Tag: file for bankruptcy Archive
Can I Walk Away from My Inheritance Before Filing for Bankruptcy?
Justin Harelik
August 18, 2015
Sometimes receiving an inheritance is amazing. Sometimes it’s a blessing. Sometimes it can even be a downright lifesaver. But then there are times when you feel like it’s the last thing you want! Some who have finally turned to bankruptcy as a solution for their impossible financial situations will be ...
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What Counts as an Asset to the Bankruptcy Court?
Justin Harelik
July 29, 2015
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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Bankruptcy After Divorce: Filing in Contempt of the Divorce Decree
Justin Harelik
July 28, 2015
When couples get divorced, they receive a divorce decree. The divorce decree is the final decision of the court regarding how affairs will be managed post-divorce. In some divorces there is debt to be divided. In addition to dividing the debt, some decrees will specifically forbid either party from filing ...
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Before I Filed for Bankruptcy I had a 750 Credit Score: Can I Get it Back?
Justin Harelik
June 24, 2015
Many bankruptcy petitioners are extremely concerned with their credit score. Some enjoyed the benefits of a fantastic credit score pre-bankruptcy and despair ever getting it back. You may find yourself wondering, “Can I get back the 750 credit score I had before I filed for bankruptcy?” If you do, you ...
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What happens to my home if I file for bankruptcy?
Justin Harelik
April 21, 2015
Many worry about their living arrangements post-bankruptcy. What happens to my home if I file for bankruptcy? Will you be able to buy a home in the future if you’ve got a bankruptcy on your record? Will you be approved for long-term lease agreements even though you’ve filed for bankruptcy? Addressing ...
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HELOC and bankruptcy: Negotiating, Foreclosing or Settling?
Justin Harelik
April 16, 2015
If you have questions regarding how filing for bankruptcy will affect your home equity line of credit, meet with an attorney and have HELOC and bankruptcy explained to you before proceeding. When you file for bankruptcy, the trustee reviews your case. If the trustee has no issues with your petition, ...
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Bankruptcy and Divorce: When Your Ex Files Without Adhering to the Property Settlement Agreement
Justin Harelik
March 26, 2015
So you filed for divorce. During the divorce process, a Property Settlement Agreement (also known as the Marital Settlement Agreement) was created detailing out the division of assets and liabilities. In this agreement, it’s common for the family home to be designated to one of the two parties. When this ...
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What Happens to Judgments You Hold When Filing for Bankruptcy?
Justin Harelik
March 12, 2015
There is always a lot of discussion regarding judgments and bankruptcy. But in most cases, the discussion is all about how to avoid getting a judgment against you for outstanding debt or how to handle a judgment if it’s already in place, etc. What we don’t talk about very much ...
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Bankruptcy Eligibility: Do I Make Too Much Money?
Justin Harelik
December 29, 2014
If you are worried about whether or not you make too much money to file for bankruptcy, you should make an appointment to discuss it in detail with an experienced California bankruptcy attorney. There are some guidelines that you can consider in order to get an idea of whether or ...
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Becoming Debt Free: Your Third Step
Justin Harelik
December 23, 2014
The third step in becoming debt free is to file for bankruptcy. The fact that they call it “filing” takes away from the excitement of the idea, but it’s a big day for you! Your bankruptcy attorney will file your bankruptcy electronically so it can be submitted anytime 24/7. The ...
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