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Bankruptcy Issues

Can I Pursue Payment on a Judgment Post-Bankruptcy?

There are a lot of questions that get asked over and over by people considering bankruptcy or petitioners in the midst of the bankruptcy process. They can usually be found on any bankruptcy lawyer’s FAQ page. Then there are the questions that I wish were asked more frequently. One such ...
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Bankruptcy Issues

Bankruptcy Tips and Hints: How & When to File Bankruptcy

Debtors who decide to take that huge step called bankruptcy often make one common mistake – they rush. They turn that huge step towards financial freedom into a mad dash without even considering the consequences and potential changes to their life and goals. Bankruptcy protection offers a great solution for ...
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bankruptcy

Will My Kids Have to Pay off My Debt When I Die?

There’s comes a time in everyone’s life when they consider the possibility of their death. When this time comes some are thinking about things they still want to do while others are thinking of tasks left undone. Some think of places they still want to go and things they still ...
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bankruptcies

Bankruptcy & Debt: Do Judgments Expire?

Sometimes individuals may be unaware that there is a judgment out against them. In fact, this can go on for years. Eventually, they do discover the issue. Most will receive a letter or some other form of contact from an attorney advising them that they have a judgment against them. ...
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Bankruptcy Issues

Picking and Choosing: Bankruptcy & Creditors

When you file for bankruptcy, you do not have the choice of choosing which creditors to list in your bankruptcy – there is no picking and choosing! Your list of creditors should be all-inclusive even if you plan to pay them off yourself or even if they are not eligible for ...
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bankruptcy attorneys

Converting Your Bankruptcy: Chapter 13 to a Chapter 7?

Talking to a bankruptcy attorney is imperative when considering converting a Chapter 13 to a Chapter 7. There are many different issues you need to be aware of before you make this decision. If you are in a Chapter 13 Bankruptcy there is a possibility that converting to a Chapter 7 ...
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Bankruptcy Issues

The “Homesteading” Part of the Bankruptcy Process

When a person files for Chapter 7 Bankruptcy, they are entitled to a homestead exemption.  This amount differs from state to state. If the bankruptcy trustee determines that you have more equity in your home than is allowed, they are allowed to sell the home to the highest bidder, pay you ...
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assets

Should I or Should I Not: The Bankruptcy Dilemma

Bankruptcy can affect you for a long time, so it’s prudent to consider other options before jumping in with a petition for bankruptcy. Many business owners who come to a point where they have to acknowledge that their business is failing panic and this leaves them missing additional options, or ...
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bankruptcy clause

What’s That in My Lease…A Bankruptcy Clause?

Would you ever consider signing a lease with a “no bankruptcy clause?” Does it help for me to tell you that doing so will not put you in danger should you reach the point where you need to file? I do have to say that any lessor who includes this ...
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Bankruptcy Issues

Protecting Your Partner from Your Bankruptcy Filing

Filing bankruptcy can affect anyone else who shares in a listed asset. You should consider this carefully before you decide to file for bankruptcy. You’ll want to do what you can to protect your partner’s good credit from the effects of your bankruptcy. The car and house must be listed ...
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