Blog Posts in August, 2010
Posted on Aug 30, 2010 By Joseph Tosti
Are you having problems paying a monthly mortgage payment? Are you living in fear of default? Here are some of the warning signs that your mortgage is a time bomb waiting to go off. The first is the ...
Continue reading "Signs That You Picked The Wrong Kind Of Mortgage" »
Posted on Aug 25, 2010 By Joseph Tosti
For the second quarter in a row, Orange County’s risk of a price decline within a two-year period ranked ninth in the nation — just behind eight other metro areas that were tied for first, according ...
Continue reading "O.C. housing risk 9th highest in U.S." »
Posted on Aug 24, 2010 By Joseph Tosti
Many People are under the impression that you can’t wipe out IRS debt in bankruptcy. The good news is YES, you can wipe out not only IRS debt, but state tax debt, as well. BUT the tax debt must meet ...
Continue reading "Discharging Taxes in Bankruptcy" »
Posted on Aug 24, 2010 By Joseph Tosti
People sometimes spend down the last of their cash and then decide they need bankruptcy. This seems like common sense: you go broke and then you go bankrupt. But this is not how it works. There's a ...
Continue reading "Don’t Wait Until You’re Completely Broke to Contact a Bankruptcy Lawyer" »
Posted on Aug 17, 2010 By Joseph Tosti
You've seen the ads for "Debt Management Programs"-"Settle $10,000 in credit card debt for as little as $2,000!" But do they really work? Do they make sense? Or are they scams? Yes, they work. But ...
Continue reading "Are “Debt Management” Programs a Scam?" »
Posted on Aug 17, 2010 By Joseph Tosti
If you are considering bankruptcy , mortgage modification, debt relief, debt settlement , debt management (credit counseling) or debt consolidation, you should look at all of them to be sure you are ...
Continue reading "Bankruptcy, Mortgage Modification, Debt Relief, Debt Settlment, Debt Management and/or Debt Consolidation" »
Posted on Aug 10, 2010 By Joseph Tosti
A bankruptcy trustee might be able to take your income tax refund whether you have filed a chapter 7 or chapter 13 bankruptcy case. Some courts say that this procedure is imprope r - but it happens ...
Continue reading "Can the bankruptcy trustee take my tax refund?" »
Posted on Aug 6, 2010 By Joseph Tosti
When a bankruptcy is filed the debtor gets an automatic stay . The stay is a very important. It prevents your creditors from continuing any attempts to collect on the debts that are owed. While in ...
Continue reading "Automatic Stay: What Is It? And Why You Don’t Want To Lose It!" »
Posted on Aug 2, 2010 By Joseph Tosti
When a bankruptcy is filed the debtor gets an automatic stay . The stay is a very important. It prevents your creditors from continuing any attempts to collect on the debts that are owed. While in ...
Continue reading "The Bankruptcy Automatic Stay Protects You" »