Filing For Divorce During Chapter 7 Bankruptcy Proceeding

Debt and financial instability can impact all facets of your life, and can play a role in adding stress to an already rocky relationship. As such, it is not uncommon for financial turbulence to complicate a divorce After all, married couples typically intertwine their finances and enter into financial obligations they may not always be [...]

By | 2017-12-14T18:35:57+00:00 May 22nd, 2017|Bankruptcy, Chapter 7 Bankruptcy, Divorce and Bankruptcy|Comments Off on Filing For Divorce During Chapter 7 Bankruptcy Proceeding

What’s Holding You Back From Filing For Bankruptcy?

You're getting squeezed by your debtors. There's not an hour that goes by when you don't receive harassing phone calls from collections agencies. Every time you open your mailbox, you are met by a cascade of final demands and urgent notice letters, all of which document exactly how much you owe and to whom. If [...]

By | 2017-12-14T19:00:29+00:00 February 6th, 2017|Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy|Comments Off on What’s Holding You Back From Filing For Bankruptcy?

Credit Card Fraud in Chapter 7 Bankruptcy

While most credit card debt is dischargeable in a Chapter 7 bankruptcy, there are occasions when a judge may require a debtor to repay a lender. The most common reason for judges to require repayment of credit card debt in Chapter 7 bankruptcy is if the debtor committed fraud. In other words, if the judge [...]

By | 2017-12-13T02:09:20+00:00 May 4th, 2016|Bankruptcy, Bankruptcy Fraud, Chapter 7 Bankruptcy|Comments Off on Credit Card Fraud in Chapter 7 Bankruptcy

What Bankruptcy Can & Cannot Do For Federal Tax Debt

If you have federal tax debt, you may be wondering if filing for bankruptcy can do anything to help your situation. You may have even heard commercials offering the hope of eliminating tax debts in bankruptcy, but it’s actually not that simple. Most tax debts can’t be discharged by bankruptcy. And unfortunately, if you are [...]

By | 2017-12-13T02:09:31+00:00 March 24th, 2016|Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Debt and Tax Relief|Comments Off on What Bankruptcy Can & Cannot Do For Federal Tax Debt

What Happens When You Can Not Afford Filing Fees for Chapter 7 Bankruptcy?

What Happens When You Can't Afford Filing Fees for Chapter 7 Bankruptcy? One reason why many debtors may not have started the filing process for Chapter 7 bankruptcy is their inability to pay filing fees. It is possible you may be able to have them waived if you meet necessary qualifications for your state. For [...]

By | 2017-12-13T02:09:41+00:00 April 1st, 2014|Chapter 7 Bankruptcy|Comments Off on What Happens When You Can Not Afford Filing Fees for Chapter 7 Bankruptcy?

Keeping Your Vehicle through Reaffirmation in Chapter 7 Bankruptcy

Debtors may wonder if they can keep their vehicle in a Chapter 7 bankruptcy case if they are still making payments on it. Others may wonder what can happen if they have been unable to make payments but they still want to retain the vehicle. Even though there are two options a debtor may have [...]

By | 2017-12-13T02:09:49+00:00 February 7th, 2014|Chapter 7 Bankruptcy|Comments Off on Keeping Your Vehicle through Reaffirmation in Chapter 7 Bankruptcy

Making It through Meeting of the Creditors in Chapter 7 Bankruptcy

An important meeting during Chapter 7 bankruptcy proceedings includes the 341 meeting, also known as meeting of creditors or trustee's meeting. As long as you provide honest and accurate details about your finances you should be fine. Some debtors are known to get nervous about the meeting, but having experienced legal representation can help you [...]

By | 2017-12-13T02:09:58+00:00 November 20th, 2013|Chapter 7 Bankruptcy|Comments Off on Making It through Meeting of the Creditors in Chapter 7 Bankruptcy

Are Health Savings Accounts Protected in Chapter 7 Bankruptcy?

Health Savings Accounts and Bankruptcy Many who have a health savings account (HSA) or a medical savings account (MSA) may wonder whether such funds can be protected in chapter 7 bankruptcy . In many cases it depends on where you live and if the state offers protection for these types of funds. This can be [...]

By | 2017-12-13T02:10:10+00:00 September 5th, 2013|Chapter 7 Bankruptcy|Comments Off on Are Health Savings Accounts Protected in Chapter 7 Bankruptcy?

Potential Dangers of Filing Chapter 7 Bankruptcy on Your Own

Debtors exploring the option of filing Chapter 7 bankruptcy on their own without an attorney, (pro se) may be in for a few surprises if they do not know what they are getting themselves into. While it is true you have the option to file on your own, it is often not advised for debtors [...]

By | 2017-12-13T02:10:19+00:00 August 12th, 2013|Chapter 7 Bankruptcy|Comments Off on Potential Dangers of Filing Chapter 7 Bankruptcy on Your Own

Do I Have To Give Up My House in Chapter 7 Bankruptcy?

This is a common question among debtors who either don't own their home, or are still making mortgage payments. Some homeowners worry about what will happen to their house when they file chapter 7 bankruptcy. It helps to understand your options prior to filing based on your unique situation. In most cases, debtors end up [...]

By | 2017-12-13T02:10:28+00:00 July 18th, 2013|Chapter 7 Bankruptcy|Comments Off on Do I Have To Give Up My House in Chapter 7 Bankruptcy?