Category Archives: Chapter 13 Bankruptcy

Something Wicked This Way Comes – HELOC Reset

Almost four million people who bought homes and took out home-equity lines of credit between 2005 through 2008 are about to go into the repayment period. Right now you may have just been paying into. Something Wicked This Way Comes – HELOC Reset Almost four million people who bought homes and took out home-equity lines …

Chapter 13 Bankruptcy Is The Best Way To Save Your Home

A recent study regarding saving your home and the different alternatives available including bankruptcy came to the conclusion that most bankruptcy attorneys in Orlando, FL already knew. Chapter 13 bankruptcy is probably the best way to save your home. At the very least the study showed when compared with homeowners who did not file, debtors who …

Should I Keep My House Or Let It Go In The Bankruptcy?

When clients come into my office to file bankruptcy in Orlando or my offices in Kissimmee or Clermont, often times they ask me whether it is in their best interest to save their home. Usually, the home is several months behind in payments. And yes there is a particular kind of bankruptcy – a Chapter …

Bankruptcy Law: What You Need to Know

The Bankruptcy Abuse Prevention and Consumer Protection Act In 2005, Congress passed the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA), which heralded a major reform to the bankruptcy system in the United States. As the name implies, the BAPCPA had two main objectives: To prevent people in debt—individual consumers—from abusing Chapter 7 as a …

Will You Lose Your House If You File Bankruptcy?

Many homeowners in debt, from those who have fallen behind on mortgage payments to those who can no longer rely on equity in their house as a buffer against other forms of debt, wonder if they will still have a roof over their head after bankruptcy. The answer to this important question is quite complicated …