WHAT HAPPENS WHEN A DEBTOR DIES WHILE IN BANKRUPTCY?
May 31, 2011
Rule 1016 of the Federal Rules of Bankruptcy Procedure addresses what happens to a bankruptcy case when a debtor dies. In Chapter 7 bankruptcy, the case continues. The estate of a Chapter 7 debtor is a...
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DISCLOSE YOUR CAUSE OF ACTION OR LOSE YOUR RIGHT TO SUE
May 31, 2011
When a person files bankruptcy, they are required to list all of their assets in their bankruptcy schedules. In bankruptcy, an asset is anything you own, but it also includes anything you may acquire c...
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WAITING TO FILE CHAPTER 13 BANKRUPTCY COULD COST YOU
May 31, 2011
Most of the time, when a client comes into my office to talk about filing bankruptcy, they have urgency to file. We can usually point to a single event that has caused them to seek out legal advice. Pe...
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FILING A CLAIM IN CHAPTER 13 BANKRUPTCY ISN’T JUST FOR THE CREDITORS
May 31, 2011
In Chapter 13 bankruptcy, debtors prepare a plan to repay their creditors. Creditors have an opportunity to review the plan, and if they feel they are being treated unfairly, they can file an objection...
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The Truth About Debt Settlement
May 31, 2011
I talk to people every day that tell me that a creditor has offered to settle their debt for less than what they owe. Unfortunately these creditors rarely tell the whole truth about how much settling t...
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