Tag Archives: Chapter 13

Why Is The Size Of Your Household Relevant In Bankruptcy?

Bankruptcy Attorney

  If you want to file for bankruptcy protection one of the first things that a bankruptcy lawyer will ask is the size of your household. This is in addition to your debts, income, assets, and other relevant factors. Why is your household size important though? Does the bankruptcy court really need to know whether […]

Don’t Let Delays Drag Out Your Bankruptcy Case!

Bankruptcy Attorney

  If you have decided to file for bankruptcy protection then you want your case to be resolved as quickly as possible. Experienced bankruptcy lawyers will work very diligently on your behalf, representing you so that you get the best possible results from your case. The time required for a bankruptcy case to go from […]

When Bankruptcy Is Filed After Divorce Are You Responsible For The Debt Of Your Ex Spouse?

Bankruptcy Attorney

  Now that you are divorced what happens if your ex decides to file for bankruptcy? Are you responsible for the debts that they owe? When a divorce is finalized there is normally an agreement that details the assets and debts that the couple owe, both individually and jointly.   This agreement should determine who […]

A Majority Of Bankruptcies Are Due To Medical Bills

Bankruptcy Attorney

  When it comes to filing for bankruptcy medical bills top the lists for the reason that this step is taken. Even those lucky individuals who have medical insurance coverage often find that co-pays, deductibles, and expenses that are not covered can add up to a very substantial amount. A study that was performed in […]

Many Debt Settlement Companies Are Engaging In Unethical Practices!

Bankruptcy Attorney

  The current unethical practices that a number of debt settlement companies are engaging in has caused alarm among bankruptcy experts and many consumer advocates. The problem has reached such high levels that a consumer alert was recently released by the National Association of Consumer Bankruptcy Attorneys to warn the public about this issue. Debt […]

How Will Filing For Bankruptcy Affect My Account At A Credit Union?

Bankruptcy Attorney

  If I file for bankruptcy how will this affect my account at a credit union? This is a common question that many consumers are concerned about. A common misconception is that as soon as you file for bankruptcy you will lose your credit union account and this account will be closed. This is not […]

7 Ways That Bankruptcy Can Help With Debt And Financial Difficulties

Bankruptcy Attorney

  Bankruptcy can help with debt and financial difficulties in many ways. These can include the following benefits:       1. Eliminate unsecured personal credit card debt. Both chapter 7 and chapter 13 bankruptcy can help you eliminate unsecured credit card debt that you personally owe. If you pass the Means Test then chapter […]

Business And Personal Bankruptcies Are Picking Up Pace Across America

Bankruptcy Attorney

  According to many experts the recession ended in 2009, but for most consumers this news has not changed the current outlook. The pace of bankruptcy filings in America is on the rise, and this includes both personal bankruptcies and business bankruptcies. Every day the news in many major cities includes reports of companies that […]

Chronic Childhood Illnesses And Diseases Leave Many Parents Drowning In Medical Debt

Bankruptcy Attorney

  Many parents are drowning in medical debt due to the expense of a child who has a chronic childhood illness or disease, and often these parents feel like there is nowhere to turn for help with this debt. Children who suffer from these illnesses also face mounting medical debt once they turn 18 years […]

How Will A Tax Refund Affect Your Bankruptcy Case?

Bankruptcy Attorney

  Tax time can be a great time or a stressful one, depending on your financial and tax situation. On average most Americans received a tax refund of about $3,000, but many paid much more than this amount in during the tax year in question. What happens if you file for bankruptcy and then receive […]