Introduction to Repossessions

Posted by on Mar 10, 2011 in Bankruptcy, Consumer Debt, Debt Collections Defense, News | 0 comments Repossession is the process through which your creditors take certain property back in the event you fail to make your payments. We have all watched television shows or movies where the infamous repo man enters the driveway of a home, hitches the car to a tow truck, and attempts to drive off. Sometimes, the repo man (or woman) is confronted by people in the house and other times the repo man...
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The Basics of Chapter 13 Bankruptcy, part 1 of 3

Posted by on Feb 25, 2011 in Bankruptcy, Consumer Debt, Debt Collections Defense, News | 0 comments When most people say they are looking to file for bankruptcy, they are thinking of a chapter 7 bankruptcy- not a chapter 13. There’s good reason for this. A chapter 7 bankruptcy allows you to discharge all of your unsecured debt, the bulk of which for many people is credit card debt. However, for those unfortunate enough to not be eligible to file for a chapter 7 bankruptcy because their...
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The Repo Man

Posted by on Feb 23, 2011 in Bankruptcy, Consumer Debt, Debt Collections Defense, News | 0 comments Many individuals are familiar with the concept of a “repo,” and most people have joked about the “repo man” who comes to take your car when you stop making your monthly payments. However, the law provides safeguards against repossessions to ensure that, if they do occur, they occur peacefully, which is completely the opposite of what we have all come to see in Hollywood movies and...
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