Tag: westgate law Archive
What Happens When You Miss a Chapter 13 Bankruptcy Payment?
Justin Harelik
December 9, 2016
A Chapter 13 bankruptcy is often referred to as a reorganization bankruptcy. It allows people who see a regular income to create a plan to repay all or a designated part of their debt through the bankruptcy court and the assistance of a bankruptcy trustee. Under the Chapter 13 bankruptcy, ...
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Chapter 7 Bankruptcy: Why is My Bank Account Still Frozen?
Justin Harelik
November 25, 2016
If you’ve filed for Chapter 7 bankruptcy, you case is complete and you have received your discharge of debt, you’re probably dancing on the rooftop – or at least on a countertop! That is, unless you have lingering issues such as a bank account that is mysteriously still frozen. If ...
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Bankruptcy & Your Home Business
Justin Harelik
November 23, 2016
If you run a small business from your home, you’re probably wondering if you need to include it in your bankruptcy filing. If you are declaring Chapter 7 bankruptcy on your personal debts, do you have to get your small business involved? This is another specific situation that may require ...
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Chapter 13 Bankruptcy: Can I Strip a Second Mortgage?
Justin Harelik
November 21, 2016
When filing a Chapter 13 bankruptcy, you may be able to strip a second mortgage if there is no equity in your home after the first mortgage. In this instance, the second mortgage can be treated similar to any other unsecured lien (like a credit card debt) and the debtor ...
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Does a Quit Claim Deed Provide Release from a Mortgage Note?
Justin Harelik
November 18, 2016
Being an adult is hard sometimes. And one of those times occurs when there’s a shortage of money, relationships have ended, property has been divided (theoretically) and someone is filing bankruptcy. In some cases, it can seem like you’re being pressured from all sides to do something that you don’t ...
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Lease-to-Own Property and the Chapter 13 Bankruptcy
Justin Harelik
November 16, 2016
There are all kinds of ways to get overwhelmed by debt. You might start off with a little bit of credit card debt, and then add a mortgage. A little while later you may throw in an auto loan or two. Along the way, you may be very friendly with ...
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Stopping Wage Garnishment During Bankruptcy
Justin Harelik
November 14, 2016
Wage garnishment can cause major financial trouble. For those already considering filing for bankruptcy, it can be a catastrophe. That’s why it’s so important to know your rights regarding wage garnishment, bankruptcy, and stopping wage garnishment during bankruptcy. If you have filed for bankruptcy and your wages are still being ...
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California Bankruptcy: Can I Keep My Car?
Justin Harelik
November 11, 2016
If you file for bankruptcy, do you have to give up your car? This is one of the two most commonly asked questions by potential bankruptcy petitioners, the other being about the loss of the house. In some cases, the bankruptcy has been postponed out of fear of this particular ...
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Hanging Onto Your House When Filing Chapter 7 Bankruptcy
Justin Harelik
November 7, 2016
The main concern of many bankruptcy petitioners is their home. They know that bankruptcy is their best (or only) means of solving their financial situation, but they don’t want to lose their house. Many are willing to go to extreme measures not to lose their home. Consider this real life ...
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Wage Garnishment After Filing for Bankruptcy
Justin Harelik
November 4, 2016
No one likes his or her wages to be garnished and everyone wants money that was garnished to be returned. Those are just the facts. But depending on when your wages were garnished, what stage of the transfer process the funds were at when they filed, and whether or not ...
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