Do Lawsuits Continue if You File Bankruptcy ? Casey Anthony will find out soon !
Jun 24, 2013
It really depends ! The Casey Anthony bankruptcy case and state court lawsuits against her provide an insight.
For almost all situations, a temporary hold, or Stay, is put in place when you file b...
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Why does federal law tell me I can represent myself in bankruptcy ?
Jun 18, 2013
Under US bankruptcy law, the following notice is required to be given to folks that we meet with to discuss bankruptcy. You will notice that the law reminds you that you can represent yourself in bank...
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Chapter 13 - Repayment of All or Part of the Debts of an Individual with Regular Income
Jun 17, 2013
Chapter 13 is designed for individuals with a regular and stable source of income who are temporarily unable to pay their debts but who desire to use their best efforts and good faith to pay them in i...
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Chapter 7 Bankruptcy
Jun 14, 2013
Chapter 7 is designed for debtors who are having financial difficulties and are not able to repay their debts.If your current monthly income is above the State Median income you will be required to pe...
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How can debtors obtain a copy of their credit reports and correct any errors?
Jun 13, 2013
Whenever a debtors application for credit is denied, the credit issuer is required to give the debtor, on request, a copy of any credit report that was used in making the decision. Otherwise, debtor...
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What can debtors do to re-establish their credit after filing bankruptcy?
Jun 12, 2013
A mandatory debtor education program is required in connection with Chapter 7 and Chapter 13 cases that can help debtors understand how to re-establish and maintain good credit. Also, after discharge...
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How do I know when my bankruptcy case is completed, and I am no longer in bankruptcy?
Jun 12, 2013
At the conclusion of an individuals bankruptcy case, the court enters an order closing the case, and a copy of this order is sent to the debtor. Unless the trustee has assets to distribute to creditor...
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Does a bankruptcy case automatically remove liens—such as mortgages --against a debtor’s property?
Jun 11, 2013
No. Liens can be placed on a debtors property in many different ways. Some are by agreements, like mortgages and auto liens. Others are by operation of the law, like property tax liens on a debtors h...
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What should a debtor do if a creditor does demand payment of a debt that is listed in the bankruptcy schedules?
Jun 10, 2013
If a creditor who is listed in the debtors schedules attempts in any way to collect a scheduled debt, the debtor should inform the creditor that a bankruptcy case has been filed and request that the ...
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What are the main purposes of bankruptcy for individuals who cannot pay their debts?
Jun 05, 2013
For individuals who cannot pay their debtscalled "debtors" bankruptcy has two main purposes:
First, bankruptcy operates to give the people who are owed money the creditors -- a fair share of the mone...
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