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Allmand Law Firm
June 4, 2013 Bankruptcy

Does Income of Both Spouses Need to Be Reported in Bankruptcy if Only One Spouse is Filing?

When you file bankruptcy protection you are required to report household income to determine eligibility of the chapter you wish to file. The same is true for married couples who file a joint bankruptcy...

Allmand Law Firm
June 3, 2013 Bankruptcy

When Bankruptcy is Necessary for an Incompetent Debtor

Most often when you think about filing bankruptcy the process is completed by the debtor seeking protection. Yet, there are special circumstances in which a debtor may not be able to file a petition...

Comedian Sinbad Files Bankruptcy Again

Comedian David Adkins, better known as Sinbad, filed for Chapter 13 bankruptcy protection. He filed for bankruptcy protection previously in 2009. The 56-year-old funny man jokingly claims to be broke, but documents related to his filing...

How Chapter 13 Bankruptcy May Reduce Your Principal Loan Balance

Can Bankruptcy Reduce Your Principal Loan Balance? Did you know that Chapter 13 bankruptcy may help you reduce your principal loan balance on certain secured debts? Many consumers may not realize they'd qualify to...

Allmand Law Firm
May 29, 2013 Bankruptcy

Does Bankruptcy Protect Workers Compensation Benefits?

Bankruptcy and Workers Compensation Workers compensation benefits are funds made payable to an individual who was injured while on the job and unable to perform their duties due to the injury. The compensation may...

Allmand Law Firm
May 24, 2013 Bankruptcy

Understanding the Significance of What Bankruptcy Can Do For You

Bankruptcy is one of the most powerful tools consumers can utilize to regain financial control. When considering this option you should get a clear idea as to how it can help improve your situation....

Getting Debt Discharged in Chapter 13 Bankruptcy

Many people who think about getting debt discharged may assume it can only be erased through Chapter 7 bankruptcy . In fact, Chapter 13 bankruptcy has the ability to not only discharge debt, but...

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