Bankruptcy Attorney | How the Bankruptcy Courts Treat Student Loan Debt Bankruptcy Attorney | In our last post, we began discussing how people of all ages here in the U.S. are having difficulties with student loan debt. Indeed, statistics from the Consumer Financial Protection Bureau reveal that as many as one out of every four [...]
Bankruptcy Lawyer | Fighting Over Credit Card Debt Bankruptcy Lawyer | A woman in Fairfield, Connecticut has been arrested for assaulting her husband… over credit card debt. Assault Over Credit Card Debt and Divorce According to police, Xiaojie Guo, 34, assaulted her husband, leaving scratch marks on his stomach and neck, over credit card debt as [...]
Bankruptcy Attorney | Bankruptcy Repayment Plans Bankruptcy Attorney | Many people are not aware that bankruptcy relief comes in different shapes and sizes. Most know about Chapter 7 bankruptcy: You know, the one where you just “get rid of all your debts” without having to pay anything. Chapter 7 these days has a lot of eligibility requirements, [...]
Bankruptcy Lawyer | Saladworks Seeks Chapter 11 Bankruptcy Protection Bankruptcy Lawyer | Saladworks LLC has filed for Chapter 11 bankruptcy protection. The company is looking for a buyer that will be able to extricate the company from an on-going legal issue involving its current owners. Operations Continuing During Chapter 11 Bankruptcy Based in suburban Philadelphia, [...]
Chapter 7 Bankruptcy | Should You Start Repaying Debts Before Filing? Chapter 7 Bankruptcy | Why pay off a credit card or other debts before you file bankruptcy? This would seem to be a counter-intuitive thing to do. After all, you’re filing bankruptcy presumably because you need to eliminate debts. But many debtors choose to [...]
Bankruptcy Attorney | There is More to Bankruptcy Than Filling Out Forms Bankruptcy Attorney | There is a great misconception out there shared by many that filing bankruptcy is simple–that all you need to do is fill out some forms, attend a meeting, and you get rid of all your debts. This idea is shared by [...]
Bankruptcy Lawyer | Lenders Using Unsavory Tactics Bankruptcy Lawyer | There seems to be no end to the unsavory tactics employed by some lenders against consumer borrowers. We have noted in previous posts, for example, lenders’ quick engagement of debt collectors to pursue borrowers, even when many of those consumers have not defaulted on a [...]
Bankruptcy Attorney | Counseling Sessions for Those Considering Bankruptcy Bankruptcy Attorney | In Florida and all other states, excepting North Carolina and Alabama, the U.S. Trustee Program administered by the United States Department of Justice has plenary regulatory and oversight powers over counseling and education requirements regarding bankruptcy. A consumer information pamphlet written by the [...]
Bankruptcy Lawyer | Understanding Chapter 7, 11, and 13 Bankruptcy (Pt. 2) Bankruptcy Lawyer | Keep Up Your Regular Secured Debt Payments To protect yourself from foreclosure or repossession, you will need to continue making payments on those loans. this is because Chapter 13 does not eliminate a secured creditor’s lien. Most courts require you [...]
Chapter 7 Bankruptcy | Understanding Chapter 7, 11, and 13 Bankruptcy (Pt. 1) Chapter 7 Bankruptcy | Bankruptcy means seeking help to get back on strong financial footing. That often means forfeiting some of your property through the process of liquidating your assets. But specifically what happens to your property in bankruptcy is entirely based [...]