Tag: filing for bankruptcy 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 ...
Read More →
Having Your Wages Garnished for a Debt Discharged Through Bankruptcy
Justin Harelik
October 26, 2016
The purpose of filing for bankruptcy is to get out from under an impossible amount of debt. In fact, when filing Chapter 7 bankruptcy, a successful ending will find the bankruptcy petitioner holding a discharge of debt that does just that. It discharges all eligible debt associated with the bankruptcy. ...
Read More →
I Owe More Than My Motorhome is Worth: What Should I Do?
Justin Harelik
October 25, 2016
We’ve all made mistakes. And we’ve all made good decisions that in the long run, had negative consequences. No matter how we go about predicting the future: algorithms, statistics, tarot cards…sometimes we’re wrong because the future has a way of coming at you when you least expect it. Sometimes the ...
Read More →
Planning Your Bankruptcy…and Your Wedding?
Justin Harelik
October 20, 2016
When planning your wedding, hopefully debt and bankruptcy and financial trouble don’t need to be a part of the discussion. In a perfect world, the conversation would revolve around the flowers, the dress, the venue, the guest list, and…the wedded bliss soon to come! But sometimes, affianced couples DO have ...
Read More →
Car Title Loans and Bankruptcy
Justin Harelik
July 19, 2016
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 ...
Read More →
Can Debt Collectors Demand Payment from Third Parties?
Justin Harelik
July 15, 2016
We know from a previous article that debt collectors are governed by strict guidelines; some of which restrict their contact with third parties in regards to your debt. Yet it is obvious that the reality of the matter has collectors breaking a lot of the rules a lot of the ...
Read More →
Bankruptcy Basics: Legality of Debt Collection from 3rd Parties
Justin Harelik
July 13, 2016
When it comes to debt collection, it all feels wrong. It feels mean and unjust and underhanded even when the collector is attempting to collect on a valid debt. This feeling of being “wronged” by the people and/or companies that are trying to get money out of you to pay ...
Read More →
Can a Chapter 13 Bankruptcy Payment be Deferred?
Justin Harelik
July 11, 2016
When you declare Chapter 13 bankruptcy, the bankruptcy court determines a set pay schedule for a pre-determined amount of time. In cases where unforeseen events cause major dips and dives in the income of bankruptcy filers post-bankruptcy, they can come up against a major problem: the inability to make the ...
Read More →
Determining Whether You Owe on a 2nd Mortgage Post-Bankruptcy
Justin Harelik
July 7, 2016
Was your home equity loan reaffirmed during your bankruptcy? Have you been making payments towards the debt religiously ever since your discharge without being sure if they are being applied or not? Do you actually owe the debt or was it included in your bankruptcy discharge? These are huge questions ...
Read More →
The Meaning of Surrender in Terms of Bankruptcy
Justin Harelik
July 1, 2016
When you’re filing bankruptcy, the word “surrender” doesn’t actually mean surrender. Bankruptcy has a way of altering the meaning of words that we all think we know under normal circumstances and surrender just happens to be one of them. For instance, many bankruptcy petitioners surrender their car or their property. ...
Read More →