• home
  • attorney profile
  • practice areas
  • resources
  • blog
  • contact

As a Miami Florida attorney practicing real estate law, Lisbet Campo, Esq. provides legal counsel and representation to parties involved in commercial and residential real estate transactions. If you have a legal issue in Miami-Dade, Florida, or anywhere in the State of Florida contact attorney Lisbet Campo to discuss your situation.

Home >>Blog >>
Entries Rss

  • Search

  • Categories

    • Bankruptcy
    • Real Estate
  • Recent Posts

    • Chapter 13 Bankruptcy Automatic Stay
    • What Will Happen If Your IVA Fails
    • Bankruptcy Information
    • Reasons Why People Go Broke
    • Bankruptcy Loans
    • Avoid Bankruptcy
    • Chapter 13 Bankruptcy
    • Eliminate Credit Card Debt
    • Reasons You Might Have to File Bankruptcy
    • Foreclosures
  • Archives

    • July 2010
    • June 2010
    • May 2010
    • April 2010
    • March 2010
    • February 2010
    • January 2010
    • December 2009
    • November 2009
    • October 2009
    • September 2009
    • August 2009
  • Lisbet Campo, PA.

    • About Lisbet Campo, PA.
  • Tag Cloud

    Avoid Bankrupt Bankruptcy Chapter Chapter 7 Chapter 13 Credit Credit Card Credit Score Debt Debts Economy financial Foreclosed Foreclosure Foreclosures Government Home Homes House Jobs Loan Loan Modification Modification Modifications Money Mortgage Obama payment payments Personal Bankruptcy Plan President Property Relief REO Sale Sales Short Short Sale Short Sales Stimulus Tax tip Tips
  • Calendar

    December 2009
    M T W T F S S
    « Nov   Jan »
     123456
    78910111213
    14151617181920
    21222324252627
    28293031  

Archive for December 2nd, 2009

A Look Into Bankruptcy

Wednesday, December 2nd, 2009

When your business has been losing and looking like it’s never going to be saved, filing for bankruptcy might be an option. However, it’s important to remember that this won’t look very good on your track record as a businessman. Filing for bankruptcy will have negative effects that will compromise your credibility so it would be wiser to consider other alternatives.

Bankruptcy is a legal acknowledgment of a businessman’s or corporation’s inability to settle debts. Of course, when a business files for bankruptcy, it cannot make enough money to pay what it owes other individuals or corporations. Certainly, this will save the business from paying off its obligations. However, it doesn’t necessarily come without a price. This will naturally create a negative impression on everyone else. The most serious effect of filing for bankruptcy would be the bankrupt businessman’s difficulty in finding creditors in the future. This is because having been once bankrupt gives an indication that the businessman may not be very capable of handling his finances effectively enough. And when he can’t manage his money properly, he probably can’t pay his debt.

Full Article

For More Information Visit: http://www.miamifloridarealestatelawyer.com

  • Share/Bookmark

Tags: Bankruptcy
Posted in Bankruptcy | No Comments »

Bankruptcy Info

Wednesday, December 2nd, 2009

Say the word bankruptcy and anyone would know that it means something really bad. In the past years, bankruptcy has occurred to small and large businesses, and has caused a lot of people to lose their jobs and primary sources of income. If you think that it is something t6hat one can easily get out of, then you are wrong. Bankruptcy is a problem that can cause damages one has to deal with for life. As much as you can, do your best to stay away from its trap. There are ways for you to stay away from it, and you have to keep at the ways so that you would not get even close to it. Many people who were able to get out of bankruptcy did so after long periods of difficult times.

There are different kinds of bankruptcy. Chapter 7 is the worst, and is also called total bankruptcy. This type would stay on your credit report for a long time of ten years. This is not all. You would have to file loan applications, job applications and other ways for you to get out of it, and these would be reflected on your personal record. Losing money really tarnishes one’s image. Many times, when you are trying to get a loan or a new job, you would be asked if you have every filed for bankruptcy. Even after years of its occurrence, you can still be haunted by it.

