Monthly Archives: March 2012

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

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

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Bankruptcy and Medical Debt

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?

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

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 | Tagged , | 2 Comments