Holiday OverSpending & Bankruptcy
Dec 22, 2012
With the holidays approaching, most people are stressed about their finances and the long list of gifts they need to buy. It is common for people to decide they will spend what they need for Christmas,...
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What is “Chapter 20″ in Bankruptcy?
Nov 29, 2012
You may have heard people refer to a Chapter 20 bankruptcy, even though though it technically does not exist. A "Chapter 20" is the combination of a debtor filing a Chapter 7 and Chapter 13, one right ...
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Objections to Dischargeability….It isn’t always a large creditor!
Nov 10, 2012
Pusuant to 11 U.S.C. 523, certain debts can be deemed not eligible for dischargein a bankruptcy case. Examples include past due child support and damages arising from a DUI. Debts like student loans ar...
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Secured Credit Cards in Bankruptcy
Oct 27, 2012
The two most common types of debt in a bankruptcy filing are secured and unsecured debt. Generally, credit card debt is unsecured and eligible for discharge. However, some credit card debt is secured. ...
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Protect your identity!
Sep 30, 2012
Protecting your identity is harder in todays world of technology. However, it is worth the effort to insure that your financial security is not put in jeopardy. It is always important to monitor to you...
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Filing Bankruptcy……What does “full financial disclosure” mean?
Sep 18, 2012
When you file a Chapter 7 or Chapter 13 bankruptcy case, the court requires you to make full financial disclosure. In general, this means you have to inform the court of everything you own and everythi...
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Bankruptcy: Where can your business file?
Aug 25, 2012
Most people are aware that individuals seeking to file a bankruptcy case must file in the district where that person has his domicileor residence. But, where does your business file bankruptcy? The ans...
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Co-Signors & How YOUR Bankruptcy Can Protect Them
Aug 25, 2012
In todays economy, it is common for borrowers to need a co-signor in order to qualify for a loan. Most co-signors are parents, spouses, other relatives, or close friends of the borrower. Thus, when a b...
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Should Senior Citizens File Bankruptcy?
Jul 28, 2012
Many people believe that once you achieve senior citizen status, the special privileges you receive extend to the bankruptcyprocess. While there may be a few minor differences when a bankruptcy is file...
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HOA Fees in your Pennsylvania Bankruptcy Case
Jul 28, 2012
Debtors are often surprised to learn that they can be held personally liable to pay their homeowners association (HOA)fees after filing for bankruptcy protection. This is true even if the debtor has mo...
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