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Credit and Bankruptcy

Allmand Law Firm
August 22, 2013 Credit and Bankruptcy

Getting Protection through Bankruptcy Before Creditors Make Their Move against You

It is common for people to have outstanding debt and while the amount owed varies, many may not be aware of how close they are to having their creditor take legal action against them....

Allmand Law Firm
August 15, 2013 Credit and Bankruptcy

If I Am Being Sued by a Creditor Can Bankruptcy Get Rid of the Lawsuit? – Bankruptcy Attorney

Getting rid of a lawsuit in bankruptcy depends on a few factors. One of the main factors includes determining if the liability associated with it is dischargeable. Sometimes a debtor may receive a lawsuit or...

Allmand Law Firm
May 8, 2013 Credit and Bankruptcy

Can a Bank Account Belonging to My Spouse Be Sought by Creditors in Bankruptcy?

In many cases, assets that belong to your spouse may be off limits to creditors but it depends on the circumstances of the spouse filing for protection. There are a few factors to review...

Allmand Law Firm
September 17, 2012 Credit and Bankruptcy

Plastic Dependency

Credit Cards have been around for decades, and the debt that can come along with them can pose real financial challenges. Here's a look at the state of credit card debt and how it's...

Allmand Law Firm
September 10, 2012 Credit and Bankruptcy

How Does Filing Bankruptcy Protect You from Creditors?

When a person or business seeks bankruptcy protection, some may wonder how a filing offers protection.  When bankruptcy is filed a protection order known as the automatic stay becomes effective immediately.  The action is...

Allmand Law Firm
September 4, 2012 Credit and Bankruptcy

If I am Being Sued is it Too Late to Make an Agreement with the Creditor?

Ignoring credit card debt is common for many consumers, that is, until a lawsuit is filed against you for outstanding debt owed. You still have the option of making an agreement with the creditor...

Allmand Law Firm
August 16, 2012 Credit and Bankruptcy

How is Credit Card Debt Handled in Chapter 13 Bankruptcy?

Credit Card Debt and Bankruptcy Chapter 13 bankruptcy helps debtors reorganize their debt into manageable payments scheduled over a certain time period. When it comes to credit card debt , the amount you pay...