Chapter 7 Bancruptcy

If you file after a divorce, then you and your ex will have to file separate cases, probably with separate attorneys, and this will double your...

Can the equitable portion of a pension to be distributed in the future be discharged in bankruptcy?

A property settlement in divorce is nondischargeable in bankruptcy just as alimony and child support are. The Bankruptcy Code provision is...

How hard would it be for an individual to file for chapter 7?

Individuals who file for chapter 7 without an attorney are usually successful in receiving a discharge but often lose assets or place their...

I signed a non-compete with my previous employer. I am thinking of bankruptcy. Can the court nullify my non-compete?

Bankruptcy gives you two important rights that apply obliquely to your situation. One is the "automatic stay," which is the right to permanently...

As a general rule, you would want to state any financial accounts, including 401(k) or other retirement accounts, as assets in a bankruptcy. ...

Payday loans

You're in a complicated situation, as you know. I'll try to answer a few of your questions as best I can. It's not criminal to have more than...

Can a person convert a 13 into a 7 and add new creditors to it at that time?

Yes, as far as I can tell, what she did was proper. A person who files chapter 13 generally has the right to decide what property she can pay to...

My school went bankrupt do I have to pay back the loan?

I am an Arizona bankruptcy attorney, and I basically agree with the above answer. If you owe money to anyone who goes bankrupt, you can count on...