February 5, 2012

Bankruptcy and Divorce

Chapter 13 may give you hope against a hopeless modification process

I frequently tell new bankruptcy clients -- often college-educated, middle- to upper-middle class people who never dreamed they'd be in this position -- that bankruptcy is the new divorce. Long ago, divorce was extremely rare and resulted in a social stigma. No one marries planning to divorce; we make the best decision we can, with the information we have, and plan for a long and happy … [Read more...]