Author: Justin Harelik Archive
What Are the Ramifications of US Credit Card Debt if You No Longer Live in the US?
Justin Harelik
January 12, 2017
In a recent online discussion with a distressed woman, I was told the following story. A woman originally from Poland moved to the United States. She was married in the United States in 2009, but quickly realized she had entered into an abusive relationship and needed to get out and ...
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Obtaining Financial Aid & Student Loans After Bankruptcy
Justin Harelik
January 10, 2017
If you are a student considering bankruptcy, odds are you have wondered about how filing bankruptcy could affect your future eligibility for student financial aid and student loans. Will a successful bankruptcy affect your ability to obtain future assistance to pay school tuition, purchase books, and cover the costs of ...
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Chapter 7 Bankruptcy: Can it Save a Home from Foreclosure?
Justin Harelik
January 6, 2017
There are a lot of Americans who have, at one point or another, fallen behind on their mortgage payments. In some cases, the lender or mortgage company may consider working with the homeowner to work out a deal to catch up or get out of an upside down mortgage (i.e. ...
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How is Past Due Rent Treated During a Bankruptcy Case?
Justin Harelik
January 4, 2017
If you are a landlord and your past due tenant is not only moving out, but is also rumored to be considering bankruptcy, is there any benefit to suing for past due rent? How is past due rent treated in a bankruptcy filing? When it comes to a landlord/tenant relationship, ...
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Getting Divorced in the Midst of Chapter 13 Bankruptcy
Justin Harelik
January 2, 2017
Recently, I sat down in a consultation with a woman who was concerned about the status of her Chapter 13 bankruptcy in connection with a pending divorce. She wasn’t even sure how to ask the question, but after a bit of discussion we decided that what she really wanted to ...
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Life After Bankruptcy: When Creditors Forgive, But Don’t Forget
Justin Harelik
December 30, 2016
Have you ever loaned a friend or family member money? Maybe it was way back when you were 12 and your 16 year old sister really wanted your babysitting cash because she was headed to California with a friend and REALLY wanted to go shopping at the outlets on the ...
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That Old Debt in That Old Bankruptcy Filing
Justin Harelik
December 28, 2016
When you file bankruptcy, you are seeking the bankruptcy protection that has helped so many climb out of the deep pit debt can create due to the economy, industry changes, job loss, health complications, family emergencies, etc. Regardless of the reason or reasons behind your bankruptcy filing, you listed all ...
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Denied the Right to File Bankruptcy Based on a Recent Car Purchase?
Justin Harelik
December 26, 2016
In a recent consultation, a prospective bankruptcy filer suggested that they would not be eligible to file for bankruptcy because they recently purchased a car. They were overwhelmed by credit card balances, drowning in old medical bills, struggling with student loans, and at the point where they were having trouble ...
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Will Filing Bankruptcy Harm My Career?
Justin Harelik
December 23, 2016
For many people, a career is a major priority. Even for those who don’t love their jobs, the thought of not advancing is very distressing. Everyone wants to succeed at work even if only to maximize their earning potential. So many worry that when they file for bankruptcy it will ...
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Legal Separation’s Effect on Bankruptcy
Justin Harelik
December 21, 2016
Many people experience extreme financial distress during the same period when they are experiencing equally extreme distress in their relationship. We aren’t here to discuss if one situation is a catalyst for the other, but to outline how a legal separation alters the affect of bankruptcy on the filer and ...
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