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Recent Posts in Foreclosure Defense Category

How Long Does a Foreclosure Affect My Credit Score?

Foreclosures are hard on your financial prospects in more ways than one. Not only does it drop your credit score, but having a foreclosure on your record will force you to pay higher interest rates ...

City Plans To File for Bankruptcy

The city of Scranton, Pennsylvania has reportedly decided they plan to file for bankruptcy. According to reports, the city is hoping to file for Chapter 9 bankruptcy. It's reported that people are ...

Developers File for Bankruptcy

Real estate developers Frank and Linda Sealy have reportedly filed for Chapter 7 bankruptcy protection. According to reports, the two filed right before facing seven foreclosure auctions that were ...

College Files for Bankruptcy

Morris Brown College in the Atlanta, Georgia area has reportedly filed for bankruptcy protection. According to reports, the business has been facing foreclosure which led to the filing. In the ...

Winery Facing Auction

Oasis Winery of Virginia, which is in possessed by Tareq and Michaele Salahi, is facing auction in a bankruptcy matter. According to reports, old equipment and cases of wine will reportedly be sold ...

Night Spot Developer Files for Bankruptcy

The developer of EpiCentre in the Charlotte, North Carolina area has filed for bankruptcy protection. Afshin Ghazi reportedly filed for bankruptcy protection as the complex is more than $90 million in ...

Cunningham’s Funeral Home Files for Chapter 11

In Pennsylvania, Cunningham's Funeral Home has filed for Chapter 11 bankruptcy protection. According to court records, GM-1 Partnership was the successful bidder at a foreclosure sale of the ...

Luxury Developer Files for Bankruptcy

A Colleyville, Texas luxury developer has filed for Chapter 7 bankruptcy for partnerships that controlled various areas and projects that are unfinished. In filing Chapter 7 bankruptcy, it will put ...

Local Winery Owners File Bankruptcy

Winery Owners Claude and Genevieve Delfosse have decided to file for Chapter 11 bankruptcy in an attempt to avoid foreclosure. Chapter 11 bankruptcy is usually filed in an effort to reorganize debt ...

Owner of Park Condos Files for Bankruptcy

The owner of condominium units in downtown Hartford, Connecticut has filed for bankruptcy, as it is facing the imminent loss of the units in foreclosure. Bushnell Regency LLC has filed for Chapter 11 ...

Aspen Main Street Properties Files Chapter 11

The Dallas firm that planned on redeveloping an old property in Aspen has gone bankrupt. Aspen Main Street Properties LP has filed for Chapter 11 bankruptcy protection. The bankruptcy filing will ...

Alternatives to Foreclosure

Anyone who has been served a Notice of Foreclosure knows the unsettling feeling one gets when threatened with the thought of losing one’s home. Fortunately, for those people who have fallen behind on ...

Bankruptcy can be a Solution

There are times when filing for bankruptcy can be the best solution for a situation. When someone is facing foreclosure on their home then they may want to consider filing for bankruptcy. Chapter 13 ...

Prevent Home Foreclosure by Filing for Bankruptcy

In some situations, if you file for bankruptcy you may be able to save your home from foreclosure. Filing for Chapter 7 or Chapter 13 bankruptcy can prevent foreclosure if there is a cure for your ...

Debt Settlement v. Debt Consolidation

If you are looking for a way to get a handle on your debts, you may want to consider debt settlement or debt consolidation as an option for you. Debt Settlement is the process of negotiating with your ...

Foreclosure Guidelines Announced to Help Troubled Homeowners

The U.S. Treasury Department has released new guidelines designed to help struggling homeowners through the short sale process. The new guidelines for the Home Affordable Foreclosure Alternatives ...

Bankruptcy Myths

There are many myths associated with filing for bankruptcy. Unfortunately, many people in need of debt relief do not seek the financial relief they need because they are afraid of how bankruptcy will ...

Bankruptcy Means Test Explained

In the United States, before people can file for consumer bankruptcy, they must complete a means test. Prior to October 2005, this test was not a bankruptcy filing requirement. However, after that ...

Cincinnati - $25 Million in Foreclosure Aid Expected

According to News.Cincinnati.com - Communities throughout Cincinnati, Ohio can expect to receive more that $25 million in federal funding to combat drastic foreclosure rates. Reports indicate that at ...

Why Hire a Bankruptcy Lawyer?

If you are considering filing for bankruptcy, it is in your best interest to discuss the matter with an experienced bankruptcy attorney. A skilled bankruptcy lawyer can review your financial situation ...