Bankruptcy Blog

Certain assets will not be discharged by filing either Chapter 7 Bankruptcy or Chapter 13 Bankruptcy. Failure to continue to pay these debts will allow creditors to continue all legal debt collection efforts.
Non-dischargeable debt is outlined at the federal level. In the state of Vermont, non-dischargeable debt will be the same as in other states. [...]

There are certain assets that are outlined in federal bankruptcy law that will not be part of the bankruptcy process. These assets are called exemptions. Exemptions were created to help you keep enough property and assets to be able to start over after bankruptcy.
Certain states have created their own bankruptcy exemptions and depending on where [...]

Filing bankruptcy in Virginia is something most people do not want to think about or talk about. It is something that a lot of people see as complete failure and disaster.
Even though it is something that you probably do not want to think about or consider, you may have reached a point where it is [...]

There will be certain debts that are considered non-dischargeable and will not be eliminated by filing bankruptcy. All non-dischargeable debt is determined by federal bankruptcy law. The state of Utah will have the same types of non-dischargeable debt as other states. It is important to discuss your debt with a Utah Bankruptcy Attorney prior to [...]

Fortunately, certain assets and property will be considered exempt and protected from your creditors if you file Chapter 7 Bankruptcy or Chapter 13 Bankruptcy. Exemptions are outlined under federal bankruptcy law to allow you to keep enough assets to have a fresh start after the bankruptcy is complete. Contact a West Virginia Bankruptcy Attorney to [...]

One in seven U.S. home loans was past due or in foreclosure as of Sept. 30, 2009, putting that quarterly delinquency measure at its highest level since 1972, when the Mortgage Bankers Association began reporting it. At the beginning of 2009, 1 in 10 loans was past due or in foreclosure. Home foreclosures are likely [...]

The State of Alabama does not have federal bankruptcy exemptions like some states. It does, however, allow for certain possessions to be exempt or protected from creditors when filing for bankruptcy in Alabama.
There are some limits on the amount of equity that you may have in a home or vehicle that is exempted in the [...]

Find a California bankruptcy attorney who can answer your questions about the benefits of Chapter 7 bankruptcy or Chapter 13 bankruptcy.

Things you need to know before filing bankruptcy. Before a person can file bankruptcy, they will have to undergo a mandatory credit counseling session.

About two days ago we had a Chapter 13 Debtor attend his meeting of creditors at the Chapter 13 trustee’s office. While he was at attendance of his meeting, his car creditor decided they would pick up his vehicle. It seems that since they thought it would be a sure thing him being [...]