Waiting too long to file bankruptcy can have dire consequences.
Bankruptcy: Waiting Too Long to File Your Case
June 22, 2010 by · Leave a Comment
What if you forget to list a creditor in your bankruptcy?
September 23, 2009 by · 1 Comment
Does Filing CH. 13 Bypass the Means Test?
September 16, 2009 by · 1 Comment
Are Student Loans Counted as Part of Chapter 13 Debt Limits?
August 26, 2009 by · 1 Comment
An individual can file a Chapter 13 case if they have noncontingent, liquidated unsecured debts LESS than $336,900 and noncontingent, liquidate secured debts of LESS than $1,010,650. (these amounts are adjusted every few years) Student loan debt, as with ANY debt, factors into the debt limits for Chapter 13 under 11 USC 109(e). A client [...]
Attorneys Fees Awarded in Divorce: Are they Dischargeable?
April 22, 2009 by · 1 Comment
New Bankruptcy Mortgage Modification Dropped
April 9, 2009 by · Leave a Comment
Debt Consolidation or Bankruptcy: Which is Better?
February 4, 2009 by · Leave a Comment
One of the most frequent questions bankruptcy attorneys are asked by potential clients is whether they should file bankruptcy, or use a debt consolidation company to make payments towards their debts. For those lucky debtors who qualify for Chapter 7 (which requires no repayment of debts but allows in most cases for discharge of all [...]
SB 61: Eliminate Mortgage Liens in Chapter 13
January 30, 2009 by · Leave a Comment
On January 6, 2009, Senator Dick Durbin (D, IL) introduced Senate Bill 61 called the “Helping Families Save Their Homes in Bankruptcy Act of 2009.” The bill has several provisions, which can be analyzed by following the above link, but the main purpose of the bill is to allow homeowners in a Chapter 13 bankruptcy [...]
Get things in writing and get receipts
November 26, 2008 by · 2 Comments
If there’s one thing lawyers in general repeatedly see from their clients–in any field of law–it’s the lack of proof or evidence necessary to properly represent them or assist in solving their problems. This is as true for a contracts attorney whose client insists is the victim of a breach of an oral contract with [...]
How much debt do you need to go bankrupt?
July 8, 2008 by · Leave a Comment
A question I have been repeatedly asked over the years from my potential bankruptcy clients is: How much debt do they need before they can declare bankruptcy? I have found that this question has different intent and meaning to different people. For example, some people think that there actually is a minimum amount of debt [...]
