Alexander Bankruptcy Law Firm blog

What should you look for in a bankruptcy attorney?

2012-05-31T14:44:00.002-07:00

When selecting a bankruptcy attorney, not all are equal. The costs especially can be very different. Look for an attorney who discloses all of their fees and costs upfront. Some attorneys will not...

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Will I owe taxes on a short sale or foreclosure?

2012-05-29T10:28:00.001-07:00

I am a bankruptcy attorney in Phoenix ($995/Chapter 7) and frequently deal with client issues involving short sales, foreclosures and mortgage loan modifications. One situation that arises frequently...

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$599 bankruptcy: Too good to be true?

2012-05-22T17:05:00.002-07:00

I am a bankruptcy attorney ($995/Chapter 7) and frequently see all too many bankruptcies advertised at super low prices turn into much more than advertised for. When you shop around for a bankruptcy...

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How to Pump Up Your Credit Score

2012-05-19T15:05:00.000-07:00

ONE prescription for avoiding another real estate bubble is that banks tighten up mortgage requirements. Now, a new Federal Reserve report indicates that lenders have indeed been doing just that. ...

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Wells Fargo Foreclosure Leads Man To Commit Suicide

2012-05-19T14:52:00.003-07:00

Norman and Oriane Rousseau were one more couple pushed by a huge, greedy bank to the brink of homelessness. On Sunday, desperate and with nowhere to go, Norman Rousseau shot himself. This is the...

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Foreclosed Americans Find Way Back to Homeownership

2012-05-19T14:49:00.004-07:00

When Jennifer Anderson's family could no longer afford their mortgage and lost their home, she expected many years to pass before they would again become property owners. But less than two years...

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Foreclosures Fall...And That's a Bad Thing?

2012-05-19T14:47:00.000-07:00

A new report came out this week with a curious headline: "Foreclosure Activity Declines, Hurting Investors." I read it twice. You would think declines in foreclosure activity would be a good thing,...

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Foreclosures down, short sales up. Are banks getting smart?

2012-05-19T14:44:00.001-07:00

The number of foreclosures in April fell to their lowest level since 2007 – and one reason is that lenders are getting smart. Instead of foreclosing on people, a costly and lengthy process, they're...

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Study: More Than Half Of U.S. Bankruptcies From Medical Bills

2012-05-19T14:37:00.000-07:00

In an economy where many Americans are living paycheck to paycheck, imagine a $10,000 medical bill or even $50,000. That is at the low end of the medical bills some patients are piling up. A study...

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Will Bankruptcy Eliminate All Of My Debts?

2012-05-19T14:06:00.001-07:00

If you’re thinking about bankruptcy in Arizona, you should understand the different chapters of Arizona bankruptcy available to determine which type is best for you. Determining which type of...

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Contrary to popular belief, bankruptcy may help your credit score

2012-05-19T14:02:00.001-07:00

Have you heard that bankruptcy will ruin your credit for 10 years? This is a common misconception. The correct information is that the notation of bankruptcy may stay on your credit report for up to...

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Ask the Attorney: Debt Management or Bankruptcy?

2012-05-19T13:58:00.001-07:00

Q: I am up to my neck in credit card debt and don’t know where to turn. I keep hearing all of these commercials for debt management programs that make bankruptcy sound like the worst thing ever....

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LightSquared Files Bankruptcy After Network Blocked

2012-05-19T13:55:00.000-07:00

LightSquared Inc. filed for bankruptcy, saying it will seek to resolve the concerns of U.S. regulators who thwarted the company’s plan to deliver high-speed wireless to as many as 260 million people....

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Octomom's Bankruptcy Rejected

2012-05-19T12:04:00.000-07:00

On Wednesday Octomom's Bankruptcy Rejected was a top story. Here is the recap: (TMZ) You can't get un-pregnant, but apparently you can go un-bankrupt -- because TMZ has learned Octomom's bankruptcy...

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Silver Legacy Resort files for bankruptcy

2012-05-19T12:03:00.000-07:00

The Silver Legacy Resort Casino has filed for Chapter 11 bankruptcy, but its owners said it won't affect the ongoing operations or any of the 1,800 employees at one of the largest hotel-casinos in...

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Watchdog Asks To Stub Pot Grower’s Bankruptcy

2012-05-19T12:02:00.001-07:00

The feds are burned out with a medical marijuana grower that it suspects isn’t quite taking its bankruptcy case seriously. A federal court watchdog wants a judge to dismiss the Chapter 11 bankruptcy...

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Theft and fraud by crews push airline towards bankruptcy

2012-05-19T12:00:00.000-07:00

THEFT, fraud and abuse of perks by pilots and crew has set India's national carrier on course to bankruptcy, the aviation minister has claimed, with staff caught stealing whisky and caviar, and being...

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Filing bankruptcy can save your home from foreclosure

2012-05-16T14:47:00.000-07:00

I am a bankruptcy attorney in Phoenix ($995/Chapter 7) and one additional way I am able to help my clients is to save their homes from foreclosure. Did you know that the instant you file bankruptcy,...

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Wells Fargo Now Refusing To Waive Deficiency Rights On Freddie Mac Short Sales

2012-05-14T18:24:00.001-07:00

Good old Wells Fargo is up to their tricks again. Only this time, they may be playing with fire. If you haven’t already heard, Wells Fargo instituted a policy that went into effect on 5/1/12. From...

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When is foreclosure right for you?

2012-05-05T09:05:00.001-07:00

Great piece over at Prescott eNews analyzing when you should consider foreclosure. Generally, short selling is always better. Not only do you walk away free and clear here in Arizona, but you might...

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Filing bankruptcy in Arizona: Can I hide any of my assets?

2012-05-03T10:35:00.001-07:00

I am a bankruptcy attorney in Phoenix ($995/Chapter 7) and frequently clients ask me if they have to report everything they own. One potential client came in for a free consultation and asked us if...

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Income cap for filing Chapter 7 bankruptcy has dropped

2012-05-01T11:02:00.001-07:00

I am a bankruptcy attorney in Phoenix ($995/Chapter 7) and one of the changes made to federal bankruptcy law in 2005 was to put in income eligibility caps. If you make more than the median income in...

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Jailed for $280: The Return of Debtors' Prisons

2012-04-24T11:51:00.000-07:00

How did breast cancer survivor Lisa Lindsay end up behind bars? She didn't pay a medical bill -- one the Herrin, Ill., teaching assistant was told she didn't owe. "She got a $280 medical bill in...

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AG HORNE FILES LAWSUIT ALLEGING CONSUMER FRAUD VIOLATIONS AGAINST LOAN MODIFICATION COMPANY

2012-04-24T11:07:00.001-07:00

April 23, 2012Press Release For immediate Release Contact: Amy Rezzonico (602) 542-8019 www.AZAG.gov | Facebook | TwitterAG HORNE FILES LAWSUIT ALLEGING CONSUMER FRAUD VIOLATIONS...

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Student Loan Forgiveness Act Introduced in Congress

2012-04-17T14:20:00.000-07:00

US House Representative Hansen Clarke from Michigan introduced HR 4170, or the Student Loan Forgiveness Act, on March 8th, a bill that is extremely important in this economy, especially to the...

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