Bankruptcy Blog Archives

A student loan is an unsecured debt that is not dischargeable in Chapter 7 or 13 Bankruptcy. However, if you file a Chapter 13 bankruptcy case then you must cease all payments for your student loan until after you received you discharge. Once the creditor assigned to the student loan is noticed of the Chapter [...]

Bankruptcy is something that should not be hard. Someone should be able to go to an attorney nearby and take care of business in the easiest way possible. Here at bankruptcyhome.com we make this dream a reality. You can recieve help from an attorney anywhere in the country. Any topic, from a Sulphur Springs bankruptcy [...]

IF possible never cosign on any thing for anyone. By doing so you are just as responsible for the debt just the same if you have the idem as the other person. If it was a car and that car was reposed You or that person will have to pay the difference of what that [...]

Bankruptcy can be intimidating and challenging. If you do not know how the process works and/or do not know how to begin the process, you can be overwhelmed fast. Here at bankruptcyhome.com, we want to help you have the quickest and easiest bankruptcy process possible. Online bankruptcy can be the first step in figuring out [...]

Student loans can not be discharged in a bankruptcy. They are considered an unsecured loan like a credit card, but they are federally backed so they can not be forgiven. If someone wants to put them in a chapter 13 and pay them, then they have to pay all or their creditors all the money [...]

Throughout the duration of your Chapter 7 or 13 case the debtor should keep file with all the documents filed in their case. Your attorney will archive files of discharged bankruptcy case and maintain the file for 5 years. For your protection, files are shredded 5 years after discharge. If after 5 years you need [...]

One of the requirements of getting a discharge in both a Chapter 7 and Chapter 13 is that the Debtor must take a Debtor Education Course and have it filed with the court. With a Chapter 13, this course is offered free through the Trustee’s Office the day of the 341 hearing. I know I [...]

I have seen a handful of debtors receive letters about possible objection to discharge. The main law firm that I see is based out of NY and they watch for people who are filing chapter 7 cases to see if they have incurred large amounts of debts in the last 6-12 months. They are looking [...]

A proof of claim is what the creditors file with your chapter 13 case. What this does is tell the trustee and the bankruptcy courts that they are entitled to “x” amount of dollars. If the debtor disputes the claim, we can then file an objection to the claim with the courts. If the creditor [...]

If you are in active Chapter 13 bankruptcy case and fall behind with monthly mortgage payments then it is likely that your mortgage company will have their attorney (opposing counsel) file Motion for relief. Opposing counsel will contact our office via phone to report the delinquency and allow our office 48 hours to contact the [...]