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Monthly Archives: February 2015

What Happens in a Creditors Meeting in a Bankruptcy?

February 26, 2015 | Posted in Bankruptcy

Going through a bankruptcy can temporarily add to the stress that you are most likely already experiencing with your current financial situation. The bankruptcy process can be complex and it is difficult to understand all that is involved if you have no legal background. It is important that you find yourself a good resource like […]

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Do I Have to Declare My Tax Return in Bankruptcy?

February 24, 2015 | Posted in Taxes

Entering into a Cincinnati bankruptcy can be confusing, over whelming and stressful. There are many concerns that arise like what will happen to your assets, and what do you have to declare. If you are expecting a tax return, do you have to divulge this information? What happens to your tax return will depend on […]

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Questions You Need to Ask About Bankruptcy

February 19, 2015 | Posted in Bankruptcy

The most important question is whether you need to even consider going bankrupt. Just because you are in financial difficulty it doesn’t mean that you need to take this type of action. The next question you need to ask yourself is do you need to use the services of a bankruptcy attorney?  The answer to […]

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Your Tax Returns In Bankruptcy

February 17, 2015 | Posted in Taxes

When you are in such a tight financial situation that it is leading you into bankruptcy, perhaps the only pleasant thought that exists at the moment is that you are going to be getting a good tax refund. Then the question arises as to what is going to happen to this in your bankruptcy. Income […]

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Will Bankruptcy Stop Foreclosure on My Home?

February 12, 2015 | Posted in Foreclosure

In most cases it is a shortage of income that leads an individual into bankruptcy, simple because their debt outweighs the money they are bringing in. The majority of people going bankrupt are not doing so simply because they don’t want to pay their debts, it’s a matter of them not being able to. As […]

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What Does Reaffirmation Mean in Bankruptcy?

February 10, 2015 | Posted in Debt

There may be some situations where under a Chapter 7 Bankruptcy that you want to continue paying on a debt, and don’t want it included in the bankruptcy. It may be that you need and want to keep your vehicle which you still owe money on. If you decide to keep paying this debt then […]

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Things To Consider Before Filing for Bankruptcy

February 5, 2015 | Posted in Bankruptcy

Bankruptcy is something that a lot of people don’t want to even think about. Having to do so means they are in great financial difficulty. At the same time it gives them some sense of relief knowing that it may be there for them as a last resource. The biggest factor to keep in mind […]

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Is There A Tax Debt Discharge In Bankruptcy?

February 3, 2015 | Posted in Taxes

One of the most common debts that many individuals end up with that gets out of control is their tax debt. They may have fallen into arrears and penalties and interest just keep mounting. There is no light at the end of the tunnel for being able to pay this debt off because of the […]

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