Monthly Archives: February 2013

What will be Discharged in a Chapter 7 Bankruptcy?

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?

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?

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?

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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Can your Creditor Arrest you for Non-payment of Debts?

Very often, debtors call inquiring whether they can be arrested if they have not been paying on certain debts.  They continuously receive hostile phone calls from creditors threatening them if they are unable to make their payments.  In fact, many … Continue reading

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