You can be below the median income and still not qualify for bankruptcy, and above the median and be able to qualify. Sound confusing? Read more.
H is for House and How to Keep it in Bankruptcy
December 1, 2011 by · Leave a Comment
Your House: Can you keep it in bankruptcy? And if so, what other options are available? How to calculate equity.
Feeling Guilty About Filing Bankruptcy
June 6, 2011 by · Leave a Comment
Feeling guilty or ashamed about filing bankruptcy. Should you?
I filed bankruptcy and they froze my bank account!
June 5, 2011 by · Leave a Comment
how can my bank freeze my bank account after I file a bankruptcy case?
Bank Accounts Frozen After Filing Bankruptcy
March 11, 2009 by · Leave a Comment
Within the past couple of years, a couple of banks have started freezing the funds in the deposit accounts of debtors when they file a Chapter 7 bankruptcy case. To my knowledge, the only two banks that are doing this are Wells Fargo Bank and Union Bank. They do this regardless of whether they are [...]
Success Rate in Filing Bankruptcy
December 14, 2008 by · Leave a Comment
Reaffirmation Agreements in Chapter 7
November 16, 2008 by · Leave a Comment
Much has been written already about reaffirmation agreements and this blog will not cover any new ground, but will provide a quick explanation for potential bankruptcy clients. A reaffirmation agreement is a contract entered into during the pendency of (usually) a Chapter 7 bankruptcy case which stops the particular debt from being discharged. In other [...]
Non-Filing Spouse’s Income Must Be Included in Bankruptcy
July 17, 2008 by · Leave a Comment
The fact that a non-filing spouse’s income must be included in the bankruptcy case of the other spouse is one of the most difficult concepts for my clients to grasp. The common scenario is this: Both Spouse’s Incomes Must Be “Included” One spouse has certain debts which are only in that spouse’s name and may [...]
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 [...]
