Sentences with phrase «about alternatives to bankruptcy»

The idea is to make sure that consumers are being educated about alternatives to bankruptcy, and when this new requirement was introduced in 2005 there was hope that such a class would significantly decrease the number of bankruptcy cases being filed each year in the United Sates.

If you need to file bankruptcy to eliminate credit card debt or other loans, then by all means contact a bankruptcy attorney, but take the time to become aware and to learn about the alternatives to bankruptcy.

Because bankruptcy should always be a last resort, we also talk about the alternatives to bankruptcy.

Not exact matches

The part of the message that I should have included and spoken more about was that bankruptcy was a legal alternative to any debt relief approach and that bankruptcy would cease collections, terminate lawsuits, and forgive debt without tax implications.

If you are considering declaring bankruptcy in Canada, our local bankruptcy trustees will be happy to answer these, and all of your questions about the bankruptcy process and bankruptcy alternatives.

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As bankruptcy trustee's serving the Edmonton community we are committed to providing quality information about filing bankruptcy in Edmonton and the alternatives to bankruptcy.

As Licensed Insolvency Trustees we will ask you some simple questions about your debts, what you own, your income and family size to determine what a bankruptcy may cost in your situation and help you compare this to alternatives like a consumer proposal or a debt management plan through a credit counselling agency.

During your free initial consultation Jason will explain what you need to know about personal bankruptcy, consumer proposals, and other alternatives as a solution to help you get out of debt.

While debt settlement is often considered a great alternative to bankruptcy for qualified candidates, you should consult with a licensed attorney about bankruptcy and whether or not it is recommended for your specific situation.

The primary consumer protection problem areas that have given rise to the States» actions include: (1) unsubstantiated claims of consumer savings; (2) deceptive representations about the length of time necessary to complete a debt relief program; (3) misleading or failing to adequately inform consumers that they will be subject to continued collection efforts, including lawsuits, and that their account balances will increase due to extended nonpayment under the program; (4) deceptive disparagement of consumer credit counseling; (5) deceptive disparagement of bankruptcy as an alternative for debtors; (6) lack of screening and analysis to determine suitability of debt relief programs for individual debtors; (7) the collection of substantial up - front fees so the debt relief company gains even if it fails to perform; (8) lack of transparency and information for consumers as to payment of fees, status of accounts, and communications with creditors; (9) significant delays in active negotiation or engagement with creditors, coupled with prohibitions on direct consumer communications with creditors; and (10), in the case of debt settlement companies, basing savings claims (and settlement fees) not on the original account balance, but on the inflated amount due (including late fees and default rates of interest) at the time of settlement.

The FHA loan guidelines are more relaxed than conventional loan guidelines — and this includes less strict regulations about past bankruptcies and / or foreclosures, job requirements, use of alternative credit, and debt - to - income ratios.

In our previous blog post about using a mortgage as a bankruptcy alternative, we discussed using a mortgage to repay high interest credit card an other debt.

You are encouraged to seek independent legal advice before making any decisions about credit counseling, debt consolidation, personal bankruptcy, or any of your other financial alternatives.

You are encouraged to seek independent legal advice before making any decisions about personal bankruptcy, and your bankruptcy alternatives.

As you research and begin to learn more about bankruptcy, the bankruptcy process and alternatives that might be available to you, remember that the information you are reading is only as good as the source.

Proposals are an excellent alternative to bankruptcy, but they are not well known so I suggest you contact a local trustee and ask them about proposals if you are interested in this solution.

This site provides free information about bankruptcy and bankruptcy alternatives to residents of Ontario Canada Frequency about 1 post per month.

For all the talk about alternatives to the billable hour, this recent article entitled «Eight law firms to share $ 30 million in Delta bankruptcy legal fees» demonstrates why that's never going to happen.

To learn more about managing your debt after divorce or information about bankruptcy and bankruptcy alternatives, visit www.bankruptcy-canada.ca and schedule a free consultation with a licensed bankruptcy trustee.

This site provides easy to understand facts and information about bankruptcy and its alternatives.

This site provides free information about bankruptcy and bankruptcy alternatives to residents of Ontario Canada

We encourage you to think (and pray) about considering bankruptcy as an alternative to give you some breathing room until the economy turns around and there are more job opportunities available.

This site provides free information about bankruptcy and bankruptcy alternatives to residents of Ontario Canada Frequency about 1 post per month.