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Wells Fargo/Wachovia Bank Is Freezing Bank Accounts Of Bankruptcy Debtors: Get Your Money Out While You Can
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| If you file bankruptcy with a checking account at Wells Fargo/Wachovia bank you have a problem. This bank has decided to freeze checking accounts of any customer who files bankruptcy. No, the debtor does not owe the bank or its... |
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My First Chapter 13 Mortgage Mediation: A Waste Of Time Because Bank Unprepared
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| I was involved in my first mortgage modification today under the Orlando bankruptcy court’s mortgage mediation program for Chapter 13 debtors. The scheduled mediation was a complete waste of time. The bankruptcy court issued its newly adopted standard mediation order... |
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Hooray For Another Honest Bankruptcy Debtor!
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| I enjoy writing about honest bankruptcy debtors because their true stories belie the perception that all people filing bankruptcy conceal or undervalue their assets. (not denying that some bankruptcy debtors lie on their petitions) A guy calls me from Tampa... |
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U.S. Supreme Court Ruling Addresses Appreciation Of Debtor's Assets During Bankruptcy Case
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| Debtor owns an appreciating asset- land, a business etc.- and files a Chapter 7 bankruptcy petition which assigns a low value to the asset which value is below the debtor’s exemption limits. The trustee does not challenge the value or... |
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Credit Repair After Bankruptcy
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| One of the major concerns of bankruptcy debtors is their credit rating. Credit ratings, while important to all, are especially important to bankruptcy debtors who usually emerge from bankruptcy with little cash and no assets. They need to reestablish credit... |
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Debtor Faces Judgment And Bankrutpcy With His Name On Title To His Parents' Home: Will The House Survive?
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| It happened again- a parent puts their home in their child’s name, and then later a judgment against the child exposes the parent’s home to the child’s creditors. In this instance, a caller stated that his elderly parents living in... |
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