an increased number of student loan debt related bankruptcies.

                If you are finding it difficult to manage your finances and are worried about student loan debt, you should call 888-297-6023 to speak with bankruptcy lawyers.


                  *Are you more than 60 days past due on your mortgage?

                  *Do you own a home?

                  Are you currently working?

                  By clicking “Submit”, whether I do or do not purchase any products or services on this website, I hereby give my express written consent to receive calls and SMS/text messages, including calls and SMS/text messages made and sent using automated dialing equipment and/or pre-recorded or artificial voice technology and email, about offers and deals that I wish to be kept informed about from (“Partners”), at the phone number and/or email address provided on this form, including any wireless numbers provided, even if I have previously registered the provided number on any Do Not Call Registry. If I do not make a purchase on this website, it is expressly understood that the Partners retain permission to contact me as specified earlier in this paragraph. Carrier SMS/MMS and data messaging rates apply. I also agree that by clicking “Submit” that I agree to the Privacy Policy and Terms and Conditions.

                • Can You File For Bankruptcy If You Have Just Moved To A New State?

                  Call: 888-297-6203

                  Financial troubles can hit anyone, anytime. However, if you have recently shifted to a new state and need to file for bankruptcy, you can; but you need to find out about the exemptions. According to lawyers of Los Angeles based bankruptcy law firm Recovery Law Group, exemptions are important to protect your real estate and personal property. Individuals can choose between federal and state exemptions. If you shift to a new place, you cannot use state exemptions as you are expected to stay for a certain timeframe to avail state bankruptcy exemptions.

                  In the case of Florida, you have had to live for 730 days before filing for bankruptcy to avail state bankruptcy exemptions. If you have stayed less than this duration, you can claim bankruptcy exemption of the state in which you lived for 180 days before your bankruptcy filing or opt for federal exemptions. Florida offers excellent homestead exemption as it allows you to keep your home despite unsecured creditors. However, to do so, you must have owned the property for 1215 days before filing for bankruptcy, otherwise, you can only protect $125,000 worth of equity in it. Most of the time, the majority of homes are underwater, thus, people usually end up saving their homes during bankruptcy.

                  In case you have doubts regarding exemptions accorded in bankruptcy, you can discuss it with qualified bankruptcy lawyers at 888-297-6023.


                    *Are you more than 60 days past due on your mortgage?

                    *Do you own a home?

                    Are you currently working?

                    By clicking “Submit”, whether I do or do not purchase any products or services on this website, I hereby give my express written consent to receive calls and SMS/text messages, including calls and SMS/text messages made and sent using automated dialing equipment and/or pre-recorded or artificial voice technology and email, about offers and deals that I wish to be kept informed about from (“Partners”), at the phone number and/or email address provided on this form, including any wireless numbers provided, even if I have previously registered the provided number on any Do Not Call Registry. If I do not make a purchase on this website, it is expressly understood that the Partners retain permission to contact me as specified earlier in this paragraph. Carrier SMS/MMS and data messaging rates apply. I also agree that by clicking “Submit” that I agree to the Privacy Policy and Terms and Conditions.

                  • Automobile Giant Saab Files For Bankruptcy

                    Automobile Giant Saab Files For Bankruptcy

                    Call: 888-297-6203

                    Saab, the aircraft manufacturer turned automobile giant has been an innovator. The first of its kinds to come up with heated seating in automobiles, the company had to file for bankruptcy in Sweden, its home country. Since its entry into the automobile sector post-World War II, its sales peaked in 1988 and again in 2006. However, during the period of 2006-2009, a decline of almost 20.3% was observed in Saab sales.

                    As per the Swedish Company Reorganisation Act, any bankruptcy application is approved only if a reasonable cause is present which assumes that reorganization will serve the purpose of keeping the company afloat. Reorganization is generally used when a company faces losses but expects to continue in function say lawyers of Los Angeles based bankruptcy law firm Recovery Law Group.

                    Corporate bankruptcies are tough, especially on the company’s employees. In the case of Saab filing for reorganization bankruptcy, their employees were left hanging without being paid for the previous month. Often corporate bankruptcies can lead to a spate of personal bankruptcies (of employees). In case you are suffering from financial problems as a result of the loss of a job or corporate bankruptcy, you can consult with experienced bankruptcy lawyers at 888-297-6023regarding your predicament.


                      *Are you more than 60 days past due on your mortgage?

                      *Do you own a home?

                      Are you currently working?

                      By clicking “Submit”, whether I do or do not purchase any products or services on this website, I hereby give my express written consent to receive calls and SMS/text messages, including calls and SMS/text messages made and sent using automated dialing equipment and/or pre-recorded or artificial voice technology and email, about offers and deals that I wish to be kept informed about from (“Partners”), at the phone number and/or email address provided on this form, including any wireless numbers provided, even if I have previously registered the provided number on any Do Not Call Registry. If I do not make a purchase on this website, it is expressly understood that the Partners retain permission to contact me as specified earlier in this paragraph. Carrier SMS/MMS and data messaging rates apply. I also agree that by clicking “Submit” that I agree to the Privacy Policy and Terms and Conditions.

                    • Bankruptcy Petition Preparers End Up In Trouble With The Court

                      Bankruptcy Petition Preparers End Up In Trouble With The Court

                      Call: 888-297-6203

                      Many times, people who wish to file for bankruptcy decide to do so on their own, without hiring an attorney. In this case, they need the assistance of bankruptcy petition preparers, inform lawyers of Dallas based bankruptcy law firm Recovery Law Group. Bankruptcy petition preparers are not lawyers but help people file the documents required for bankruptcy. they charge less than the attorney and hence people prefer to hire them.

                      Bankruptcy petition preparers in Wisconsin ended up stirring trouble for themselves and might face criminal charges in court. Bankruptcy judge found Jennifer Abbott; a disbarred attorney, guilty of contempt as she was found to have violated bankruptcy Court Orders on more than one occasion. Additionally, she refused to obey the subpoena issued by the U.S. Trustee’s office. Apart from these, Jennifer has been convicted of felony theft for stealing from her client.

                      Apart from Jennifer, Gaynor Morrison, another bankruptcy petition preparer, also invited the court’s wrath when he failed to appear in Bankruptcy Court despite being summoned. He was also found to have been overcharging his clients and failing to return the fees to clients, despite being ordered by Court.

                      Many times, it has been found by the Court and the bankruptcy trustee that bankruptcy petitions prepared by bankruptcy petition preparers either lack the required documents or are drafted with flaws. Either of this can lead to dismissal of the bankruptcy petition without discharge. People facing financial issues might end up paying additional fees or lose valuable assets because of these problems. Since bankruptcy petition preparers are not necessarily attorneys, you might end up with your bankruptcy case being dismissed without a discharge. You could avoid this by calling 888-297-6023 to discuss your case with experienced bankruptcy lawyers.


                        *Are you more than 60 days past due on your mortgage?

                        *Do you own a home?

                        Are you currently working?

                        By clicking “Submit”, whether I do or do not purchase any products or services on this website, I hereby give my express written consent to receive calls and SMS/text messages, including calls and SMS/text messages made and sent using automated dialing equipment and/or pre-recorded or artificial voice technology and email, about offers and deals that I wish to be kept informed about from (“Partners”), at the phone number and/or email address provided on this form, including any wireless numbers provided, even if I have previously registered the provided number on any Do Not Call Registry. If I do not make a purchase on this website, it is expressly understood that the Partners retain permission to contact me as specified earlier in this paragraph. Carrier SMS/MMS and data messaging rates apply. I also agree that by clicking “Submit” that I agree to the Privacy Policy and Terms and Conditions.