Now, you can owe up to $1,010,650 of secured debt, and still be able to file Chapter 13 bankruptcy, depending on how much unsecured debt you owe. If you are over the Chapter 13 bankruptcy debt limit, you can still file Chapter 11 bankruptcy. So, ...
Monthly Archives: January 2010
File Bankruptcy, Am I A Failure?
No, you are not a failure if you file bankruptcy. Bankruptcy is, and should be, a last resort. The giant banks and mortgage companies that, with their politician friends, brought about the worldwide financial crisis, did not file bankruptcy themselves because the politicians they bought bailed them ...
Download PDF Version Stop Paying Credit Cards?
Fox News has a guest, Bill Bartman, who advises that you STOP paying credit cards, in some situations. Bartman interview on Fox News His first point is, the big national credit card companies all sell their bad debts. This is true, he says after 6 months of ...
Download PDF Version Michigan Foreclosure Crisis Continuing
The foreclosure crisis in Michigan continues. In fact, all of America is under water, shown by the fact that American homeowners are now $745 billion
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