A Case of Bankruptcy Attorney Malpractice
This is a case about attorney malpractice, and serves as good reading for the client looking for a potential lawyer to handle a bankruptcy case. I...
The Credit Counseling Requirement in Bankruptcy
Congress amended the Bankruptcy Code in 2005, adding an additional requirement that debtors must attend pre-bankruptcy counseling before filing for ...
Bankruptcy Options for Companies with Intellectual Property Portfolios
When a corporation files for bankruptcy, one factor to be considered is the intellectual property the company owns. While this type of asset cannot ...
Patents as Assets in Bankruptcy
When a business owns a patent and files a Chapter 7 or Chapter 11 bankruptcy, there are a number of issues that must be addressed from both the debt...
How Will My Investment Property be Treated in Bankruptcy?
People try to build wealth in many ways. Hard work and effective budgeting is a tried and true financial strategy, but other people may take a mor...
Property in Bankruptcy
When filing bankruptcy, there will be questions on property. Goods of daily use (clothing, furniture, electronics, household goods, books) don’t...
Bankruptcy in Ohio: Should I File a Chapter 7 or 13?
If you are reading this article then you are probably considering filing a bankruptcy. There are two types of personal bankruptcies that a person ...
Making the Right Choice: Chapter 7 vs. Chapter 13
Individuals in all states including Virginia can file a Chapter 7 or Chapter 13 bankruptcy, but what are the differences and what is the right choice?...
How to Handle Your Bank Assets Before Bankruptcy
If you have come to the realization that you have no other option to relieve yourself from the burden of your current debt than to file for some typ...
401k in Bankruptcy: Chapter 7 and Chapter 13 Considerations
If you file for Chapter 7 or Chapter 13 bankruptcy, for the most part your 401k, IRA, and other retirement accounts will be safe. Read on to lear...
Bankruptcy for the Self Employed: Verifying Income
A self-employed person can file a Chapter 7 or Chapter 13 bankruptcy. However, under either chapter, the debtor must determine and prove average ...
What Happens to a Personal Guarantee in Bankruptcy
A personal guarantee is a type of debt that a member of a business or corporation promises will be paid by him or her personally, or a debt that is ...
Chapter 7 vs Chapter 13 Bankruptcy
Chapter 7 is like going to McDonalds or Wendy's for dinner. Quick in and quick out buy your burger fires and beverage to satisfy your Hunger. Theref...
What is a Chapter 20 Bankruptcy?
A Chapter 20 bankruptcy is the strategy of filing a Chapter 7 bankruptcy to discharge unsecured debts and immediately following up with a Chapt...
Should I Stop Paying Creditors If I'm Going To File Bankruptcy?
When people file bankruptcy they are seeking legal protection from creditors and repaying or eliminating debt. However, the question of when to stop...
Reducing Your Mortgage Debt in California Through Bankruptcy
When the Obama Administration’s Home Affordable Modification Program (HAMP) was announced, one of the biggest touted benefits was the suggestion t...
How to Plan Ahead for Bankruptcy
Telling someone you are looking for a strategy to file bankruptcy would sound rather suspicious. Honestly, who plans ahead to go bankrupt? Truthfull...
What Is a "No Asset" Chapter 7 Bankruptcy Case?
In a "no asset" Chapter 7 bankruptcy case, the debtor does not own any nonexempt property, cash, or valuables that the bankruptcy trustee can take. Si...
California Bankruptcy Attorney - Finding the Right One!
When searching for the right bankruptcy attorney in California, too many people care only about one thing: how much that bankruptcy attorney charges...
Filing Bankruptcy: Things You Should Know
Filing bankruptcy is becoming more common theses days being so many consumers are under employed and can't keep up with their bills. There's simply ...
Protecting Community Property of a Spouse Through Bankruptcy Discharge
A bankruptcy discharge is a permanent court order against the commencement or continuation of an action to collect, recover or offset a debt as a pe...
Alternatives to Transferring Property Before Filing Bankruptcy
For debtors wishing to transfer property before filing bankruptcy, consulting with an attorney practicing bankruptcy law in their state is only mean...
Why a Creditor May File an Objection to Discharge in Bankruptcy
In a case of bankruptcy, particularly those under chapter 7, certain debts may be discharged at the conclusion of the bankruptcy proceedings. ...
Bankruptcy Effects on Credit if you have a Supplementary Credit Card
When a spouse or parent declares bankruptcy, it can have a major impact upon the entire family. If your spouse or parent declares bankruptcy, it can...
