From ABI: To ABI Members, conference attendees and colleagues: The American Bankruptcy Institute is committed to safeguarding the health and well-being of its members at its events, and to addressing concerns regarding Coronavirus COVID-19. ABI is following the latest guidance from the Centers for Disease Control and Prevention (CDC). At this point in time, all…

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The clock, a vintage inherited family piece, ticked away the minutes.  Cheryl rolled over and saw it was only 3:42 a.m.  Another night when the worry she had tucked away in the corner of her mind pushed her into consciousness, only to lay awake listening once again to the old clock as it continued to…

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Trying to save your home and/or sanity through bankruptcy?  Talk to a local bankruptcy attorney at https://ConsumerLawAssist.com.  Not all bankruptcies are equal when it comes to saving your property.  Sometimes, in order to save a home that has equity in it, debtors resort to filing for chapter 13 bankruptcy protection instead of chapter 7 bankruptcy…

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ConsumerLawAssist.com Can help you find the right lawyer to advise you when and if you should file for bankruptcy protection. How quickly you recover from bankruptcy will totally depend on you.  Within two years, you could have a credit score over 640 if you are disciplined.  Within 2 years you could qualify to buy a…

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When you file for bankruptcy protection, your creditors must not violate the automatic stay, which prevents a creditor from attempting to collect a debt while the debtor is in bankruptcy.  Only if the creditor gets prior court approval, are they allowed to attempt to collect the debt.  The automatic stay occurs when the bankruptcy is…

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Married?  You don’t have to file bankruptcy together.  If you are trying to protect your home by filing chapter 7 bankruptcy, and you are both on the mortgage, you may want to file separately from your spouse.  There is an automatic stay – all creditor action against you paused – which lasts for a set…

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If you get too deep in debt, your income collapses, or you experience a major life crisis, you may need to consider bankruptcy. It’s a difficult process, but it may be completely necessary if you see no way out of your current debt problems. There will be credit issues to deal with after the fact,…

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It’s the first of April. You know what that means. Spring is here! Your friends and family are pulling April Fools’ Day pranks. And my tree allergies are kicking my butt. Every year, tree pollen makes my life miserable. This year is no different. Facebook kindly reminded me this morning that three years ago, Kim…

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