Category Archives: Bankruptcy filing

If I File for Bankruptcy, Can I Keep my Home?

Posted on September 26, 2013 by

The potential to lose your home can be one of the most stressful and emotionally trying aspects of going through a tough financial period in your life.  While some may consider filing for bankruptcy, many people fear that in that … Continue reading →

Posted in Automatic Stay, Bankruptcy filing, Bankruptcy General, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Exemptions, Foreclosure, Homestead exemption, Protected Assets | Comments Off on If I File for Bankruptcy, Can I Keep my Home?

What is the Automatic Stay?

Posted on September 12, 2013 by

In Bankruptcy, an automatic stay protects a debtor from his or her creditors.  The automatic stay prevents a creditor from collecting on debts incurred by the debtor.  The automatic stay is effective immediately upon the filing of the bankruptcy.  As … Continue reading →

Posted in Automatic Stay, Bankruptcy filing, Bankruptcy General, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Collection Harassment, Foreclosure, Secured Property | Comments Off on What is the Automatic Stay?

Can I Keep My Tax Refund in a Chapter 7?

Posted on September 12, 2013 by

Many people who are interested in filing for Chapter 7 Bankruptcy are interested to know if they are able to keep their tax refunds if they decide to file.  The answer to this question depends on when your case is … Continue reading →

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Do I Have to File for Bankruptcy with my Spouse?

Posted on September 12, 2013 by

Debtors who are married often wonder if they are required to file for bankruptcy with their spouse.  The answer to this question is no; a debtor is not required to file for bankruptcy jointly with their spouse if they are … Continue reading →

Posted in Bankruptcy filing, Bankruptcy General, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Means Test, Protected Assets, Secured Property | Comments Off on Do I Have to File for Bankruptcy with my Spouse?

How to Build Credit Post-Filing

Posted on August 29, 2013 by

As many people know, filing for bankruptcy will effect your credit score.  The question many people want to know is how much will their credit be effected, and how do they rebuild it after filing for bankruptcy.  It is nearly … Continue reading →

Posted in Bankruptcy filing, Bankruptcy General, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Discharge of Debt, Reaffirmation Agreements | Comments Off on How to Build Credit Post-Filing

Effects of Filing for Bankruptcy

Posted on August 29, 2013 by

For many people, the thought of filing for bankruptcy brings up many questions that have to do with eliminating debt and concerns about the potential loss of property.  However, for some people, the questions they have go much deeper than … Continue reading →

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Social Security Income and Bankruptcy

Posted on August 15, 2013 by

Many debtors wonder if they can and should file for bankruptcy if they are only receiving Social Security Income.   If you are only collecting Social Security Income, your creditors cannot garnish your wages and cannot levy, or freeze, your bank … Continue reading →

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What is a “Motion to Dismiss”?

Posted on August 15, 2013 by

Often, when in a Chapter 13 Bankruptcy case, debtors will receive notice from the court and their attorney that there has been a “motion to dismiss” filed in their case.   A motion to dismiss can be filed by a number … Continue reading →

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Do I have to go to Court if I file for Bankruptcy?

Posted on July 31, 2013 by

When deciding whether to file a Chapter 7 or Chapter 13 Bankruptcy, many debtors wonder if they will have to appear in court during the process.  Some let the thought of appearing in court deter them from filing a bankruptcy … Continue reading →

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Inheritance in a Chapter 7 Bankruptcy

Posted on July 2, 2013 by

Often times, the situation of receiving large inheritances while in a Chapter 7 bankruptcy comes up.  Whether there was a death in the family, or there was a large suit you received compensation from, receiving a large, lump sum of … Continue reading →

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