Should You Be Putting Money Into The Bank After Chapter 7 Bankruptcy?
After Chapter 7 bankruptcy, you’re going to want to start building your financial world again.
You’ve taken a body blow and likely aren’t in the best financial shape, and you’re looking for ways to get back on top.
Then you see it, looming on the corner – the bank.
Dare you approach it?
It depends. There are a few players in this massive chess game, and you need to be aware of them all.
Let’s review them in turn and assess the landscape. [Read More...]
Bankruptcy Alphabet
Z Is For Zombie (Debt)
We’ve already talked about the fact that Harlan Ellison is the inspiration for the bankruptcy alphabet. He ended his Chocolate Alphabet with “Z Is For Zombie” so I thought it fitting if I did the same for you. In the world of bankruptcy, there is nothing more frightening than a zombie. Not the flesh-eating, lumbering [...]
Y Is For Yo-Yo
When I was 19 years old, I weighed 200 pounds. At 5′ 7″ (ok, 5′ 6.75″ – but I’m close) this was clearly an unhealthy weight for me. In order to right the ship I went on a crazy diet for an entire summer, returning the college at 148 pounds. How did I do it? [...]
X Is For Xenocracy
Once upon a time, our financial system was our own. We fell a bit short one week, asked Gus at the local store to let us slide until next pay period so we afford food for the family. Poor old Gus is gone now, and for the most part so is the local mom-and-pop store. [...]
Recent Content
Why A Short Sale After Bankruptcy Just Isn’t Worth The Hassle
You filed for bankruptcy and now are contemplating a short sale. Maybe you got a phone call or a letter from some “workout consultant” who “specializes” in these sorts of things. Perhaps a real estate broker called to let you know someone wanted to buy your house but it would need to go through a [...]
Did Occupy Wall Street Steal A Brooklyn Home?
Last month the Occupy Wall Street movement took over a Brooklyn house in foreclosure, with the stated intent of rehabilitating the property for the use of a homeless family. The new family apparently hasn’t moved in yet, and the homeowner is claiming that he wants the property back. Seems as if he abandoned the house [...]
Those Pesky Long Island Homeowners Dare To Upset The Foreclosure Apple Cart
New York Newsday is reporting that foreclosures fell on Long Island in December 2011 as compared with a year earlier, but don’t break out the bubbly quite yet. As the article states: California-based RealtyTrac said foreclosure-related filings in Nassau and Suffolk fell by 34 percent in December, to 527, from a year earlier. For all [...]
