Published Tuesday, July 26, 2011 @ 1:12 pm

Need to file bankruptcy or think you might? Then, you will be interested in this.

The Law Offices of John T. Orcutt is offering to get people filed for “$0 Money Down”. That’s right, “$0 Money-Down”. No upfront fees. No upfront costs.

Just for the record, this is not a loan and “no credit is needed” because this plan pulls on the power of Chapter 13 of the U.S.…

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Published Wednesday, January 12, 2011 @ 1:11 pm

Hiring a bankruptcy attorney is your best first step toward a refreshed, healthy financial future. The decision can be a tough one, we know.
Once on track to file though, we’ll clear the path for you, assisting at every step and consistently communicating. There are a number of things you can do along the way, too.…

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Published Wednesday, November 24, 2010 @ 7:09 am

Are you feeling too broke to break out of debt? Too often, Americans just like you, already suffering under the intense strain of rising mortgage costs, consistent credit card debt, mounting medical bills, employment woes, and other blights on their bank accounts, are also suffering under the misconception that an experienced bankruptcy attorney is, for them, financially out of reach.…

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Published Tuesday, August 10, 2010 @ 9:46 am

A number of good things have emerged from the economic situation of the last several years. Recently enacted credit card reform will hopefully change the way we are treated by the industry responsible for so much of our country’s collective personal debt.

Mortgage modification, even with all its warts and scars, should eventually become an industry with real benefits to struggling homeowners.…

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Published Tuesday, March 2, 2010 @ 10:48 am

While many economists say this decade’s Great Recession ended in the middle of 2009, millions of struggling Americans who are still working hard to find meaningful employment would definitely disagree. And as we are all now well aware, the once thriving middle class is being hit especially hard—with a determination of whether you’re in a recession or recovery based largely on where you live and if you still have a job.…

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Published Sunday, February 28, 2010 @ 9:26 pm

Bankruptcy is one of the most important decisions you may ever have to make. It’s not a decision to take lightly, and our office understands that you and your family have a lot of questions. While many of the same laws apply to many cases, rarely is your financial situation the same as another person’s.…

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Published Thursday, January 21, 2010 @ 11:50 am

The latest chapter in the Obama administration’s attempts to make lenders modify mortgages is to send SWAT teams – no, I’m not kidding, really, SWAT teams – into the call centers of major lenders to try to ensure that they follow the proper procedures and actually modify loans. Seriously, wouldn’t it be a whole lot easier just to pass cramdown and allow bankruptcy judges to modify mortgages than to try to sweet talk, bribe or otherwise convince bankers to do it on their own?…

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Published Monday, January 18, 2010 @ 6:43 pm

Is there any way to lower your car payments in bankruptcy? The answer, which may surprise you, is maybe. While Congress recently rejected attempts to pass a law that would allow bankruptcy judges to ‘cramdown’ mortgages, there do exist some limited possibilities for revising auto loans.

Basically, debtors who owe more than their car is worth – and who doesn’t, especially if you bought it new?…

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Published Monday, December 28, 2009 @ 7:10 am

The New Year is a few days away. And without doubt, millions of Americans will welcome 2010 with grand hope, desperate to put 2009 far behind them, the year the Great Recession took hold of our collars and shook us into submission. Unfortunately, many Americans will greet the end of the 2000′s first decade still in debt and financially directionless.…

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Published Saturday, October 24, 2009 @ 11:16 am

If you are considering filing for bankruptcy protection but are reluctant to hire an attorney to help you with the process, there might be a couple of explanations. Maybe you are feeling a little bit embarrassed about your situation and are none too eager to spill your troubles to a stranger.…

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Published Wednesday, September 16, 2009 @ 10:06 pm

The four-year anniversary of the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) is right around the corner. You might recall all the hype in the months leading up to the enactment of BAPCPA. This was the banking and credit industry’s seventh attempt to get the legislation on the books. They pitched BAPCPA as necessary to curb “rampant abuse” and to restore “personal responsibility and integrity” in the bankruptcy process.…

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Published Tuesday, September 1, 2009 @ 1:30 pm

When your debt problems get to be more than you can handle, an experienced bankruptcy attorney can be a real life-saver. Financial problems can split up spouses, fracture families, and generate a vicious cycle of stress that leads to greater financial problems that in turn lead to more stress–and so on, and so on.…

