Videos – Bankruptcy

Welcome to ForeclosureDVD.com where you can learn how to stop your Alabama foreclosure

You are here because you are looking for ways to stop the upcoming foreclosure on your home in Alabama — the good news being at ForeclosureDVD.com is exactly the right place for you. This will not be a long article — instead, we encourage you to watch the video to discover more of your rights and options.  There is a ton of practical information in this video along with the worksheet.  After you finish it, if you want a consultation… (Read more)


Is bankruptcy the only option to stop an Alabama foreclosure?

No — there are many other options to stop a foreclosure in Alabama without having to file for bankruptcy. I understand that when you are facing the loss of your home, it feels the world is closing in on you.  And your friends and family (meaning well) will tell you that your only hope is bankruptcy.  Or just let the foreclosure happen and move out. There are other options. Better options than bankruptcy. Here is a short list and then… (Read more)


“How can filing a chapter seven bankruptcy ‘after’ a foreclosure help me?”

“How can filing a chapter seven bankruptcy ‘after’ a foreclosure help me?” If you have been foreclosed, then a bankruptcy (any type) will not undo the foreclosure. But a chapter seven (7) bankruptcy can minimize any further damage to you. It is not always the right option but it can be a very smart move to make in the right circumstances. Let’s take a look at this situation. “I’ve been foreclosed, what other bad things can happen with my house… (Read more)


“Can filing bankruptcy stop a lawsuit against me?”

“Can filing bankruptcy stop a lawsuit against me?” Bankruptcy normally will stop a lawsuit that has been filed against you. When you file for bankruptcy, as a general rule all lawsuits will be “stayed” or stopped while your bankruptcy petition (i.e. your case or petition) is considered by the bankruptcy court. This means that unless a judgment has been entered against you, then nothing will happen to the lawsuit until the bankruptcy court decides whether your debts will be discharged… (Read more)


Why You Need To Tell Your FDCPA Lawyer If You Plan On Filing Bankruptcy

Why You Need To Tell Your FDCPA Lawyer If You Plan On Filing Bankruptcy. If you are planning on filing bankruptcy, then you need to let your lawyer know who is representing you against a debt collector in your FDCPA (Fair Debt Collection Practices Act) lawsuit. You also need to let your bankruptcy lawyer know you have a lawsuit or a potential lawsuit against a debt collector. In the world of bankruptcy, a lawsuit is an “asset” that may no… (Read more)


Biggest Financial Mistake — Filing Bankruptcy Because Of Collectors?

Biggest Financial Mistake — Filing Bankruptcy Because Of Collectors? Are you considering bankruptcy because you are sick of dealing with abusive debt collectors?  Take five minutes and read this article to understand why this may be one of the biggest financial mistakes you could make. Bankruptcy is a legitimate option if you have no other choice.  Sometimes our debts and income and assets just don’t add up the right way.  This is what bankruptcy is for — to get a… (Read more)


FAQ About How Your Credit Report Should Show Discharged Accounts After Completing a Chapter Seven Bankruptcy

FAQ About How Your Credit Report Should Show Discharged Accounts After Completing a Chapter Seven Bankruptcy I am thinking about filing bankruptcy – what does a discharge mean? First, a discharge is where you no longer owe the debts that are included in bankruptcy. The creditor cannot ever try and collect the debt from you. You can imagine a wall has come up between you and the creditor and the creditor cannot climb over, around, or under the wall to… (Read more)


What Are the Advantages of Filing a Chapter 7 Bankruptcy in Alabama?

For most consumers, a chapter 7 bankruptcy is better than filing a chapter 13 bankruptcy. We want to share a few reasons why we feel this way by answering questions that are often asked. What is the difference in a chapter 7 bankruptcy and a chapter 13 bankruptcy? A chapter 7 bankruptcy is referred to sometimes as “straight bankruptcy” while a chapter 13 is often called “debtor’s court.” The basic concept of each is fairly simple. A chapter 7 bankruptcy… (Read more)


John, Why Don’t You File Chapter 13 Bankruptcies in Birmingham, Alabama?

As you may know from reading our materials that we have offline (books, reports, etc.) and online (web sites, blogs and videos), then you’ll know that while our focus is on suing abusive debt collectors and mortgage companies, we in the past would file a small number of Chapter 7 bankruptcies but we will not file Chapter 13 bankruptcies in Birmingham, Alabama. While this is not a decision set in stone, at the time of this writing we have no… (Read more)


Debt Collection Before, During, and After Your Bankruptcy

Debt Collection Before, During, and After Your Bankruptcy You’re probably thinking about filing for protection via bankruptcy (chapter 7 or 13). You may wonder, “What does this mean for debt collectors who are coming after me?”  Who are calling me or writing me collection letters? Before Filing for Bankruptcy Debt collectors can continue to collect against you but they must follow the law, especially the Fair Debt Collection Practices Act (FDCPA). If they don’t, then you can look into suing… (Read more)


Incorrect Credit Reporting After Bankruptcy

Incorrect Credit Reporting After Bankruptcy Errors with credit reports after you have filed bankruptcy are very common and you need to fix these errors so that you can get your fresh start after bankruptcy. Your credit score can be wrongfully driven down by errors in your credit report. Fortunately, credit bureaus (such as Equifax, Experian, and Trans Union) have an obligation to provide accurate reports with no errors.  If you have errors, those can be fixed or you can sue… (Read more)