In 2010, more than 1.5 million Americans filed bankruptcy
Post-bankruptcy debtors who still have debts to pay after their discharge need to ask themselves a consider a few things so that they can both prepare for retirement
Post-bankruptcy debtors must realize that dealing with the credit card industry is much like a game of musical chairs. Just when you think you got it all covered, the music stops or suddenly changes.
Some are suggesting that debtors skip the expense of working with a bankruptcy attorney and do a DIY bankruptcy filing Pro Se.
In the recent Chapter 7 bankruptcy case of a relatively affluent couple, one of which is an attorney, the bankruptcy judge denied the discharge of the couple’s debts. What did the couple do to deserve a bankruptcy discharge denial?
The CARD Act was suppose to put a lid on the virulent marketing of credit cards to young people but according to some experts, the situation has not improved much. Young people are still in debt with credit cards and credit card companies are coming up with creative ways to bilk the youth of their last penny.
It’s tax time again and many debtors are wondering if they can keep their tax refund after they file bankruptcy. Well, let’s take a look at how tax refunds are handled in both Chapter 7 bankruptcy and Chapter 13 bankruptcy:
Debtors who have filed Chapter 13 bankruptcy and are later unable to complete their plan payments due to financial difficulties often consider converting their case to a Chapter 7 bankruptcy. Most times the conversion of a Chapter 13 bankruptcy to a Chapter 7 bankruptcy goes forward without a problem.
In a recent Chapter 7 bankruptcy case where a debtor was facing a challenge to his bankruptcy discharge, the bankruptcy court ruled that the debt was dischargeable. Below are the details of the case:
Having a vehicle to get to and from work is an important part of recovering financially after Chapter 7 bankruptcy. That’s why bankruptcy offers many options for handling car loans. Let’s take a look at four options for handling your car loan in Chapter 7 bankruptcy:
