FAQs
- What education and/or training do you have that relates to your work?
I attend the annual conventions hosted by the National Association for Consumer Bankruptcy Attorneys.
- What types of customers have you worked with?
In a chapter 7 bankruptcy petition, I assist clients with unsecured debt, including credit card debt, to obtain a fresh start. A client protects his/her assets including real estate (a debtor may keep his or her home in a chapter 7 if he/she is current on the mortgage payments), vehicle(s), household goods & furnishings, savings, jewelry, and so forth and wipes out his/her debt. The entire process lasts 90 days. No monthly payments are required. In a chapter 13 bankruptcy, I assist clients to get rid of their unsecured debt, including an unsecured Home Equity Line of Credit (HELOC) or 2nd Mortgage. The client makes monthly payments according to his/her income. The payments could be as little as $100.00 per month and this includes the balance of attorneys fees, the trustee's commission for administrating the case, and payment towards all creditors. The client merely reports his/her income and expenses, and whatever amount is left over becomes the plan payment amount. Most of my clients are paying between $120.00 to $150.00 per month, unless they are paying back arrears (past due payments) on their residence. The majority of my chapter 13 clients obtained a loan modification first, and now wish to get rid of their second mortgage or HELOC. Loan Modification and Principal Reduction: I assist clients to modify the terms of their mortgage. Specifically, I help them apply for a Making Home Affordable Modification which reduces their monthly payments. Additionally, I assists clients to apply for a principal reduction. To date, our most successful loan modification resulted in a principal reduction of over $200,000.00, and the mortgage payment with taxes and insurance resulted in savings of almost $1,000.00 per month.
- What advice would you give a customer looking to hire a provider in your area of work?
Make a list of questions or concerns you have and bring them to your free initial consult. What you discuss with the attorney is confidential. Be honest. It is better to disclose too much, than to hide anything from the court or from your attorney. Remember, your attorney is on YOUR side!