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Can Bankruptcy Remove a Statutory Lien?

In simple terms, lien is a legal claim over a property of a person. There are three types of liens - consensual, statutory and judicial. Each type o...

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Can Unpaid Debt Land You in Jail?

While Debtors' prisons disappeared in the United States in the 1800's, present day elements of that era are being reported in certain states across ...

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Discharging a Deficiency Judgement in Bankruptcy

A deficiency judgment is a court directive against a debtor if the foreclosure sale did not generate adequate funds to fully discharge the mortgage ...

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Foreclosure and Bankruptcy: Important Information about Your Property and Your Money

You are likely reading this article because you have fallen behind on your mortgage payments and either you have been threatened with foreclosure, o...

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Reduce Rental Property Mortgage with a Bankruptcy Cram Down

Chapter 13 bankruptcy has a cram down provision. Using this cram down provision, you can reduce or even wipe out a mortgage on rental property. When...

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