Category: Bankruptcy Law Archive
A Mixup with the Ex, an Unpaid Debt and a Lien on the House
Justin Harelik
October 27, 2016
Sometimes people come to bankruptcy attorneys with particularly sticky situations. One of the most common types of “sticky” situation following divorce comes when unpaid debt of one party affects the other party negatively. In fact, in some cases, the ex’s unpaid debt can result in a lawsuit that can cause ...
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My Ex Filed Bankruptcy and Left Me Holding an Unpaid Medical Bill
Justin Harelik
October 24, 2016
Throughout the normal course of life, many of us end up having major medical emergencies, chronic conditions, etc. These situations can leave behind heartache, pain, and…financial disaster in the form of massive medical bills. Sometimes this can lead to bankruptcy. In fact, major medical bills are one of the commonly ...
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Bankruptcy Means Test: Can I Deduct My Boat Payment?
Justin Harelik
October 21, 2016
A big part of determining eligibility for bankruptcy protection is the means test. So when a bankruptcy petitioner has questions about the means test, we take them seriously. Not only is it vital that all the information is accurate, but it also has to be extremely thorough. When it comes ...
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Filing Bankruptcy: When To Stop Making Payments to Creditors
Justin Harelik
May 31, 2016
When you decide to declare bankruptcy, you must make a comprehensive list of all creditors to which you owe money. Every one of them must be listed in the paperwork as bankruptcy is designed to treat all creditors fairly in regards to payment and nonpayment. Depending on the petitioner’s specific ...
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Addressing the Consequences of Fraud with Bankruptcy
Justin Harelik
May 20, 2016
The majority of card fraud occurs in the United States. In fact, research conducted by Barclays indicates that 47% of worldwide card fraud occurs in the U.S. even though we only claim 24% of the worldwide card volume. In 2014, 31.8 million U.S. consumers had their credit cards breached. That ...
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Bankruptcy Basics: Creditor Access to Consumer Wages & Funds
Justin Harelik
May 18, 2016
When a consumer owes a debt, the creditor has the right to collect on the debt. When the consumer cannot pay the debt, there are a number of different scenarios that could occur. For instance, if it is secured debt, such as a vehicle loan, the consumer can return the ...
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Bankruptcy Basics: Halting the Garnishment of Your Paycheck
Justin Harelik
May 16, 2016
Bankruptcy petitioners always have a reason that they filed for bankruptcy. In every instance it was because they had too much debt to handle, but in almost every instance there was also that one last problem or situation that caused them to make the leap to petition the court for ...
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Bankruptcy Does Not Discharge Criminal Debts
Justin Harelik
May 13, 2016
If you are facing a major amount of criminal debt and feel you have no way to feasibly cover the financial burden it imposes, you may be considering bankruptcy as a solution. The first thing you should know in this situation is that bankruptcy does not discharge criminal debts. The ...
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Bankruptcy’s Law of Preferences: Getting Garnished Wages Back
Justin Harelik
May 9, 2016
When in a tight situation financially, it can get to the point where you thought you could manage or catch up and suddenly, your bank account has been cleaned out and your wages are being garnished. This can be completely devastating as it leaves the individual (and sometimes family) without ...
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Purchasing a Vehicle Before Receiving Bankruptcy Discharge
Justin Harelik
May 6, 2016
There are many bankruptcy petitioners who fear the consequences wreaking havoc on their ability to have a vehicle and stay mobile. Bankruptcy laws may leave petitioners aware that they can’t keep the vehicle they have currently (for a number of different reasons), but equally aware that they will need a ...
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