Bankruptcy Blog Archives

A chapter 7 is the easy way to discharge all unsecured debts. Examples of unsecured debts are credit cards, medical bills, broken apartment leases, cars that have been reposed, houses that have been foreclosed on, old bank accounts that were closed by the bank because of over draft charges, some bad business dealings, some IRS [...]

People go through changes in life that they have no control over. They lose a job, go through a divorce, or become ill. These are just a few of the many reasons why people file bankruptcy. If you are thinking that you can stay above water and finally realize you can no longer pay your [...]

Well as you can see from the title any information is better than no information. We always ask that our client s still attend their regular appointments whether or not they have all the information. If for some reason the thought of “maybe they will need this” comes across the mind then, sure bring it. [...]

TO those of us that use banks they are a great convinces. They hold our money till we need it and allow us ways to pay our bills without having to pay cash for every thing. We write checks or can use our debit card on even go online and pay the bills as they [...]

If you have unpaid taxes from prior taxes years owed to the Internal Revenue Service then the I.R.S. can filed lien against your personal property and wages. By filing a Chapter 13 bankruptcy case then a wage levy be the I.R.S. can be ceased and the amount due can be paid in your plan. Some [...]

I had a client in my office today that is going to be filing a Chapter 7 bankruptcy. As she looked over all her creditors she realized there were some credit cards that she wanted to keep out of the bankruptcy so she could continue to use them. Two of the credit cards were gas [...]

Credit cards are a wonderful thing. You can charge something to day and pay it off in 20 or so days and it not cost you anything. I really think that was the original way people used them. On a special occasion you might need to carry a small balance and pay it off over [...]

Why are my taxing authorities filing an objection to my chapter 13 plan? My property taxes are paid my mortgage company, why do they want me to pay them? These are common questions that clients ask when they get an objection from the taxing authorities to their plan. The purpose of the taxing authority objecting [...]

Most clients are prompt for every appointment, and there are a few of them that are always late no matter what it is pertaining to. In the business of bankruptcy, and law in general, all we have to go by is deadlines. Which may mean nothing to some, however it is everything. It’s the difference [...]

If Chapter 13 debtor decides to surrender property such as homestead or vehicle then lien holder will be notified of debtor’s intention by Debtor attorney filing plan modification or amended plan. The secured debtor will be discharged upon completion of the Chapter 13 case in similar manner to discharge of unsecured debt. In the case [...]