Debt From Delinquent Utility Bills It's common for debtors to fall behind on payment obligations such as paying utilities when money is tight. When you begin the filing process you may wonder if you need to list these bills in your bankruptcy. Any delinquent accounts you have should be included in your filing. Utility bills [...]
Many consumers may wonder if they can keep their vehicle in a Chapter 7 bankruptcy . There is a motor vehicle exemption that may help protect your vehicle including any equity it may have. In understanding how much protection you qualify for includes reviewing the amount of equity you have in your vehicle. This often [...]
Here at Allmand Law we understand that charitable giving and volunteerism is an integral part of our commitment to serving our communities. The team here at Allmand Law is proud to announce our support for Cell Phones for Soldiers, a non-profit organization dedicated to providing cost-free communication services to active duty military members and veterans. [...]
Chapter 13 Bankruptcy and Unsecured DebtChapter 13 bankruptcy is a repayment plan approved by the court. It helps debtors repay debt obligations within 3 to 5 years. There are certain debts that are required to be paid through this plan. The chapter is commonly filed by those wanting to keep property such as their home [...]
Sometimes waiting to file bankruptcy is a better option for those wanting to keep their refund. Yet, it is possible to have your refund protected if it meets requirements depending on the state you reside. There is also the issue of being married and filing a joint return and wondering if the decision to file [...]
Before filing bankruptcy you should have a clear idea of what is going on with your finances. In short, review your situation in detail to understand if bankruptcy is the right solution. Discussing your situation with a bankruptcy attorney may include comparing other options to help resolve problems. Learning how bankruptcy can help you is [...]
Bankruptcy Appraisal on Personal Property Part of the filing process in bankruptcy includes listing personal property and its value. In bankruptcy you refer to the replacement value or the amount it would be worth if sold by a retail merchant based on the condition and age of the property. Depending on the item itself, you'll [...]
If you filed for Chapter 13 bankruptcy in the past and your case got dismissed, you may be able to file a new case. There are several factors that may need to be reviewed this time around. It is likely your situation has changed or is different from when you filed previously. Because of [...]
People often associate bankruptcy with the ability to wipe out or eliminate debt to gain a fresh start. Yet, the filing process has other advantages such as property protection, which can make things easier for debtors while getting finances back in order. Bankruptcy can stop creditor harassment and ease the stress associated with overwhelming [...]
Popular video game company Atari U.S. files Chapter 11 bankruptcy in an effort to help the company expand into new digital and mobile gaming concepts. The company has faced numerous financial problems in recent years. Close to 90 percent of Americans recognize the game company logo with some of their most popular games include "Pong" [...]