After Filing For Everything Else, There's Cash.

Contact Attorney David L Nelson 877 FILE AWAY BK

Over the last dozen years I have seen so many people who have taken out 2nds to pay off credit cards and often I could have saved the home equity, and eliminated the problem so that they didn't get into trouble again. Then they run up the credit cards again and end up calling me anyway. The problem is not the credit card balances; it is the use of the cards. Paying off the cards leaves the person with open credit lines but while their overall monthly payments have gone down because the payment on the 2nd mortgage is lower than the total payments on the credit cards had been, they then run up the credit cards again and now they have a new problem, they have the same credit card payments as before the 2nd mortgage because all the cards are maxed out again and they also have a 2nd mortgage to pay as well. Now the excitement level in the home is also at a maximum as spouses or domestic partners are fighting all the time. Who's fault is it, who spent the money? Who cares. Get rid of the Debt and GET rid of the CARDS too and kiss and make up. I know several great divorce attorneys with plenty of gray hair and experience ... but why? Stop fighting each other and let's fight CitiGroup together.

Solution: File Bankruptcy the first time around because guess what, most of the time, I can help you keep the house, get rid of the cards and now your monthly payments do go down by the amount of the montly payments on the cards without adding a 2nd mortgage, the nest egg is protected and the cards are all closed. At that point, you may need to find more income, depending on your circumstances, (I also do small business consulting if you need) but at least you won't be looking to file a bankruptcy after having given up your home equity and getting stuck with a fat 2nd mortgage payment.

Please tell a friend, tell the ones that are fighting all the time. Home prices have dropped so much that most folks right now can file, keep the house with all the equity and get rid of the cards. Don't get a mortgage to get rid of your debts, it doesn't get rid of your debts, it only pushes it to your house and screws you in the long run. So what if it saves your credit rating. Your credit rating is what got you into trouble in the first place. You need to save your equity, your money, for retirement, not your credit rating. You can't eat a credit rating once you retire, when your income drops to retirement income you will wish you had your equity instead of a fictitous ability to buy real estate which you now can't really buy anymore because your income has dropped.