Blogs

For the last couple of years, we have heard about the concept of “HQ2,” notably with Amazon.  There was a frenzy of competition for Amazon to locate its second headquarters in towns and cities throughout the country.  Now, things are settling down with the work for Amazon’s main HQ2 located in Arlington, Virginia.

The threat of losing your home can be overwhelming, and sometimes that makes it hard to think clearly and strategically. Many Mississippi homeowners are currently facing that stress. According to ATTOMData, foreclosures have fallen nationwide--from more than 1.6 million in the first half of 2010 to fewer than 300,000 in the first half of 2019. But, closer to home, the news isn’t so good.

There’s a battle of experts underway about just how often medical bills and lost income due to an illness or injury triggers a bankruptcy filing. Some studies conclude that as many as ⅔ of all bankruptcy filings  are due at least in part to medical problems, while others contend the number is much smaller. 

There’s a battle of experts underway about just how often medical bills and lost income due to an illness or injury triggers a bankruptcy filing. Some studies conclude that as many as ⅔ of all bankruptcy filings  are due at least in part to medical problems, while others contend the number is much smaller. 

It is very important to make sure that the schedules of debts and creditor matrix you file in an Alabama bankruptcy case are complete and accurate. Your bankruptcy petition and schedules are submitted under oath. Thus, it is a crime to knowingly or intentionally make misrepresentations. Aside from the risk of criminal penalties associated with willful misrepresentation of your debts, incomplete or inaccurate information can lead to delay or even dismissal of your bankruptcy case. Unlisted debt, with this in mind, can be quite problematic.

If you're considering filing for bankruptcy in Tennessee, you are undoubtedly facing significant financial challenges. And, if you are like most people who ultimately file for bankruptcy protection, you may have been struggling with those issues for some time. So, it makes sense that you would be concerned about the costs associated with filing bankruptcy.

Costs of bankruptcy fall into several different categories, which include:

Many people considering bankruptcy are concerned about their options for purchasing a home after bankruptcy. In many ways, qualifying for a loan after bankruptcy is no different from qualifying for a mortgage without a history of bankruptcy. That is, the lender’s determination will be based on the same set of factors, such as the amount of the loan in comparison to your disposable income and your credit history.

How Can I Stop a Foreclosure in Alabama?

Tennessee is a non-judicial foreclosure state. That means that a lender can foreclose on a property in Tennessee without going to court. It also means that the foreclosure process can move very quickly compared with the process required in a judicial foreclosure state. 

If you're concerned about how to rebuild credit after bankruptcy, you are far from alone. This is a question we hear often, both from people considering bankruptcy and from people who have already filed for bankruptcy and are now looking to build better financial futures. Fortunately, it is very possible to rebuild your credit history and raise your credit score, often within one to two years after bankruptcy.