Bankruptcy Blog Archives

Working in a law office, you come to rely on all the people around you. If one person fails to do their job correctly, it dominoes and causes everybody else to not be able to do their job properly or more work for somebody else. In bankruptcy, there is a process that our office uses, [...]

We all know that we have a lot of things that are going on in our lives. Even some of us need to file for bankruptcy to help get our life back on track. Everything in our life is important, especially when you are trying to work to make ends meet. At some point though [...]

A chapter 7 is a way to discharge unsecured debts. Unsecured debts are credit cards, medical bills, Broken apartment leases, Cell phones contracts, Cars that have been reposed, Bank accounts that have been over drawn, and just about any kind of debts other than a car or house that you want to keep. In a [...]

One of my clients had a rental house he decided to surrender when he filed a Chapter 7. There was quite a bit of equity in the house, so the Trustee decided she wanted to try and sell the house and pay unsecured creditors with the proceeds. The client stopped by my office the other [...]

If you are currently paying for your vehicle(s) in your Chapter 13 bankruptcy plan then you must remain current on your plan payments. If you fall behind on your bankruptcy plan payment to the trustee then you are also causing your auto creditors not be paid in timely manner. If auto lienholder does not receive [...]

If your Chapter 13 plan was confirmed requiring you to pay a percentage to your unsecured claims filed then you my be able to convert case to Chapter 7 near the end of your case. All your secured claims will be paid before any of your unsecured claims are paid. When all the secured claims [...]

When you file a chapter 13 case, depending on the reason why you filed the case, your attorney’s office will notify your secured creditors. If you are up for foreclosure or you are about to lose your car, then you come in and file for bankruptcy as soon as possible. When you file and the [...]

Because of a divorce or loss of income you have file a chapter 7 bankruptcy. A term used for a bankruptcy is ” A fresh Start” and that is they way you want to look at your credit. Having a checking and saving accounts is very important and maybe yours was closed before filing and [...]

Amongst many Debtors, there seems to be confusion about the difference between having the bankruptcy dismissed and having it discharged. The issue comes up most often for a Chapter 13 bankruptcy, but it is relevant in a Chapter 7 as well. If the case is dismissed, the Debtor goes back to owing all the debt [...]

Many people feel guilty for filing for bankruptcy. They go day to day, not sure that they are making the right decision. They are overwhelmed with credit card and medical debt and have no where to turn. In bankruptcy, when you meet with these people you have to comfort them and make them understand that [...]