Bankruptcy Blog Archives

What is bankruptcy noticing? How does it affect you and your bankruptcy case? Why do I even care what bankruptcy noticing is? These questions lead to a discrete section of a given bankruptcy case that is often overlooked or forgotten by various individuals. For every debtor, there are various creditors and groups of people who [...]

If your employer is failing to follow the wage order directive then you need to contact your attorney. The wage order directive is a court ordered garnishment and the employer is being “ordered” to deduct a specific amount from your check each payroll period. The employer is also under order to submit those payments to [...]

Motions to extend stays are filed in cases when a Debtor has filed a bankruptcy at least one time in the prior year. Under the new bankruptcy laws, the stay will not be put into place unless you have one of these hearings. If your attorney fails to file this motion and have it set [...]

Filing a bankruptcy does not mean that you have bad credit. You had good credit and then something bad happened a divorce is a real killer and then there is the loss of income from job change or some form of medical event. So now unlike before you can not make the payment on credit [...]

I have a client whose house was about to be foreclosed on, so we did filed an emergency petition. This means we just filed the basic petition and have 15 days from the date of filing to file the rest of the necessary paperwork. A Debtor who files an emergency bankruptcy has 15 days to [...]

When filing a chapter 7 bankruptcy yes people could lose certain assets. Assets are homes, cars, boats, lake lots, stocks, bonds, cash in the bank, 401 k’s, guns, clothes, jewelry, and, just about any thing you can own. But filing a bankruptcy does not mean you will lose anything but under certain conditions yes you [...]

People will generally file a Chapter 13 bankruptcy because they have fallen behind on house payments or car payments. It is explained to them in order to be successful in their bankruptcy they will need to be able to make their regular expenses plus the trustee payment. Yes, bankruptcy can help a person save their [...]

If you have previously discharged Chapter 7 or 13 bankruptcy case then you must wait 8 years before you can receive a discharge in another bankruptcy case. For exampled, if you received a Chapter 7 discharge on 06/12/1999 then you would not be eligible to receive discharge in another case until 06/12/2007. If you file [...]

It is the last stop. The ticket out of the whole. A lot of people are too afraid to admit that bankruptcy is an option for a resolution. The embarrassment that some people feel is nothing to be ashamed of. Like other programs the first step is admitting that there is a problem. Then getting [...]

When a Debtor first files a Chapter 13 bankruptcy, the attorney will give them an amount to be the Trustee payment. However, this amount is based only on the information given by the Debtor. The amount is just a starting point. There is always the possibility that the amount will go up if the information [...]