You may not know it, but there are many options available to you to stop foreclosure. Can bankruptcy prevent a foreclosure? Yes. Can a mortgage modificationstop foreclosure? Yes. Are there government programs available to stop foreclosure? Yes. Let’s examine each of these options, and which option may be the best [...]

Many lawyers will take loads of cases, leading their clients into bankruptcy, rather than helping them to find a solution. The lawyers are paid large amounts for their work; therefore, they are out to make a buck in most instances. Now, if you are in debt and need help, you should make a visit to [...]

Bankruptcy is a process of the federal court to help either business or individuals clear up their debts and repay under the protection given by the bankruptcy court. There are basically two types of bankruptcy: liquidation and reorganization.
According to chapter 7 bankruptcy, liquidation bankruptcy occurs when you plead the court to have your debt discharged. [...]