Posts Tagged ‘judgment’
Credit Counseling vs Bankruptcy
http://www.MtgMinute.com In this Mortgage Minute, Credit Counseling vs Bankruptcy, I compare and discuss not well known facts about Credit Counseling and Bankruptcy that could have major consequences in your life.
In this Mortgage Minute series I will give you specific useful ideas as well as background so you can be confident in your broker while avoiding many of the headaches and problems that typically occur in a purchase or refinance transaction such as Your Credit, Credit Repair, Credit Counseling, Credit Cards, Identity Theft, Credit Theft, Bankruptcy, and Foreclosures. I’ll also share with you my own perspective on the Mortgage Industry as it exists today and how changes in the Mortgage Industry Regulations can hurt you if you’re not aware.
Duration : 0:2:32
Life After Bankruptcy
Are you worried about getting credit cards, car loans, jobs, or other things as a result of your bankruptcy? Watch this video and learn why those fears are unfounded.
www.TowLawBankruptcy.com
Duration : 0:1:16
Documents Needed for Preparing Your Bankruptcy
I’m Dave Kelly. I’m a lawyer practicing in the Minneapolis, Minnesota area. It seems I am spending an increasing percentage of my time preparing and filing bankruptcies. The biggest part of the project is usually preparing the petition.
Plan on at least three sessions in my office of about an hour and a half duration. There should be a more efficient way of doing it, but I haven’t found it. It seems to me that if you don’t take the proper time, there’s a lot more risk.
The petition is a document that runs about 45 pages and contains about a thousand questions, all of which must be answered carefully and truthfully. The rule here is to make full disclosure. When you sign this document, it is under penalty of perjury. I have never been comfortable doing it any other way than going through the whole thing line by line. I have top-of-the-line software for preparing the petition. This is necessary because some of the forms contain complicated calculations based on U.S. Census data or IRS data. What I do with my clients is sit down with the computer monitor turned where they can see it and start going through the questions one at at time.
The list of what I may ask you to bring to me can vary quite a bit from case to case. Typically, however, I will be asking you to bring me at least the following:
Pay check stubs for all employment income during the past seven months.
Your state, federal and property tax returns for the past two calendar years.
Statements for all of your bank accounts for the past seven months.
Recent statements for your mortgages, home equity loans and automobile loans.
A list of all your debts along with a stack of your most recently received bills for each one.
A copy of the deed to your home and copies of deeds to any other real estate you may own.
Paperwork on any legal action which is currently pending or which ended in the past two years.
A credit counseling certificate from a qualified agency. Here is a link to the court’s list of qualified providers.
A recent credit report for yourself. The best place to get such a report is http://www.annualcreditreport.com.
This video is for general information purposes only and is not intended to be legal advice. Use of these materials does not create an attorney-client relationship. I recommend that you consult the attorney of your choice concerning the details of your cae.
David J. Kelly, Attorney
Kelly Law Office
A Debt Relief Agency under the Federal Bankruptcy Code
10709 Wayzata Blvd. #205
Minnetonka, MN 55305
952-544-6356
dave@kelly-law.com
http://www.mn-bankruptcy.com
Kelly Law Office represents bankruptcy clients throughout the Twin Cities – Minneapolis, Minnesota area including Bloomington, Edina, Minnetonka, Eden Prairie, St. Louis Park, Wayzata, Plymouth, Maple Grove, Brooklyn Park, St. Paul, Anoka, Shakopee, Hastings, Eagan, Burnsville, Buffalo, Hennepin County, Anoka County, Carver County, Scott County, Ramsey County, Dakota County, and Wright County.
Duration : 0:4:32