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Published Monday, July 6, 2009 @ 11:47 am

Are you hopelessly behind on your mortgage payments and wondering what to do about it? People in your shoes typically do one of three things: (1) try to convince the bank to just take whatever the property can fetch on the market (a “short sale”); (2) just let the bank foreclose; or (3) file bankruptcy.…

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Published Tuesday, June 30, 2009 @ 4:45 pm

In an ironic twist of fate, a company’s whose claim to fame was helping people “avoid bankruptcy” has invoked bankruptcy protection itself. Debt Relief USA, a credit counseling agency based in Texas, filed Chapter 11 bankruptcy on June 18th. And it shut down all operations. According to its bankruptcy petition, DRU is currently saddled with $5 million in debt and has only $4.65 million in assets.…

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Published Monday, June 29, 2009 @ 7:04 am

So it’s more than half way through the year now. You might be wondering how things are looking in the economy. Last year, many had predicted that the downturn would continue through the first quarter of 2009, but then we’d start to see stabilization in the second quarter and maybe even a return to growth by the summer.…

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Published Monday, June 22, 2009 @ 7:00 am

So let’s say you run into some financial troubles. You meet with a bankruptcy attorney to discuss your options. You’re thinking that, if you’re going to file, you should try to refinance your mortgage first to lower the payments and ease some of the pressure. You’re also thinking you might want to go ahead and replace that old clunker with a reliable car to make sure you won’t have a problem getting to work during your bankruptcy case.…

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Published Sunday, June 21, 2009 @ 9:35 pm

Bernie Kosar is a household name, known for his star football career during the 1980s and 1990s. Kosar quarterbacked for the University of Miami and led the team to its first national championship in 1984. After college, Kosar jumped right into the NFL and played as a successful quarterback for the next 12 seasons.…

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Published Saturday, June 13, 2009 @ 10:32 am

We have put a lot on the blog about how your home can be affected by bankruptcy. Hopefully, you’ve read through some of those posts. If not, simply do a search to find as much as you can about the topic because knowing how bankruptcy affects where you lay your head down at night can be very helpful to you and your family.…

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Published Thursday, June 4, 2009 @ 5:45 pm

Many people delay filing for bankruptcy or decide not to hire a bankruptcy attorney solely because they believe they can’t afford it. If you’re considering filing for bankruptcy, money is obviously tight. You may be thinking that it doesn’t make sense to try to solve debt problems by spending more money.…

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Published Monday, June 1, 2009 @ 12:30 pm

Your “Golden Years” are supposed to be the best time of your life. You shouldn’t be worrying about bills, going to work, or holding an “upside-down” mortgage. These years are supposed to be the fruit of your life’s labor, and you should be able to enjoy them – or least not have to juggle the kinds of responsibilities and concerns you did in your 20’s and 30’s.…

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Published Tuesday, May 26, 2009 @ 11:45 am

You’re ready to seek professional help from a qualified bankruptcy attorney.. Now what? What should you do to prepare for your first meeting with your prospective attorney?

Step One: Quit Digging

You know the old saying about how to get out of a hole; the first step is to stop digging.…

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Published Tuesday, May 26, 2009 @ 8:38 am

It looked like the high tech industry was going to dodge this economic downturn. Industry hot spots like North Carolina’s Research Triangle (the Raleigh, Durham, and Chapel Hill area) and Northern California’s legendary Silicon Valley remained fairly secure throughout most of last year. While other major regions around the country saw big declines in every sector, the high tech areas continued to see job growth and stable housing prices.…

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Published Monday, May 25, 2009 @ 8:25 am

Filing bankruptcy is one of the most significant financial decisions a person can make. It has the ability to transform your life. But to take advantage of the full potential bankruptcy has to offer, it is vital that your case be handled with the utmost care and attention. That’s why it’s so important to find an experienced bankruptcy attorney with a proven track record of success in helping people achieve their goals.…

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Published Thursday, May 14, 2009 @ 7:00 am

So you’ve decided to file bankruptcy. You might be wondering if you need to hire an attorney, or if the process is simple enough to do on your own. In theory, you could file the case on your own, and some people do. The problem is, your financial situation is unique.…

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