Benner & Weinkauf, P.C.

Loss mitigation is the first option for many homeowners. If a homeowner applies to the lender during the 120-day window for loss mitigation, the lender may postpone the starting date for the foreclosure.

Foreclosures are initiated by lenders and are not voluntary for property owners.

Prior to any short sale, a mortgage lender will require documentation that explains why the short sale is a financially reasonable option, and the lender must concur with the choice to move forward with the short sale.

You should speak to a foreclosure attorney who can discuss your options and advise you about your rights.

Even though you may lose your credit cards or other forms of secured and unsecured loans during bankruptcy, you will likely secure forms of financing after filing.

You are dealing with significant issues here, and the home of your family. So, you want to have all the facts so that you can make the best legal and financial decisions possible.

By filing chapter 13 bankruptcy, you may be able to avoid paying down a 2nd or 3rd mortgage.

Lien stripping can only usually be used to strip your 2nd (or 3rd) mortgage if the amount of the senior liens on the property exceeds the home’s current market value.

Lien stripping is a legal strategy that allows you to rid yourself of 2nd or 3rd mortgages or any “junior liens”.

In life, financial situations occur that you never expected to experience. During these times, paying your first mortgage may become difficult, thus making paying a 2nd mortgage intolerable.

The IRS can seize many different types of property in order to satisfy debts, including: cash in bank accounts, homes, cars, boats, rental income, retirement accounts, accounts receivables.

The terms “lien” and “levy” may sound similar, but they are different. A lien is simply a legal claim to property to secure a debt, whereas a levy involves actually seizing the property in order to repay a debt.

Reaching a favorable offer in compromise with the IRS is not easy.

Only certain taxpayers are eligible for an offer in compromise with the IRS.

The IRS offers several options to taxpayers who are unable to pay their taxes.

Many people can eliminate their second mortgage simply by filing for Chapter 13 bankruptcy. This is because of a process that is known as lien stripping.

Debt relief can take on many different forms, including: Chapter 7 Bankruptcy Chapter 13 Bankruptcy Debt Settlement/Negotiation Loan Modification Debt Consolidation

Nearly everyone has debt, so it’s hard for some people to determine whether or not they have enough debt to justify seeking relief.

If you are unable to make payments, it’s in your best interest to work with an attorney to negotiate with your creditors.

The attorneys at Benner & Weinkauf will negotiate with your creditors in an effort to reach a favorable settlement on your behalf.

Chapter 7 bankruptcy is often referred to as the “liquidation” bankruptcy.

Filing for Chapter 7 or Chapter 13 bankruptcy is one way to deal with credit card debt.

It’s important to understand when it’s appropriate to seek credit card debt relief. Since most people have credit card debt, simply having this debt is not enough to justify seeking help.

If you are in debt and at risk of losing your assets, it’s in your best interest to contact the skilled asset protection and bankruptcy attorneys at Benner & Weinkauf as soon as possible.

There are laws that outline which assets creditors can and cannot take when collecting from a debtor.

If you lose a court case against a creditor, the judge will enter a judgement against you. This judgement will allow the creditor to take some of your assets in order to repay a portion or all of the debt you owe.

Filing for bankruptcy can help many people achieve their financial goals, but unfortunately, there are some some drawbacks to declaring bankruptcy.

Deciding whether or not to file for bankruptcy is not easy. Will it be worth it? The answer to this question will vary on a case-by-case basis. Everyone’s situation is unique, so bankruptcy might not be the right solution for you.

People file for bankruptcy when they are experiencing financial hardship, so you may find it odd that filing for bankruptcy isn’t free. There are certain fees that you will need to pay in order to file for bankruptcy in Plymouth, Massachusetts.

It’s important to know what to expect if you file for bankruptcy in Massachusetts. Filing for bankruptcy will immediately trigger an “automatic stay.” This will temporarily stop bill collectors in their tracks.

With the help of contact form https://bennerweinkauf.com/contact-us/

(781) 207-9753

100 Independence Dr a122 Hyannis, MA 02601

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