By C. Todd Marks | Published August 21, 2013 | Posted in Foreclosure Defense | Tagged Tags: bankruptcy law, deed in lieu, foreclosure defense, mortgage in default | Leave a comment
What is a Deed in Lieu?
Did someone tell you a deed in lieu might be a good option for your situation? And you responded that you would consider it — all the while thinking, “In lieu of what?” The quick answer is: in lieu of foreclosure. And a deed in lieu is, in fact, a quick answer to the problem Read More
Read MoreReasons to Choose Chapter 11
Running a small business can be an exciting endeavor. However, it can also be risky, especially given today’s uncertain economic climate. One way for businesses to handle debt and continue to operate is by declaring Chapter 11 bankruptcy. Most people are familiar with Chapter 7 or liquidation bankruptcy, but what is Chapter 11 and is Read More
Read MoreAre There Alternatives to Bankruptcy?
When debt adds up, knowing where to turn isn’t always easy. For many people seeking relief from debt, bankruptcy sometimes appears to be the only option. However, depending on your circumstances, other options may be better suited for you. For example, you may want to consider some of these bankruptcy alternatives: Negotiate with creditors: One Read More
Read MoreWhat are the Pros and Cons of Filing Chapter 7?
Given the current economy, it’s no wonder why so many people are asking this question. If you are facing an overwhelming amount of debt, Chapter 7 may be right for you. However, understanding Chapter 7 can be difficult. Following are some of the pros and cons of filing for Chapter 7: Pros Fresh start: Depending Read More
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