I have been a member of NACBA (National Association of Consumer Bankruptcy Attorneys) for quite some time and was able to attend the 20th annual convention this year which was held in beautiful San Antonio, TX. I would strongly suggest that you bookmark the NACBA site as a resource for…
Frank Coxwell explains bankruptcy chapters & how to recover from bankruptcy. To listen to the program, click here I joined the Mississippi Public Broadcasting (MPB) show – Money Talks – on June 18, 2013 to discuss the topic of bankruptcy, what the different chapters have to offer consumers, and how to…
No. Although a bankruptcy case is a public record, it is not that easy to find. Bankruptcy information is not published in any Mississippi newspaper that I am aware of. Yes, one of your nosey neighbors could go to the bankruptcy court and ask but that is a lot of…
Yes and No. In most cases as long as you are up to date on your house payments you can keep your home. If you are not current, the bankruptcy filing protects the home from foreclosure and this could give you the time you need to get caught up, if…
Yes and No. In most cases as long as you are up to date on your vehicle payments you can “reaffirm” the debt and keep your vehicle. The finance company has to agree to allow you to keep the vehicle and they will always agree if you are current. If…
No. If you have been convicted of a crime you can still file bankruptcy. The bankruptcy papers don’t ask you questions like that. A criminal record would only be an issue if you were trying to file bankruptcy to get rid of fines or restitution. You can’t wipe out court…
Thinking about walking away from your rental property? You are not alone. Over 11 million people are upside down on the house they live in. The same conditions affect your investment property. To make things worse, when tenants can’t pay their rent, you must still come up with the monthly…
Of course you can. Just like you can set your own broken leg, deliver your own baby and rebuild the engine in your own car. You can do these things, but do you really want to? Do you have time? Do you have the proper tools, information and knowledge to…
Here are some things to consider before you file bankruptcy so you don’t make a mistake that could get you in trouble or cost you a discharge. 1. Talk to a bankruptcy attorney sooner rather than later. Find out right now how bankruptcy can benefit you. Most people who file…
The end of the year is a time when we start thinking about how the past year has gone, what went wrong, what went right, and what changes we need to make to ensure things are better in the new year. When you are looking at your financial situation, it’s…