If you are in a chapter 13 bankruptcy, then your tax refund is likely the only chance you have at trying to get ahead. However, the Chapter 13 Trustee will almost always attempt to take your tax refund while in a chapter 13. If you want to keep your tax refund, there are several things that …
How to Protect Your Tax Refund in a Chapter 13 Bankruptcy Read More »
There is not nearly enough being done to help consumers with their student loan debt. Congress continues to delay the inevitable, and student loan services have very little sympathy for consumers. They offer very little in terms of workable programs. Sure, they say things like “income based” repayment plans, but these plans very rarely are …
How You Might Be Able To Lower Your Student Loan Payments Read More »
Probate is expensive. The costs and time associated with the Probate process have led to many individuals simply forgoing the process altogether, and, consequently, real property is not properly transferred to an individual’s heirs. However, Texas has introduced the Transfer on Death Deed (hereinafter, “T.O.D.D.”), which allows an individual to easily transfer real property to …
Transfer on Death Deeds: An awesome tool you should consider if you live in Texas Read More »
An individual issues a hot check (also known as a “Bad Check,” a “NSF Check,” a “Dishonored Check,” or a “Bounced Check”) when they fraudulently write a check despite having knowledge of the fact that they do not have the funds available to cover the check. For example, an individual who issues a check for …
Delinquent on your home mortgage payments? You may be in luck. For borrowers whose loans are owned or guaranteed by Fannie Mae or Freddy Mac, the Federal Housing Finance Agency (or FHFA) will soon offer a Principal Reduction Modification Program to borrowers that meet certain eligibility requirements. The program was implemented with the goal to …
FHFA To Unveil New Principal Reduction Modification Program Read More »
Introduction Under Chapter 13 bankruptcy, individuals with regular income are granted the opportunity to develop a repayment plan in order to satisfy all or part of the debts for which Creditors hold claims. A Chapter 13 repayment plan will allow a Debtor to make installments to Creditors over a period of three to five years …
There are many reasons why someone might choose to file for bankruptcy; however, two of the most prevalent reasons are (1) a debtor’s need for relief, and (2) a desire to preserve one’s assets. For some people, the reasons might be as sentimental as they are financial, such as trying to hold on to a …
