Continue Reading How do I take my primary residence out of a chapter 7 bankruptcy?
Title Loan Before Filing Bankruptcy?
Nebraska Fraudulent Transfer Act
Bankruptcy Reform Act 10 Year Review
Ten years ago this month the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) became effective. The act was designed to make filing bankruptcy more difficult by requiring filers to provide more information to court trustees that supervise the process and by installing a mathematical formula to keep higher income debtors out of chapter 7.
Filing Bankruptcy? Why you need to incorporate your business right now.
I still remember being in the bankruptcy meeting room waiting for my client’s turn to see the Chapter 7 Trustee. What I saw was a classic mistake made by young and inexperienced bankruptcy attorneys.
Trustee: So how long have you owned the painting supply business?
Debtor: About 8 years.
Trustee: I see that you rent
Medical Bills Incurred During Bankruptcy
Medical debts account for nearly 62% of all bankruptcy cases filed according to a Harvard study. The actual number may be even higher since medical debts turn into credit card debts and mortgage debts as people try to pay off debt collectors. Although some medical debts are incurred when a person is temporarily uninsured,
What is Medical Bankruptcy?
“I want to file medical bankruptcy.” I get that phone call a lot. The situation is that many people are current on their house, car and credit card payments, but they were hit by a wave of medical bills and just want to file bankruptcy on those debts. Can a person just file bankruptcy on
Is there such a thing as getting help to avoid bankruptcy?
A recent client asked this great question:
Is there such a thing as getting help to avoid bankruptcy? My wife and I have a small business. We are struggling to keep it going. We’re down over 50% this year, we’ve cut some expenses, and customer payments are dragging. While we are not unique, and I
10 Things You Need to Know About Paying a Mortgage During Bankruptcy
Can I keep my home if I file bankruptcy? Do I have to list the mortgage company? What if I’m behind on the payment? Can I still pay the mortgage payment online? Will they send me monthly statements? How do I know that the past due amounts were paid current? I want to file bankruptcy
No FDCPA Violation when Creditor files Claim on Expired Debt says 8th Circuit
Is it a violation of the Fair Debt Collection Practices Act for a creditor to file a Proof of Claim in a bankruptcy case on an old debt that is no longer collectible by virtue of a Statute of Limitation? Ever since the 11th Circuit Court of Appeals ruled in Crawford vs. LVNV Funding that