Dayton Bankruptcy Attorney: Short Sales and Deed in Lieu of Foreclosure

May 9th, 2013 by Jamie Anderson No comments »

English: Sign of the times - Foreclosure

Homeowners that can no longer afford their mortgage payments face several choices in how to deal with their debt.  Although bankruptcy is always an option, the property owner may have the option of a short sale or a deed in [Read the full post. . .]

Capital Gains Taxation in Divorce

May 8th, 2013 by Jamie Anderson No comments »

Tax

Internal Revenue Code sec. 1041 provides that where an asset, otherwise subject to capital gains tax, is transferred from one spouse to another pursuant to a court order, such as by decree of dissolution or divorce, no gain is recognized.   [Read the full post. . .]

Ohio Bankruptcy Law: Chapter 7 FAQs

May 7th, 2013 by admin No comments »

English: Bowls arrayed for sale at the Queenst...

What is chapter 7 and how does it work?

Chapter 7 is the part of the Bankruptcy Code that deals with liquidation. A person who files under chapter 7 is called a debtor. In a chapter 7 case, the debtor [Read the full post. . .]

How to Save One Million Dollars

May 2nd, 2013 by Jamie Anderson No comments »

Wipe our Debt

According to Jocelyn Black Hodes writing for Yahoo, all it takes to reach millionaire status is careful planning and discipline.  First the good news:

If you are 35 and starting from scratch, for example, you need to save around

[Read the full post. . .]

Dayton Bankruptcy Attorney: Mortgage Loan Modifications

April 25th, 2013 by Jamie Anderson No comments »

Impact of water in a water-surface

Under water! When your mortgage is more than the value of your home, you can feel like you are drowning.  Contact Bankruptcy Lawyer Jamie Anderson about obtaining a mortgage loan modification.  Mortgage loan modifications allow you to stay in your [Read the full post. . .]