What an Objection to Discharge is in Bankruptcy
Usually, when you file for Chapter 7 bankruptcy and make it through your meeting of creditors, you have nothing but smooth sailing ahead. Not always t...
Lien Avoidance in Bankruptcy
The Bankruptcy Code defines lien as a charge or interest in property to secure payment of a debt or performance of an obligation. Liens s...
When to Talk to a California Bankruptcy Attorney
In an effort to help Californian’s who need debt relief we offer our time to educate consumers on how to avoid hitting rock bottom and get their l...
What is Bankruptcy Fraud?
Bankruptcy is becoming a more frequent type of protection sought by Americans who have become victims of the recent economic downturn.
Steps to Take Before Filing Bankruptcy in California
Filing a Chapter 7 or Chapter 13 bankruptcy in California can either give filers a completely fresh start or reorganize and reduce debts to a point ...
How Will Chapter 7 or Chapter 13 Bankruptcy Affect My Credit?
Chapter 7 and Chapter 13 bankruptcy filings can affect your credit score but the magnitude depends on a variety of factors. One of the most signific...
5 Tips on Hiring the Right Bankruptcy Lawyer
Let’s face it! People don’t file bankruptcy unless they have to, and what’s worse than declaring bankruptcy? Hiring the wrong bankruptcy attor...
When to File and How to Plan for Bankruptcy
The decision to file for bankruptcy should not be taken lightly. You should pursue other methods of debt relief first, such as debt settlement, co...
How Does Bankruptcy Wipe Out Debt?
Bankruptcy laws were enacted to give honest debtors a legal way to remove liability for certain debts that otherwise could not be repaid. These debt...
Should I Still Pay Bills if I'm Going to File Bankruptcy?
For those debtors who have decided that filing for bankruptcy protection is the best way to get a fresh start financially and eliminate credit card ...
Non-Exempt Property and Pre-Bankruptcy Planning
When a person files bankruptcy, all of his property, both real and personal, becomes a part of the bankruptcy estate. However, under the Bankruptcy ...
How to Plan For Bankruptcy
Bankruptcy is difficult enough for someone in financial trouble, but if they wait until it is an emergency, leaving them little time to prepare, it ...
6 Tips for Pre-Bankruptcy Planning
Pre-Bankruptcy planning is probably the most crucial part of any bankruptcy case. Done right, you will keep more property, erase more debt and get y...
Is Bankruptcy a Good Option?
Every debtor has their own unique set of circumstances, which means that there is no one-size-fits-all solution for financial problems. Many people...
Stop a Foreclosure with Bankruptcy
For people who wish to maintain their primary homes, but who have fallen behind on their mortgage loan payments, bankruptcy is often a remedy utiliz...
Bankruptcy Filing Options for a Married Couple
There are two options for filing bankruptcy for married couples. A married couple can file an individual bankruptcy petition or a joint bankruptcy pet...
Should I File for Bankruptcy?
The decision to file for bankruptcy relief requires careful consideration. Like with many options in life, there are pros and cons associated with...
How a Cram Down Works During Bankruptcy
If you are upside down (owe more than the property is worth) on your car, certain real estate, or other personal property (any property other than...
Buying a Car or Refinancing During Bankruptcy
There are certain dos and don’ts for a debtor regarding cars and houses during a bankruptcy. After the Petition is filed and before the final disc...
Bankruptcy and Retirement Accounts: ERISA and BAPCA
Using your retirement funds to prevent bankruptcy is not a wise idea. Do not exhaust your retirement funds before filing bankruptcy. Retirement accoun...
Who Should File for Bankruptcy?
One of the biggest reasons people are reluctant to file for bankruptcy is the fear that it will damage their credit for 10 years. While it is true th...
File Bankruptcy Before or After Divorce?
If you contemplating bankruptcy and divorce, then timing is critical. This article only helps if neither one of you has filed for divorce or bankrup...
Debts in Bankruptcy Involving Divorce
If you are considering bankruptcy, know that your past divorce may be affected. This is especially true if the divorce is just a few years old. If...
Bankruptcy and Divorce Laws
Divorce is hard enough with the fights over everything such as who gets the house to who takes the vacuum that was a wedding gift. However, hot em...
Cram Down Investment Property Debt
If your mortgage company told you that it was going to reduce the balance of your loan because your property was now worth less than your mortgage...
Eliminate School Loans by Bankruptcy
Student loans can be a significant portion of your personal debt, particularly if you attended a private school or borrowed money to earn a graduate...
Bankruptcy for the Unemployed
If you are filing for bankruptcy while unemployed, you generally have one option available, which is to file a Chapter 7 bankruptcy. In a Chapter 7 b...
