Monthly Archives: March 2012

Are delinquent personal property taxes dischargeable in a chapter 7 bankruptcy case?

Posted on March 28, 2012 by

It depends on how old the property tax is. If the property tax is older than one year it will be dischargeable. §523(a)(1) lists the exceptions to discharge and refers to §507(a)(8) which describes a property tax as priority when it is … Continue reading →

Posted in Discharge of Debt, Taxes | Tagged , | Leave a comment

Bankruptcy and Medical Debt

Posted on March 12, 2012 by

A difficult economy creates resulting fallout of its own. Businesses and manufacturing have downsized and have reduced or eliminated the benefits of workers who have managed to keep their jobs. The cost of healthcare continues to increase. The recently unemployed … Continue reading →

Posted in Medical Bills and Bankruptcy | Tagged | 1 Comment

Does Chapter 7 Bankruptcy Eliminate All Bills?

Posted on March 9, 2012 by

Chapter 7 eliminates most of a debtor’s unsecured debts. A debt is unsecured when the debtor did not pledge a personal property or real property as security for a loan. Sometimes, a security agreement is made without that the debtor … Continue reading →

Posted in Chapter 7 Bankruptcy, Discharge of Debt, Means Test | Tagged , , | 1 Comment

Creditors Should Stop Calling Once You File Your Bankruptcy Case

Posted on March 5, 2012 by

Federal bankruptcy law prohibits creditors from contacting you about debts that are included in your bankruptcy. One of the benefits of filing for bankruptcy is the peaceful feeling of knowing you have freed yourself from your debt. This means that … Continue reading →

Posted in Automatic Stay, Collection Harassment | Tagged , | 2 Comments