Bankruptcy Lawyer | Student Loan Debt and Bankruptcy Law Changing (Pt. 1) Bankruptcy Lawyer | Currently, Federal law prohibits student loan debt from being discharged during bankruptcy. But that may be changing. Potential Changes for Student Loan Debt Sounds like the White House is currently weighing steps that would make it easier for Americans with student [...]
Bankruptcy Lawyer | Can I Prevent Foreclosure by Filing Bankruptcy? Bankruptcy Lawyer | There are a wide variety of reasons people begin to consider filing for bankruptcy, from burdensome medical bills to credit card overuse to bad tax decisions. One common reason folks begin to consider bankruptcy is that they become unable to make their [...]
Chapter 13 Bankruptcy | Filing Personal Bankruptcy as a Business Owner Chapter 13 Bankruptcy | Being a small business owner has its perks, but unfortunately there are a lot of risks as well. Small business owners simply do not have the same job security as employees of government agencies or large corporations. Sometimes, they end [...]
Bankruptcy Lawyer | Can Lenders Ignore Bankruptcy Court Discharges? Bankruptcy Lawyer | Filing for bankruptcy can be a hard decision to make. Once made, those who have declared, undergo intense scrutiny in hopes that their debt will be discharged. Once discharged, the debts are legally required to be removed from the declarer’s credit report. Banks [...]
Bankruptcy Lawyer | What Assets Can't Be Touched in Bankruptcy? Bankruptcy Lawyer | You worked hard for the assets you’ve earned. And sadly, if you’re facing bankruptcy, chances are you’re at risk for losing the assets you’ve worked hard to achieve. Luckily, lawmakers have passed acts that shield certain assets. Here are some of those [...]
Chapter 7 Bankruptcy | Actor David Cassidy Files Bankruptcy Chapter 7 Bankruptcy | According to reports, David Cassidy has filed for bankruptcy. He apparently owes thousands of dollars in credit card debt and legal fees. Thousands in Debt It appears Cassidy has amassed thousands of dollars in debt. According to E! Online, the former star of The Partridge [...]
Bankruptcy Lawyer | Can You Be Too Broke to File Bankruptcy? Bankruptcy Lawyer | A decade after bankruptcy reform was passed, it seems a new group of Americans has emerged: the permanently insolvent. Too Poor for Bankruptcy When bankruptcy reform was enacted a decade ago, and the cost of filing for bankruptcy quadrupled, consumers were [...]
Bankruptcy Lawyer | Filing an Emergency Bankruptcy Petition Bankruptcy Lawyer | Being in debt can be an overwhelming experience that can feel insurmountable and impossible. But those debt situations can become dire when you are faced with foreclosure, repossession, wage garnishment, eviction or other creditor action. If this is the situation you find yourself in, you [...]
Chapter 13 Bankruptcy | When Should You File Bankruptcy (Pt. 2) Chapter 13 Bankruptcy | It’s advised that you wait to file for bankruptcy if you have new debts looming in the future. This is because Chapter 7 bankruptcy only erases debts you have as of the date you file. So if large debts are heading [...]
Bankruptcy Lawyer | Understanding a Zombie Foreclosure Bankruptcy Lawyer | Long seen as blights on neighborhoods and bank balance sheets, it seems that things might be turning around for zombie foreclosures. Just like the big screen, real estate has seen a rise in zombies over the past couple of years. The aptly titled “zombie foreclosure” [...]