Understanding who can file for bankruptcy can go a long way toward informing you of your options when you have financial issues. It is important to keep in mind that bankruptcy should really be turned to as an absolute last resort for getting out of debt. Here at LeBaron & Jensen, we strive to provide […]
Filing for bankruptcy around tax season can bring up the question regarding what happens to your tax refund during bankruptcy. Your tax refund is the amount that you have essentially overpaid in taxes throughout the year. Many people choose to pay more in taxes throughout the year and receive a tax refund during tax season. […]
Student loans are typically not dischargeable through bankruptcy, though there are options for debt relief in extreme situations. This also changes depending on the kind of loan that has been received. Federal loans or loans obtained through a non-profit organization like a school are unlikely to be dischargeable. However, private loans may be easier to […]
Understanding bankruptcy can be difficult, as bankruptcies are generally complex processes. They are used to essentially give debtors a clean slate after they have obtained significant amounts of debt that they are unable to pay back. There are many different situations in which filing bankruptcy may be required, which is why there are several different […]
Bankruptcy comes with an inherently negative connotation, for very good reason. It is a decision that should be considered carefully, as it can significantly damage your credit and results in many consequences in your life. However, not everything about bankruptcy is bad and there are several benefits to filing for bankruptcy, despite the downsides. However, […]
Bankruptcy has a significant impact on your credit. The overall impact will depend on the type of bankruptcy that is filed, but a bankruptcy generally imposes a harsh penalty on your credit score for 7-10 years. Due to the impact that a bankruptcy has on your credit score, it will be vital to take the […]
Evictions aren’t fun for anyone involved. They are life-disrupting to tenants and can be extremely expensive for landlords. Learning common reasons landlords evict tenants can help both parties prevent evictions from becoming necessary. 1. Nonpayment of Rent Nonpayment of rent is the most common cause of eviction, for obvious reasons. In most cases, […]
Foreclosure fraud is a kind of fraud that takes advantage of those in danger of undergoing foreclosure. If you have fallen behind on your loan payments, there are legitimate options for help. However, you must be wary when determining the best options for you, because a foreclosure scam can be devastating, especially when you’re […]
A lease is a legally binding contract that requires the individual to remain living in the property for a certain length of time. There are several reasons someone may want to break their rental lease. Unexpected job transfers, break-ups, unsafe conditions, or other issues can all provide reasons to break a lease. It is […]
Ejectments and evictions are legal actions that are used in separate circumstances. Both actions are intended to legally remove occupants from a property. The trials for each type of legal action take place in different courts. Eviction cases are held in a landlord-tenant court, while ejectment cases are usually held in a circuit court. […]