Bankruptcy

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Foreclosure Prevention
Right to cure a default
Should I file for bankruptcy?
There are many different reasons to file or not.  If you are unsure, you should speak to an attorney for advice.  It is important to remember that bankruptcy will not fix everyone’s money problems.
Will bankruptcy wipe out all my debts?
No. Bankruptcy will wipe out most debts, but it will NOT normally wipe out:
What bankruptcy can't do
Bankruptcy can’t cure every financial problem, nor is it the right step for everyone.  In bankruptcy, it is usually not possible to:
What can bankruptcy do?
Bankruptcy may make it possible for you to:
Foreclosure law requires mediation
Delaware homeowners and lenders will be required to go into mediation when foreclosure complaints are filed under a bill signed into law Wednesday by Gov. Jack Markell. It was one of a package of bills aimed at helping homeowners through the growing foreclosure crisis. Under the new mediation law, foreclosure will be halted until a meeting takes place, though it include an opt-out provision. Lenders will pay a fee to finance the process, and the law will expire in two years.
Bankruptcy Basics - The Process
Bankruptcy Basics provides basic information to debtors, creditors, court personnel, the media, and the general public on different aspects of the federal bankruptcy laws. It also provides individuals who may be considering bankruptcy with a basic explanation of the different chapters under which a bankruptcy case may be filed and to answer some of the most commonly asked questions about the bankruptcy process.  Contributed by: Administrative Office of the United States Courts Last Reviewed: 7/14/21
New Bankruptcy Law Requires Credit Counseling Before Filing
Before You File for Personal Bankruptcy: Information About Credit Counseling and Debtor Education  Contributed by: Federal Trade Commission Last Reviewed: 7/14/21 https://www.ftc.gov/news-events/press-releases/2005/10/new-bankruptcy-l…
How To Request Your Credit Report
Instructions for obtaining a copy of your credit report.  Contributed by: Legal Services Corporation of Delaware, Inc. Last Reviewed: 07/14/2021 Click here to download document
When You Can't Pay Your Student Loans
How to postpone student loan payments or cancel your loans altogether.  Contributed by: Nolo Last Reviewed: 7/14/21 http://www.nolo.com/legal-encyclopedia/article-29791.html