Full Article

For More Information Visit: http://www.miamifloridarealestatelawyer.com

  • Share/Bookmark

Tags: Bankruptcy
Posted in Bankruptcy | No Comments »

Stopping Foreclosure

Wednesday, December 2nd, 2009

As long as you’re still living in the house, you have a chance to stop the foreclosure on it. But please, do not think it’s going to be easy; it’s not, it’s going to take work, and a lot of it too. So the sooner you begin fighting the issue from your end, the sooner you may be done with it. But you can not stop that fight before it is over; otherwise all indeed will be lost.

A foreclosure notice isn’t the end of the world. If anything it is a start, the beginning. But it is a battle that you can win, if you fight it to the end. So don’t cave in when you are faced with such tough, hard challenges.

Some people like to fall into whatever life lays out before them. You’ll find families like that just pack their stuff and hit the streets when a foreclosure notice comes along. But winning in life is not about giving up without a fight. Even if you’ve to get dirty, you should not let them take your home. Give it whatever it takes, and fight that repossession to a standstill.

Full Article

For More Information Visit: http://www.miamifloridarealestatelawyer.com

  • Share/Bookmark

Tags: Foreclosure
Posted in Real Estate | No Comments »

Stop Foreclosure

Wednesday, December 2nd, 2009

The foreclosure crisis has brought about some really aggressive programs to help struggling homeowners nowadays, even those who are unemployed. This comes as a surprise to many homeowners who have lost their jobs. They think their situation is hopeless and are completely unaware that help is available to stop foreclosure – even for them. What exactly is this “stop foreclosure” help? It’s the Obama Administration’s $75 billion Making Homes Affordable Program. One aspect of the program is helping homeowners who have lost jobs. This is a critical component of the program, as many of the home foreclosures happening now are due not to subprime loans, but to job loss.

If a homeowner can prove that they can qualify for unemployment benefits for nine months, along with meeting other stipulations, they can get a mortgage modification. The program has come under fire by many critics for not helping as many homeowners prevent foreclosure as it promised when it was initially rolled out. The original goal was to help 4,000,000 homeowners prevent foreclosure by various forms of home loan modifications. To date, only about 675,000 homeowners have been helped. The administration recently decided to put some muscle behind this program by considering fines and other sanctions against top mortgage providers who aren’t doing enough to help homeowners stop foreclosure.

Full Article

For More Information Visit: http://www.miamifloridarealestatelawyer.com

  • Share/Bookmark

Tags: Foreclosure
Posted in Real Estate | No Comments »

Ways to Stop a Foreclosure

Wednesday, December 2nd, 2009

There are a number of ways you can delay foreclosure and by reading on you will learn many ways to stop a foreclosure. By doing this right you will be able to stay in your home for a very long period of time without making mortgage payments. Just make sure that you know how to deal with every situation and use the legalities behind the foreclosure process. Obama’s Mortgage Modification Program is not really working as it should be. More than 90% of homeowners here in the U.S. are now facing possible foreclosure and are not being considered by this program because they are failing the requirements to qualify.

There are ways to stop a foreclosure and delay the procedure so you can stay in your own property for a longer period of time. This is actually easy if you have the correct information at your disposal. You can even do it by yourself without a lawyer. One thing to keep in mind is to never sign any document about it and to never leave your home behind. A lot of people are victimized by scammer during this vulnerable period of the process. You will be surprised that a lot of homeowners get scammed by being offered a short sale or a quick fix to this problem. These won’t save your home so beware of predators taking advantage of the situation that you are in.

Full Article

For More Information Visit: http://www.miamifloridarealestatelawyer.com

  • Share/Bookmark

Tags: Foreclosure
Posted in Real Estate | No Comments »

home attorney profile practice areas resourcesblog contact newsletter

Copyright © 2009 Lisbet Campo P.A.
designed and optimized by Miami Web Design - cpccci.com & hosted by Miami Web Hosting - cpcwebsolutions.com