Bankruptcy Blog Archives

How does the trustee figure out the amount you are delinquent. Many people get confused and don’t understand what is going on. They are under a wage order, or they have always made their payments. Small misleading information can cause this to go the trustee’s way. What I mean by that is they have a [...]

People include their doctors in their bankruptcy because they owe them money. The doctor can not collect this money from the Debtor, but they don’t have to offer them services either. What do you do? Go and find another doctor that will provide you the service you need. If the doctor is going to be [...]

Many people are confused when they add something to their bankruptcy they think that their payments should stay the same. The problem that they don’t fully understand is that when you add something to your bankruptcy the plan will not be sufficient to pay out if the payments go up. Many people add post-petition mortgage [...]

Bankruptcy is a hard thing to classify. It can relieve large amounts of stress by easing the pain of bills, but at the same time it can be a hassle to figure everything out. By talking to an attorney and scehduling a free consultation, you can find out exactly what is right for you. A [...]

Many Chapter 13 debtors contact our office concerning a voluntary surrender of vehicle being reported as repossession on their credit report. The debt will be discharge upon completion and discharge of Chapter 13 case however the creditors report the debt as repossession until deemed discharged. This issue concerns many debtors however they need to understand [...]

A chapter 7 bankruptcy will discharge unsecured debts. examples of unsecured debts are most credit cards, Medical bills, broken apartment leases, old cell phone bills, cars that have been reposed, houses that have been fore closured on, bank accounts that have over drafts and closed, and others things that maybe we have done. With these [...]

A motion to sever Chapter 13 bankruptcy case is filed when debtors have seperated or divorced and no longer want to remain in the same Chapter 13 case. In some cases, one debtor will remain in the Chapter 13 case and the other debtor has the option to refile new Chapter 13 or 7 case. [...]

To need to file a bankruptcy what amount of debt do you need to have? I have seen people with millions and as low as five to ten thousand. It is all in regards too how much money you make and then how much now you don’t make. It is all about some kind of [...]

A chapter 13 bankruptcy is a plan it can help you keep cars and houses that you have fallen behind on for one reason or another. A long with this is will help pay either all your credit card debts or just a portion of the debt it is based on not how much you [...]

This is the fund time of year where everyone is getting their refunds from the IRS. Other issues arise as well. I have received several calls from Debtors stating that they have not received anything about their tax returns the whole time they have been in bankruptcy. We then have to call the IRS and [...]