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Do I Still Owe Secured Debts (Mortgages, Car Loans) After Bankruptcy?

Yes and no. The term “secured debt” applies when you give your lender a mortgage, deed of trust, or lien on the property as collateral for your loan. The most common types of secured debts are home mortgages and car loans.

6 min read

SJC: No Spousal Equity in Bankruptcy

The Massachusetts Supreme Judicial Court ruled Monday that spouses do not share the equality they would see in other proceedings, such as divorce, when one of them has a matter before a bankruptcy court. Justice Judith A.

6 min read

TOP TEN Widespread Consumer Law Violations!

The National Consumer Law Center has published its 2011 list of TOP TEN consumer law violations.

6 min read

Will My Utilities Be Turned Off If I File Bankruptcy in Colorado?

Thanks to those who participated in this week’s Legal Q&A Forum! Our winner is Katie K. from Boulder, who asks: “Will My Utilities Be Turned Off If I File Bankruptcy in Colorado?”

6 min read

Unable to pay its debts - the balance sheet test revisited

The balance sheet test for insolvency (section 123(2), Insolvency Act 1986), first addressed by the High Court in August 2010, has been revisited on appeal.

6 min read

How Foreclosure Works

Foreclosure occurs when you fall behind on your house payments and your lender takes legal action to sell your house. Foreclosure works differently in different states.

6 min read