Christina Goldman asked: It would appear, from the recent action in the financial markets, that all is well in the world once again. The price crude oil has now plunged 20 percent from its recent record high of $145 a barrel. Stocks are rallying. The dollar has firmed.Experts are now saying that the real estate…
Monthly Archives: March 2009
Understanding Chapter 13 Bankruptcy
Lesley Lyon asked: Chapter 13 Bankruptcy filing is for individuals in the United States to undergo a financial reorganization, which is supervised by a Federal Bankruptcy Court. The individual who is badly in debt can file for Bankruptcy either under Chapter 7 or Chapter 13 or Chapter 11. The debtor chooses under which Chapter he…
Chapter 13?
Holly J asked: My husband and I are considering filing Chapter 13 bankruptcy and I am my childrens sole care provider. As long as my husband is employed, will I be expected to find employment? We have no other childcare options as we don’t have family or friends in the area.
Precious Metals Heat Up; Silver Set to Join Gold
Samuel Martin asked: The gold rally is just getting warmed up, and I firmly believe it will continue at least through 2007. I predict that we will see its value rise to between $3,000 and $5,000 per ounce.Forex Super King subscribers have experienced substantial profit trading the forex, with an average of 1,000 pips (price…
Chapter 7 Filing?
slipcovers2 asked: I am recently divorced and left the house to her which is all called out in the decree. She is also responsible for the 2007 Federal and State taxes. We owed. I was notified by her that she is quitting her jobs, putting the house on the market and filing for Chapter 7….
How to save my house from foreclosure if I am two months behind?
Ms L asked: I was laid off May 1st, my employer kept my last pay which was for my mortgage, the EEOC says they can only recover min wage, I couldn’t find employment until yesterday doing a commission based job as an insurance agent. I am two months behind in my mortgage and I want…
How to Choose Between Debt Management and Debt Elimination
Jim Vrana asked: Overwhelming credit card debt is a very common problem for many American consumers. Too many people just continue to pay their monthly minimum payments without any knowledge that their debt burden may never go away.When a person comes to the realization that they are caught in an endless cycle of debt, they…
Chapter 13 Refinance-foreclosure Refinancing
Shawn M Peck asked: Many people who have filed bankruptcy know little about the process. Often times debtors are unaware of their options in a chapter 13 because they rely on their attorney; their attorney has a fiduciary relationship with the debtor. A bankruptcy attorney’s job is to know bankruptcy law, not the mortgage business…