Recent Posts in debt negotiation Category
Posted on Jan 3, 2011 By Joseph Tosti
The bankruptcy code give you l imited protection against employment discrimination after bankruptcy . You can’t get fired from your existing job in the private sector. You can’t be discriminated ...
Continue reading "Law prohibits employment discrimination after bankruptcy" »
Posted on Nov 9, 2010 By Joseph Tosti
Proprietary mortgage modifications, not HAMP mortgage modifications, lead the way according to HOPE NOW Loan Mod statistics. 120,000 modifications have been done by the mortgage companies themselves, ...
Continue reading "Mortgage Modifications Fail To Slow Foreclosure Rate" »
Posted on Nov 8, 2010 By Joseph Tosti
A minimum payment in a Chapter 13 Bankruptcy will vary from district to district depending on the local rules. However, the minimum payment must cover what you must pay within the applicable ...
Continue reading "Chapter 13 Minimum Payment." »
Posted on Nov 2, 2010 By Joseph Tosti
The new median family income numbers used for determining whether a debtor can file a Chapter 7 bankruptcy went into effect today, November 1, 2010. The numbers are provided by the U.S. Census Bureau. ...
Continue reading "New Median Family Income Numbers For Bankruptcy Effective November 1, 2010" »
Posted on Nov 1, 2010 By Joseph Tosti
As a consumer bankruptcy attorney who has spent the better part of the last 15 years counseling individuals contemplating bankruptcy, I can tell you that one of the things I see on a daily basis is ...
Continue reading "Bankruptcy Is Not Failure – It’s Financial Planning" »
Posted on Oct 26, 2010 By Joseph Tosti
Most people would like to avoid bankruptcy if they can. Sometimes alternatives are worth trying, but it pays to know the risks. A good bankruptcy lawyer never pushes someone into bankruptcy but, ...
Continue reading "Alternatives to Bankruptcy" »
Posted on Oct 20, 2010 By Joseph Tosti
Modification of home loans in bankruptcy was promised by candidate Obama before his election as President. Current bankruptcy law prohibits modification of a loan secured against the debtor's ...
Continue reading "Why Hasn’t Obama Supported Judicial Modification?" »
Posted on Oct 11, 2010 By Joseph Tosti
Growing case law suggests that debtors should hope the bankruptcy court does not approve their car reaffirmation agreement . Huh?, you say. If you've agreed to reaffirm, and essentially waive the ...
Continue reading "Reaffirmation Agreements- Drive Happily into Sunset" »
Posted on Oct 4, 2010 By Joseph Tosti
You can't turn on a radio or watch TV without hearing or seeing commercials for debt settlement companies that suggest that they are a better choice than bankruptcy. Many, including myself, believe ...
Continue reading "Why Bankruptcy Is A Better Choice Than Debt Settlement? A Case Study!" »
Posted on Sep 13, 2010 By Joseph Tosti
For the fiscal year 2010 ending June 30, 2010, over 1.5 million bankruptcy cases were filed in the United States. For the American people, that is a remarkable rate of one case every 20 seconds. Since ...
Continue reading "One American is filing bankruptcy every 15 seconds" »
Posted on Sep 8, 2010 By Joseph Tosti
As a bankruptcy lawyer , one of the first things I advise my clients to do when they decide they are filing bankruptcy and hire me is to stop paying on their credit cards. More on this later in the ...
Continue reading "4 Collection Steps After You Stop Paying Credit Card Debt by K. Hunter Goff · Posted in *Filing for Bankruptcy" »
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
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" »