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Blog Posts in December, 2010

YOUR POST-DISCHARGE DEBT

Most Chapter 7 and Chapter 13 bankruptcy cases end with a discharge order from a federal bankruptcy judge. The discharge is a permanent injunction that prohibits pre-bankruptcy creditors from ...
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REFINANCING A HOME AFTER BANKRUPTCY

Recently, many Americans have sought bankruptcy protection as a result of the recession and housing crisis. Unfortunately, the bankruptcy laws cannot force a lender to refinance your home mortgage . ...
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WHAT IS A MOTION TO LIFT THE AUTOMATIC STAY?

When a Chapter 7 or Chapter 13 bankruptcy petition is filed, the bankruptcy court issues an injunction forbidding/freezing any collection action against the debtor. This protection is called the ...
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THE CHAPTER 11 PLAN OF REORGANIZATION

Occasionally an individual or married couple cannot qualify for a Chapter 13 repayment bankruptcy (usually due to having debt levels higher than that authorized by the bankruptcy code for a Chapter ...
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HOW BANKRUPTCY CAN STOP A LAWSUIT

A lawsuit can cause tremendous anxiety. Thousands of lawsuits are filed every day by creditors seeking to collect on credit card debts, medical bills, and other debts that are owed. Common sense will ...
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JUST SAY NO TO PRO SE BANKRUPTCY

Bankruptcy can be expensive. Whether you are in a Chapter 13 repayment plan or a Chapter 7 , court fees, credit counseling fees, and attorney fees can really add up. Some bankruptcy debtors are ...
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AFTER FILING BANKRUPTCY, BE SURE TO FOLLOW THROUGH

After filing a bankruptcy case, some debtors experience "cold feet." Some have difficulty facing the trustee at the 341 Meeting . Others cannot meet their Chapter 13 plan payment obligations. Still ...
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FIVE REASONS TO CHOOSE CHAPTER 7

Over 70% of all consumer bankruptcy cases are filed under Chapter 7 of the Bankruptcy Code. While "going along with the crowd" is not a good reason to file Chapter 7, there are good reasons to choose ...
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FILING BANKRUPTCY IS AS EASY AS 1 - 2 - 3

While the Chapter 7 and Chapter 13 bankruptcy laws are complex, filing a typical consumer bankruptcy case is a simple process for an experienced bankruptcy attorney . Preparing the usual debtor's case ...
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WHO WILL KNOW ABOUT MY BANKRUPTCY?

One of the most common questions asked about the Chapter 7 and Chapter 13 bankruptcy process is, "Who will know about my bankruptcy case?" Filing bankruptcy is usually very confidential, but the ...
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SIX REASONS TO CHOOSE BANKRUPTCY OVER A DEBT SETTLEMENT PROGRAM

For a person in financial trouble, examining his or her options can mean the difference between a fresh start and a false start. In an effort to avoid filing for bankruptcy , many people will turn to ...
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