Blog Posts in 2012
Posted on May 11, 2012 By Attorney Nicholas R. Westbrook
According to a New York Times report, Bank of America has begun a new, mortgage forgiveness program, where it will reduce a significant portion of principal on certain, qualified mortgages. This ...
Continue reading "Bank of America Begins its Mortgage Forgiveness Program" »
Posted on Apr 19, 2012 By Attorney Nicholas R. Westbrook
Do you really know who owns your mortgage? Do you think it's the same company that you pay each month? Surprisingly, it may not be. Your mortgage payment is always sent to your "loan ...
Continue reading "Do You Really Know Who Owns Your Mortgage?" »
Posted on Apr 12, 2012 By Attorney Nicholas R. Westbrook
The central feature of a Chapter 13 Bankruptcy is its 3 to 5 year repayment plan. During that period, you are required to pay all known creditors what you can afford while under the protection of the ...
Continue reading "Chapter 13 Bankruptcy and Co-Debtors" »
Posted on Apr 9, 2012 By Attorney Nicholas R. Westbrook
If you landlord is threatening eviction, but does not have a Court Order to evict, Chapter 7 or Chapter 13 can help (or at least buy some time to figure things out). In this situation, a Bankruptcy ...
Continue reading "Are You Facing Eviction? Bankruptcy May Help" »
Posted on Mar 27, 2012 By Attorney Nicholas R. Westbrook
If you receive social security benefits, there is a chance you could receive an overpayment of benefits. When this occurs, the Social Security Administration will contact you for the funds. You are ...
Continue reading "Discharging Social Security Overpayments in Bankruptcy" »
Posted on Mar 27, 2012 By Attorney Nicholas R. Westbrook
In some cases, your creditor may forgive your debt, leading to a zero balance on your credit report. This type of debt must be listed in Bankruptcy, as the debt is technically owed, it's just been ...
Continue reading "Listing a Zero Balance Credit Card in Bankruptcy" »
Posted on Feb 29, 2012 By Attorney Nicholas R. Westbrook
Some people believe that once you file Bankruptcy, you cannot get a home loan. This is a terrible myth that prevents many of people from seeking relief under the United States Bankruptcy Code. Nothing ...
Continue reading "Buying A Home After Bankruptcy" »
Posted on Feb 15, 2012 By Attorney Nicholas R. Westbrook
A man living in Austin, Texas recently pled guilty to operating a foreclosure scam that defrauded hundreds of people. In Court, Frederic Alan Gladle admitted to defrauding homeowners out of more than ...
Continue reading "Texas Man Pleads Guilty to Bankruptcy Fraud Scheme" »
Posted on Jan 31, 2012 By Attorney Nicholas Westbrook
Would you like this year to be better than last year? You have the power to take charge of your debts through consumer Bankruptcy and get a fresh start for the future. The beginning of the year is a ...
Continue reading "Getting a Fresh Start in the New Year" »
Posted on Jan 19, 2012 By Nick Westbrook
Bankruptcy occurs during very difficult financial times. In some cases, your rent may be late, and the landlord is threatening eviction. Fortunately, a Bankruptcy filing under Chapter 7 or Chapter 13 ...
Continue reading "Bankruptcy Can Protect You from Eviction" »