Debts That Aren't Discharged in Bankruptcy
Aug 30, 2012
Bankruptcy provides three big remedies for debtors. The first is the automatic stay: a court order that stops garnishments, foreclosures and collection phone calls for the duration of the bankruptcy. T...
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Payday Loans in Maryland
Aug 24, 2012
A payday loan is a small, short-term loan often due within two weeks (on the borrowers payday). They are notorious for high interest rates and they are banned in many states. According to Harpers Magaz...
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Questions to ask during a bankruptcy consultation
Aug 17, 2012
Most consumer bankruptcy attorneys offer a free consultation. Its the attorneys chance to get to learn about the situation (and what needs to be done), and its the consumers chance to get to learn abou...
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Can You Lose Your Job for Filing Bankruptcy?
Aug 10, 2012
Many people who are considering a bankruptcy petition worry about their jobs. Will they lose their jobs or their security clearances or will their employers be notified? Most people have nothing at all...
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Stripping Second Mortgages in Chapter 13 Bankruptcy
Aug 01, 2012
In Chapter 13 cases, debtors who file the right motions are often allowed to treat their second mortgages as unsecured debt. They continue to pay their first mortgage as usual, but they no longer make ...
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The "Means Test" in Bankruptcy
Jul 27, 2012
In 2005, Congress passed a law referred to as BAPCPA (The Bankruptcy Abuse Prevention and Consumer Protection Act) which introduced a means test to bankruptcy law. The means test is extremely important...
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Bankruptcy and Tax Debt
Jul 20, 2012
11 U.S.C. 523 lists debts that cannot be discharged in bankruptcy. Tax debts may be dischargeable or nondischargeable (in other words, the debtor will no longer owe the debts) depending on a number of...
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Stopping Creditor Calls
Jul 06, 2012
In January 2011, this blog published a guest column by Pablo Gibson about bankruptcy and creditor harassment. Id like to look at creditor calls more broadly, and outside of bankruptcy.
CREDITOR CALLS ...
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More on Student Loans and Bankruptcy
Jun 29, 2012
The American Bankruptcy Institute podcast is a discussion of bankruptcy and student loan debt by professors Daniel Austin of Northeastern University School of Law, G. Marcus Cole of Stanford Law School...
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Student Loans Outside of Bankruptcy
Jun 22, 2012
Last weeks article concluded that student loans cannot be discharged in bankruptcy without a 3-part showing of undue hardship (the Brunner test). In Chapter 13 cases, student loans may be considered ei...
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