Many debtors considering bankruptcy are active members of their church, synagogue or mosque and committed to donating a certain amount of money to the organization. Filing for bankruptcy does not mean that a debtor's...
Unfortunately, there are a whole lot of bankruptcy myths out there, many of which lead people to fear bankruptcy as the boogie man in the closet that will destroy their financial well-being. Many times,...
In the bankruptcy case of Denger, Angela and Heath; In re the bankruptcy court denied a debtor's request to waive the financial management class. The details of the bankruptcy case: "The Chapter 7 debtor...
Most debtors who file bankruptcy are in a tough spot when it comes to their cars. Most of the time debtors who owe more on their cars than they're worth and really don't have...
Many debtors considering bankruptcy are often hesitant because they're not sure if they have crossed the line between just struggling financially and being completely bankruptcy. Rules of thumb to follow when considering bankruptcy: If...
The goal of bankruptcy proceedings is to obtain a discharge of debts, which means the debtor is no longer personally liable for that debt. Q: What does a "discharge of debt" mean, exactly? A:...
When a debtor files for Chapter 13 bankruptcy , he/she can choose to have the repayment amount automatically deducted from their paycheck. The bankruptcy deduction can be has high as you prefer or as...
