Last updated: October 13, 2021

Posted by: Walter Metzen

A common misconception among consumers is that after foreclosure they will not owe their mortgage lender. Many homeowners who go through foreclosure are surprised to learn that they still owe money on their house, even though they no longer own it! Most mortgage lenders require borrowers to personally guarantee the amount of the note, leaving…

Last updated: October 22, 2021

Posted by: Rob Cohen

Price Shopping Legal Services is Not Always a Great Idea Well, the first question, first! Choosing your Bankruptcy attorney is an important task, so treat it as such. Many times, bankruptcy attorneys are the only attorneys that our clients have ever seen, so it’s a new experience, on top of the financial stress. This can…

Last updated: November 13, 2017

Posted by: National Bankruptcy Forum

Last updated June 28, 2017. Ohio, The Buckeye State, is home to America’s first professional baseball team (the Cincinnati Reds), the Rock & Roll Hall of Fame, the Pro Football Hall of Fame, and John Glenn, the oldest man to venture into outer space. It’s also ranked among the top 10 states in terms of bankruptcy filings….

Last updated: October 22, 2021

Posted by: Walter Metzen

ContentsHow bankruptcy affects car and house paymentsBankruptcy does not relieve the obligation to pay secured debtsWhat is secured debt?Unsecured debtsUnsecured lenders want to become secured How bankruptcy affects car and house payments If you are considering filing for bankruptcy your first questions will likely revolve around how the process will affect your property. Will I…

Last updated: October 6, 2021

Posted by: Walter Metzen

When you think of Michigan, you probably think about cars, or Detroit. That’s because Detroit is the car capital of the world. It’s home to the first air-conditioned car, manufactured in 1939 by the Packard Motor Company. University of Michigan is also the first university to be established by any of the states, as well…

Last updated: April 4, 2020

Posted by: National Bankruptcy Forum

Home to Grand Canyon National Park, Arizona is known for its copper-mining towns, 11 species of rattlesnakes, and designated Native American lands. Arizona’s economy also is finding a second wind in recent years, though some residents may still be struggling with debt. One way to get out of debt is by filing bankruptcy. Most of…