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Tag Archives: Bankruptcy

How To Correct Credit Bureau Errors

Sunday, March 7, 2010

If there is a mistake in your file, you must challenge it. Most credit bureau errors can be corrected by providing receipts to prove that you’ve made a payment, or by getting the bureau to check with the creditor. Simply fill out a form requesting the appropriate item be removed from your file, making mention [...]

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Divorce and Bankruptcy In LA (Dennis and Sandra)

Sunday, January 3, 2010

Dennis and Sandra were married when they were 27 years old (Dennis was 28 actually, and Sandra was 27). Dennis worked in an auto body shop and made a fairly good earning due to the many hours he put in. Sandra also worked – as a checkout girl at the local Wal-Mart. They were never [...]

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Definition of a Fraudulent Conveyance

Thursday, January 22, 2009

There is a legal doctrine known as “fraudulent conveyance” that also comes into play when friends and family do business. Basically this is a legal doctrine which protects the rights of creditors from the effects of certain “friendly transactions”.

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Should I Declare Bankruptcy?

Wednesday, January 7, 2009

A last resort is bankruptcy, and you should never take the step without adequate legal advice before hand. The reason is that under the Fair Credit Reporting Act (FCRA) a bankruptcy will stay on your credit record for up to 10 years. (All other negative information will stay on your record for up to seven [...]

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