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They say the three most important words in real estate are location, location, location. Likewise, the three most important words in bankruptcy are disclose, disclose, disclose. I will often have clients tell me I dont want my car to be part of my bankruptcy, because I want to keep my car and keep paying on …

Settling your debts in full is a good thing. It can keep you out of bankruptcy, get rid of those pesky collectors, help your credit and let you regain discretion of where your paycheck goes. So when the creditor who you allegedly owe $10,000 offers you a settlement of $2,500, you just saved $7,500, with …

By Stephen Elias, Attorney Republished with Permission  2009 Nolo. How foreclosure procedures work, in both judicial and non-judicial foreclosure states Foreclosure happens when you fall behind on your house payments and your lender uses state procedures to sell your house. Foreclosure works differently in different states. In some states, the lender has to file a …

Republished with Permission  2009 Nolo. Improve a poor credit rating so your next credit check is better. What’s Below: Where do credit reports and credit data come from? How can I get a copy of my credit report? How long can negative information stay in my credit report? What should I do if I find …

Republished with Permission  2009 Nolo. The basic steps involved in a typical Chapter 13 bankruptcy case. Chapter 13 bankruptcy, sometimes called reorganization bankruptcy, is quite different from Chapter 7 bankruptcy. In a Chapter 7 bankruptcy, most of your debts are wiped out; in exchange, you must relinquish any property that isn’t exempt from seizure by …