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Bankruptcy Blog

An Example Why Passing the Means Test May Be Easier in 2018

An Example Why Passing the Means Test May Be Easier in 2018

Filing bankruptcy before the end of December may help you qualify for Chapter 7 bankruptcy. Here's an example showing how this could work...
Pass the Means Test by Filing Bankruptcy in 2018

Pass the Means Test by Filing Bankruptcy in 2018

The timing of your bankruptcy filing can determine whether you qualify for quick Chapter 7 vs. paying into a Chapter 13 plan for 3-5 years...
The Surprising Benefits: Keeping Your Vehicle Lease under Chapter 13

The Surprising Benefits: Keeping Your Vehicle Lease under Chapter 13

You can keep your leased vehicle under Chapter 7 if you're current. If not, or have other reasons to do a Chapter 13 case, that works too...
Benefits under Chapter 7: Keeping Your Vehicle Lease

Benefits under Chapter 7: Keeping Your Vehicle Lease

If you file a Chapter 7 case and write off your other debts, will you want to keep your vehicle lease? You can if you're current on it now...
The Surprising Benefits: Ending Your Vehicle Lease under Chapter 13

The Surprising Benefits: Ending Your Vehicle Lease under Chapter 13

Chapter 7 gets you out of a vehicle lease owing nothing. Chapter 13 is more complicated but can give you pretty much the same good result...

Chapter 7: Rejecting a Vehicle Lease

Rejecting a vehicle lease in a Chapter 7 case simply requires a formal statement that you reject it.  The Option of “Rejecting” the Lease When you file bankruptcy, you get to choose if you want to keep your leased vehicle. Specifically, you choose to either “assume” or “reject” the vehicle lease. Assuming a vehicle lease... Read More...
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