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Avoid Bankruptcy Fraud

Faced with millions of dollars in debt exacerbated by high medical bills due to a serious heart condition, Grammy award-winning singer Toni Braxton filed for bankruptcy for the second time in 15 years. Ms. Braxton is now being accused of bankruptcy fraud after transferring more than $53,000 to her estranged husband, Keri Lewis. The trustee […]

Can a Mortgage Modification Help You?

Mortgage foreclosure defense is a way to avoid foreclosure and keep your home if you can no longer make your mortgage payments. It consists of changing the terms of your original mortgage to better suit your current financial situation. The process consists of sitting down with your bank or other mortgage lender and agreeing to […]

Spot Foreclosure Rescue Scams

Most of us learned growing up that taking advantage of people who are struggling or “kicking them when they’re down” is unfair and unethical. However, the sad truth is that plenty of people try to do just that. Many good people whose homes are facing foreclosure are taken advantage of by foreclosure rescue schemers every […]

Bankruptcy Filings Fell in 2011

The year 2011 saw an 11.7% drop in bankruptcy filings from 2010, according to a year-end study from Epiq Systems. In 2010, 1,561,008 people filed for bankruptcy, while in 2011 that number dropped to 1,379,113. About 70% of the filings are Chapter 7, which allow individuals to discharge their debts completely (if they pass a […]

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