Tag: westgate law Archive
Thinking About Filing for Bankruptcy: The People Who Could File
There are three types of bankruptcy: Chapter 7, Chapter 11 and Chapter 13. If one doesn’t suit the situation, another is probably a good option. Many individuals and businesses interested in filing contact an expert in bankruptcy requesting a black and white answer to the common question, “Should I file ...
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Thinking About Filing for Bankruptcy: The People Who Should Not File
Filing for bankruptcy is a very useful way to gain protection from creditors and obtain a discharge of debt. But is it the best idea for everyone? Absolutely not; there are some who would be better off seeking out other options and bankruptcy alternatives. Who SHOULD NOT file for bankruptcy ...
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Thinking About Filing Bankruptcy: The People Who Should File
Layoffs, pay cuts, foreclosures…there are so many reasons for the drastic increase in debt burdened Americans who are toying with the idea of filing bankruptcy. Some are filing personally and some are filing for their business. In the fiscal year ending September 30th, 2008, the number of filings reached 1 ...
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Can the Trustee Come After My Assets when My Ex Files Bankruptcy?
When your ex files bankruptcy soon after the divorce, in some cases, the trustee will discover discrepancies in the handling of the marital assets. If they do, they could contact you regarding assets that your ex is entitled to that you may be in possession of in order to use ...
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Can You File for Bankruptcy on a House that Your Ex Got in the Divorce?
Sometimes the FINAL divorce decree isn’t quite as final as we would have liked. In many instances, what seems cut and dry at the time of the divorce isn’t as simple as you thought. For instance, your ex may get the house in the divorce, but if it isn’t specified ...
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Can I Buy My House Back at Auction After My Bankruptcy?
You filed for Chapter 7 bankruptcy earlier in the year and included your home since you owed substantially more than its now worth. You are still occupying the home and are now wondering if you can buy your own house back at the foreclosure auction. You have the money, but ...
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Can I Walk Away from My Inheritance Before Filing for Bankruptcy?
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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Should You Protect Your Home by Filing for Bankruptcy?
We’ve all had ups and downs financially. The problem comes when the down is completely unexpected or far below any expectation for which you may have made preparations. Regardless of how it happened, sometimes we can’t make it happen financially. If you find yourself in this situation, you may have ...
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Bankruptcy and Your Mortgage: Questions Answered
No matter how thorough we think we are when it comes to discussing bankruptcy and your mortgage, there are bound to be more questions. But we’re talking about your home here. It may be where you grew up. It may be where you raised your own kids. It may the ...
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Winning a Judgment Disrupted by Bankruptcy
When you hire someone to complete a job, pay them up front and then have to watch them walk away from it without completing it you can file a judgment against them in court in order to receive a return on the price you paid for any work that wasn’t ...
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