Month: February 2020

When can You Stop Paying on Debts After Filing for Bankruptcy?

If you plan on filing for bankruptcy, you are likely left wondering various questions including when you can stop paying creditors. The short answer is that you should not. Despite this, many people stop paying creditors shortly before filing for bankruptcy and use this money to pay for the bankruptcy filing costs. If you intend on filing for bankruptcy but are not sure exactly when you will do so, however, it is common to end up wondering if it is okay to stop paying your debt. While there is n[...]

Weighing the Advantages (and Disadvantages) of an Open House

  For many years, realtors have relied on open houses to gain interest in a property. Like many parts of the property acquisition process, some realtors swear by open houses and others think the process is overrated.  If you are a realtor who is considering whether there is any reason for holding an open house, the following outlines the various advantages (and disadvantages) that you should consider. Reasons to Think Twice About Holding an Open House Some of the reasons why you should thi[...]

How Bankruptcy Impacts Existing Judgments

People in Florida who have existing judgments or liens often hesitate to file for bankruptcy. After all, many of these people believe that these types of legal instruments are final and that it is too late to pursue a good credit report. This is a misconception, however. The following reviews some important information to consider about the impact that filing for bankruptcy can have on existing judgments. Impact of Bankruptcy on Pending Judgments After filing for bankruptcy, an automatic stay is[...]

Factors That Influence Property Prices

One of the most critical factors to consider when selling a property is whether it has been appropriately priced. Realtors and their clients must make sure that the best possible price is assigned to the property, but this is often not easy to do. Overpricing a property can damage its appeal, even if you decide to drop the property’s price later. Underpricing a property will result in multiple offers and dashed expectations. While there is no universal way to price a property, there are some c[...]