Saunders Law Group, Ltd.

Statute of Limitations for Home Foreclosures: Getting your home foreclosed on is one of the worst things that can happen as a homeowner. However, there are some circumstances that may qualify you to be able to fight your home foreclosure. If the lender takes a significant amount of time to initiate a foreclosure after you stop making your mortgage payments, the

Is Your Foreclosure Illegal?: Unfortunately, home foreclosures are a reality for many homeowners in today’s economy. However, there are some steps that are available to take to help fight your home foreclosure. If there was not a proper assignment of mortgage on your home, you may be able to fight the foreclosure of your home. You sign two separate

Bankruptcy Exemptions Can Help Save Your Property: When you file for bankruptcy, it does not mean that you have to give up all of your assets and belongings. Exemptions are available to allow you to keep some of your property when you are going through a bankruptcy. Exemptions play large roles in Chapter 7 and Chapter 13 bankruptcy cases, but those are

Common Bankruptcy Mistakes to Avoid: When you file for bankruptcy, it is important to make sure that you honestly fill out all of the paperwork, attend all mandatory hearings, and follow all of the federal and local rules. If you fail to do any of these things, the court or trustee can dismiss your entire bankruptcy case. Make sure to

Is Your Chapter 7 Bankruptcy Case Really Closed?: If you went through, or are currently going through a Chapter 7 bankruptcy case, your case may not be over when you think it is. A Chapter 7 bankruptcy case does not officially close until a document called the Final Decree is entered, not a discharge. Make sure you know when your Final Decree is

Tax Levy Basics: If you owe taxes and do not repay them, tax collectors may simply take what you owe from your earnings or your bank accounts, in what is called a tax levy. Taxing authorities, such as the IRS, have much more power of your assets than other creditors, and have the power to ask for payments

Your Rights When Your Wages are Garnished: A wage garnish is court ordered and usually happens when you owe child support, student loans, or back taxes. If your wages are garnished your company will send your paycheck directly to whomever you owe money to until your debts are paid off. Different rules for garnishment vary depending upon the type of debt you

The Process Of Chapter 13 Bankruptcy In 7 Steps: Filing for bankruptcy is a long and tedious process. Here are Chapter 13 bankruptcy steps listed out to make it more easy and understandable. Step 1-You file your bankruptcy. A few days after you will be appointed a trustee to oversee your case. Step 2- You will be given a Notice of Chapter 13 containing

Keeping Your Jewelry From Bankruptcy: If you have precious jewelry that you don’t want to lose to bankruptcy you don’t have to fret. Certain states will let you keep your lovely engagement ring even if you file a chapter 7 bankruptcy. Chapter 7 bankruptcy requires you to give up personal property that can be sold to repay your creditors. The

3 Options To Get Your Small Business Out Of Debt: If your small business is in debt and falling apart because of it, bankruptcy can possibly save your business. You are liable for business debt if you are a sole proprietor or a partner of a partnership. This means that if your business does not pay its debt off, they can take personal assets of

Qualify For A Loan Modification Without Missing Payments: Are you wondering whether you should cease paying your mortgage in order to be eligible for a loan modification? Well, don’t! This can cause you very serious financial problems. In fact, nowadays you may qualify for a modification even if you are up to date with your mortgage payments! There are three things you need

A Foreclosure Defense Can Help You Keep Your Home: Going to foreclosure on your home does not necessarily mean that you’re going to lose it. Oftentimes, lenders are foreclosing on homes in high volume and aren’t as careful as they should be with the paperwork. This is something that you can use to your advantage in a bid to save your home through the

Bankruptcy May Save Your Home: Have you missed a couple mortgage payments, and are frightened of foreclosure? If so, your first step should be to file for bankruptcy. This might be what you need to save your home, or at least buy you a little more time to get your affairs in order. The second you file, an automatic stay