by John Skiba, Esq. | Jul 29, 2011 | Chapter 13 Bankruptcy, Chapter 7 Bankruptcy
It is an interesting comparison to watch what is going on Washington with their attempts to raise the debt ceiling and comparing that to your own debt issues. The government has bills to pay, no money, and so it wants its credit line increased to be able to make ends...
by John Skiba, Esq. | Jul 8, 2011 | Chapter 13 Bankruptcy, Chapter 7 Bankruptcy
I mention quite frequently in my blogs on and on my website that no one wants to file for bankruptcy. Because of this many people delay their bankruptcy filing even when it will be the best decision in the long run. After having just celebrated the July 4th holiday,...
by John Skiba, Esq. | Jun 22, 2011 | Chapter 13 Bankruptcy, Chapter 7 Bankruptcy
Prior to meeting with me for a bankruptcy consultation many people will have pulled a copy of their credit report to get an idea of the total amount of outstanding debt. Often they will see that certain debts have been “charged off” or “written off” by a certain...
by John Skiba, Esq. | Jun 20, 2011 | Chapter 13 Bankruptcy, Chapter 7 Bankruptcy
A question I get quite often from clients thinking of filing for bankruptcy is how long the actual bankruptcy case will last. The answer to that question depends on what type or chapter of bankruptcy you will be filing. Chapter 7 bankruptcy cases are relatively...
by John Skiba, Esq. | May 27, 2011 | Chapter 13 Bankruptcy
I came across an article MSNBC’s website about the foreclosure mess that we are all currently living through that estimated there have been 5 million homes foreclosed on since this Great Recession started. Considering that the United States has a population of 311...
by John Skiba, Esq. | May 24, 2011 | Chapter 13 Bankruptcy
We all know that our car begins to depreciate the moment we drive it off the lot. If you have poor credit, the value of your car is not only going down, but you are likely saddled with a terrible loan. The worst car loan I have ever seen was on a Hummer, the loan...
