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BANKRUPTCY

Providing the best LDMB CONSULTING & ADVISORY to customers.

Bankruptcy Support Services

WHAT IS BANKRUPTCY

Bankruptcy is a legal process that provides relief to individuals and businesses who are unable to repay their debts. By filing for bankruptcy, you can either discharge your debts or create a repayment plan to manage your financial obligations. While it may seem like a last resort, bankruptcy can offer a fresh start and a pathway to financial stability.

What is Bankruptcy?

Why Would Someone Need to File for Bankruptcy?

There are various reasons why someone might need to file for bankruptcy:

Overwhelming Debt:
When debts become unmanageable, bankruptcy can provide relief.

Job Loss:
Losing a job can make it difficult to keep up with financial obligations.

Medical Expenses:
High medical bills can lead to financial distress.

Divorce or Separation: The end of a marriage can result in significant financial challenges.

Business Failure:
Entrepreneurs facing business setbacks may need bankruptcy to restructure or dissolve their business.

What is Bankruptcy?

Real Estate Pre-Bankruptcy Filing

In the realm of real estate, several specific circumstances might lead someone to file for bankruptcy:

1. Loan Maturity/Due:
When a loan reaches its maturity date and repayment is due, but the borrower is unable to pay.

2. Behind on Payments:
Falling behind on mortgage payments can lead to foreclosure, prompting a bankruptcy filing to prevent losing the property.

3. Back Taxes:
Accumulated property taxes can become overwhelming, leading to financial distress.

4. Construction/Rehab Project Failures:

A. Ran Out of Money:
Financial mismanagement or unforeseen expenses can halt a project.

B. Contractor Issues:
Being deceived or let down by contractors can cause significant delays and extra costs.

C. Permit Delays:
Extended wait times for building permits can stall progress and increase costs.

D. Stop Work Orders:
Receiving a stop work order can bring a project to an abrupt halt and incur additional expenses.

5. Partnership on an Investment Went Bad:
Disagreements or financial issues with partners can lead to insurmountable challenges, necessitating bankruptcy.

6. Title Issues:
Complicated title issues or disputes can result in financial burdens that are resolved through bankruptcy

What is Bankruptcy?

Facing Challenges After Bankruptcy?

Many people find it difficult to secure a mortgage loan after bankruptcy. Traditional lenders often view bankruptcy as a red flag, making it nearly impossible to obtain financing. However, at LDMB CONSULTING & ADVISORY, we have creative solutions to help you navigate these challenges and secure the financing you need.

What is Bankruptcy?

Our Bankruptcy Services:

A. Mortgage Loans

We assist in finding pre- or post-bankruptcy mortgage loans tailored to your situation. By consulting with lenders and brokers, we work diligently to resolve your financing issues and secure the best possible terms for you.

B. Comprehensive Guidance

Navigating the financial landscape post-bankruptcy is challenging. We are here to advise you every step of the way, helping you understand your options and guiding you towards the best possible outcome.

C. Alternative Solutions

If securing traditional financing proves impossible, we work with you to develop alternative solutions. Whether it's finding unconventional lenders or exploring other financial strategies, we are committed to helping you achieve your goals.

What is Bankruptcy?

Our Bankruptcy Services:

While we are not attorneys and cannot complete legal documentation for you, we provide invaluable consultation and advisory services:

Understanding Paperwork:
We help you make sense of the paperwork and assist you in completing it correctly.

Affordable Legal Assistance:
We can connect you with affordable attorneys who specialize in bankruptcy cases to ensure you receive the legal support you need.

What is Bankruptcy?

GET IN TOUCH

If you are facing bankruptcy and need help finding a lender or understanding your options, contact us today. Our team at LDMB CONSULTING & ADVISORY is here to support you through this challenging time and help you secure a stable financial future.

LOAN CONSULTING:

While we cannot guarantee approval, we will work tirelessly on your behalf until all options are exhausted!!

LOAN CONSULTING:

We do charge a loan consulting fee, similar to a broker or origination fee, but only when the loan is approved and will close. This fee is added to the closing costs and will be paid at closing.

KEY POINTS

1. Conditional Fee: The fee is only charged upon loan approval and closing.

2. Varied Fee Structure: The fee may be a percentage of the loan amount or a flat fee, depending on the specifics of your file.

3. Fee Cap: We guarantee that our consulting fee will not exceed 1.5% of the loan amount.

4. Negotiation on Your Behalf: While we cannot determine the exact fee until we secure financing, rest assured that we will negotiate on your behalf to ensure the best possible terms.

5. Transparency: We commit to full transparency about any additional charges from lenders or brokers once we begin working on your file.

GET STARTED WITH OUR CONSULTATION & ADVISORY SERVICES

Begin your journey with us by taking advantage of our personalized support and expertise tailored to your needs.

Please note that consulting and advisory fees may vary depending on the specific products or services you require. These fees may be structured as flat rates, percentages, or incorporated into an administrative fee. Reach out to us to explore how we can best support you.

OUR OFFER

Initial Administration Fee: $9.99 for the first week.

Continued Access:
If you wish to continue working with us after the first week, it’s only $9.99 per week. You can cancel at any time.

Non-Refundable Fee:
Unfortunately, the $9.99 fee is non-refundable. However, you will still have full access to consult with us until the week is over!!

BENEFITS

Comprehensive Consultation: During your access period, you can consult with us on any topic our site provides. Risk-Free Start: If you're unsatisfied, you only lose $29.99 Sign up now to begin your consultation and take the first step toward securing your financing solutions!