Cursory examination of some debts dischargeable in bankruptcy
Things a Debt Collector Won’t Tell You (Part I)
October 18, 2011 by · Leave a Comment
Anyone who has defaulted on a credit card or other debt has had to deal with harassing phone calls from debt collectors. Despite laws preventing it, these collectors will use intimidation, negative sales tactics and outright lies to get you to cough up money to them. Once you realize what is real and what isn’t, [...]
Means Test for Bankruptcy
October 11, 2008 by · Leave a Comment
What is the means test in bankruptcy? What does it mean? How is it calculated?
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 [...]
Discharging consolidated debts in bankruptcy
July 6, 2008 by · Leave a Comment
Another frequent question I get from potential clients is whether debts that they are making payments on as part of a “debt consolidation” program are dischargeable in a bankruptcy case. In fact, I’ve had numerous people think that those aren’t even debts anymore, once they are in a repayment program, or that magically the 15 [...]
Can You Only Bankrupt Certain Debts and Keep Others?
July 2, 2008 by · 1 Comment
Whether you can discharge (bankrupt) specific debts and keep others is a question that over the years I get asked repeatedly. Actually, strangely enough, clients don’t ask it as a question. They state it as if it were completely possible. “I want to get rid of my large debts and keep the small ones”. After [...]
