Discover the untapped power of bankruptcy, a secret weapon of the financially savvy. Here are incredible facts most people overlook: 1. You can become a homeowner in just two years after bankruptcy. It’s truly mind-blowing! Imagine the relief of shedding your...
by John G. Merna WHy Bankruptcy Will Get your credit back on track fast. If you are like most people, you have some beliefs about bankruptcy. The word “bankruptcy” in print or spoken elicits a response. Generally, a negative one. The word can conjure bad...
By John G. Merna, Esq. Inflationary pressures have pushed sub-prime car loan delinquencies to the highest level since 2007, according to Bankrate.com. As many consumers are behind on car loans as was the case as we entered the 2008-2009 Recession. As is always true...
By John G. Merna, Esq. Foreclosures are increasing at an alarming rate. Recent data from MarketWatch shows a staggering seven-fold surge in foreclosures during the first month of this year. According to their reliable sources, approximately 33,000 mortgages have been...
What You Need to Know About Garnishment Exemptions by John G. Merna, Esq. Introduction: What is a Garnishment? A garnishment is a legal process that allows judgment creditors to collect money from the judgment debtor’s wages, bank account, or other...
A foreclosure is the legal process wherein the mortgage lender or judgment lienholder forces the sale of a home by auction to either get the outstanding balance paid by the foreclosure buyer or takes back the title to the property.