Tag: bankruptcy discharge Archive
Car Title Loans and Bankruptcy
One of the most frequently asked questions of prospective filers is what happens to car title loans associated with their vehicles and if they can keep the cars when the bankruptcy is completed. Most filers are already aware that they can save their home, but they are unsure about the ...
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Receiving an Inheritance Post-Bankruptcy
Bankruptcy in and of itself is a simple idea. It is the process by which a consumer applies for a discharge of debts due to severe financial strain. The complexity occurs when you realize that those consumers are people who are living their lives. They experience surprises, unplanned events, complications ...
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Purchasing a Vehicle Before Receiving Bankruptcy Discharge
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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Signs That You May Be Headed for Chapter 7 Bankruptcy
You may think that it should be obvious if you are headed for the type of financial situation that requires a bankruptcy filing. But in many cases, a number of issues come to a head at the same time, leaving consumers confused and unsure about where they are and if ...
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Selling Your Property Inside an Active Bankruptcy
If you are considering both selling your house AND filing for bankruptcy, you should consider a few “bankruptcy” facts before moving forward. First, there are differences between the bankruptcy dismissal and the bankruptcy discharge. A bankruptcy discharge indicates that all debts are written off or paid in full. However, a ...
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What Counts as an Asset to the Bankruptcy Court?
Some consumes fear filing for bankruptcy because of what they think the will have to give up. We all work hard for what we have. Even if what we have isn’t much, we still don’t want to have to give it up and start over. It makes bankruptcy seem like ...
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Your Ex Gets a Bankruptcy Discharge, Are You Still Responsible for Paying as Agreed in the Divorce Decree?
You got divorced. Your final divorce decree separated your assets and your debt between you and your ex. Your ex removed your name from your joint accounts. The final divorce decree states that you need to pay your ex a certain amount per month or until the debt is paid ...
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Payday Loan Scams And Bankruptcy
Payday loan scams can happen both during bankruptcy and post-bankruptcy. They have become a problem over the last few years as they can get pretty nasty and very scary. Luckily, if you know what to look for, they are easy to recognize. The Payday Loan Scam: You have a payday ...
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Credit Cards and Bankruptcy – “Saving” Cards from Bankruptcy Discharge
Many southern California bankruptcy experts would argue that the single most important thing you need to do when considering filing for bankruptcy is STOP using your credit cards. The worst thing you can do for a potential bankruptcy case is to give the appearance that you are “running up” your ...
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Receiving Collection Letters Post Bankruptcy
When a creditor does not properly cancel out an account that is listed in a bankruptcy discharge, filers who have received a discharge of debt may receive collection letters post bankruptcy. If you find yourself receiving collection letters post bankruptcy, remember that this is common and easily addressed. Sometimes accounts ...
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