Category Archives: Bankruptcy filing

What will be Discharged in a Chapter 7 Bankruptcy?

Posted on February 15, 2013 by

After you receive your notice of discharge from the Bankruptcy Court, there are certain types of debt that will be discharged; In other words, there are certain types of debt that you will no longer be responsible for paying back … Continue reading →

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Is it Beneficial to me to File for Bankruptcy?

Posted on February 15, 2013 by

There are many widespread misconceptions that filing for bankruptcy is one of the worst decisions an individual can make regarding their financial situation.  This, in large part, is due to places like the credit card industry and payday loan companies … Continue reading →

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Can I Keep my Tax Refund if I File for Bankruptcy?

Posted on February 15, 2013 by

Many individuals wonder if they will be able to keep their Federal and State Income Tax Refunds if they are planning on filing a Chapter 7 bankruptcy.  The answer to this question depends on various circumstances including how much of … Continue reading →

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What is an Automatic Stay, and will it Help me?

Posted on February 15, 2013 by

Filing a bankruptcy case will offer immediate relief from the constant harassment from collection agencies and representatives that debtors suffer from prior to filing.  As soon as you file your bankruptcy petition, the automatic stay goes into effect. An automatic … Continue reading →

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Judgment Liens in Bankruptcy

Posted on January 25, 2013 by

If you have received a judgment against you and you own real property, such as a house, it is very likely that you have had a judgment lien put against your house.   A lien is a notice attached to your … Continue reading →

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Preferential Payments to Creditors Prior to Filing Bankruptcy

Posted on January 24, 2013 by

One of the questions that your attorney will ask you while preparing you bankruptcy petition is: “have you made any payments to any creditors that total $600 or more in the last 90 days?”.  This may seem like a strange … Continue reading →

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Different Types of Bankruptcy

Posted on January 24, 2013 by

When determining if filing for bankruptcy is the best option, many debtors are surprised to learn that there are several different types of bankruptcy.   Which type of bankruptcy that is best for you depends on certain qualifications for each, set … Continue reading →

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Unexempt Tax Refunds in a Chapter 7 Bankruptcy

Posted on December 6, 2012 by

One of the most frequently asked questions by people who are planning on filing a Chapter 7 bankruptcy near the end of the year or the very beginning of the year is “what will happen to my tax refund?” When … Continue reading →

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Who Will Find out you are Filing for Bankruptcy?

Posted on November 28, 2012 by

When considering filing for bankruptcy, many people are concerned about the perceived stigma surrounding filing for bankruptcy, and are worried about people finding out that they have filed.  Although certain debtors may feel they are part of the small few … Continue reading →

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How Will my Credit Report be Effected by Filing for Bankruptcy?

Posted on October 5, 2012 by

Your credit score is calculated by using five factors: the length of your credit history, the amount of new credit you have, the type of credit you have, your payment history, and the amounts that you owe.   Two of these … Continue reading →

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