Study Shows Chapter 7 Debtors Represented by an Attorney Are “Almost Ten Times More Likely to Receive a Discharge” of their Debts
My own professional experience about the dangers of filing bankruptcy without an attorney is validated by carefully analyzed data.
I Just Got Sued by a Creditor . . . What Do I Do Now?
Getting a lawsuit filed against you by a creditor starts a very fast-ticking alarm clock. Don't hit the snooze button on this one.
How Quickly Will Bankruptcy Stop My Wage Garnishment?
Wage garnishments are stopped instantaneously . . . except that different state laws and procedures can effect what happens to the current paycheck.
The Bankruptcy Consequences of the National Mortgage Settlement
The bankruptcy world played a quiet but significant role in bringing about this controversial $26 billion settlement. So, fittingly, the settlement terms require the banks to make significant changes in their behavior in bankruptcy court.
National Mortgage Settlement to Hand Out Cash to Foreclosed-Out Homeowners
Most of the $26 billion or so in this national settlement is designed to help current homeowners keep their homes. But $1.5 billion of it will go to about 750,000 who have already lost their homes to foreclosure. That’s about $2,000 each.
The National Mortgage Settlement’s Actual Terms Finally Released
The settlement documents of the deal that was announced more than a month ago were finally completed and filed at court on Monday, March 12. They catalog page after page of serious wrongdoing by the banks in their servicing of mortgages and processing of foreclosures.
The Terms of the Month-Old $26 Billion National Mortgage Settlement Are, Still, . . . “Coming Soon”
The settlement anounced on Feb. 9 has been publicly released so far only in a broad outline of its terms. Any day now the actual agreement will be finalized and filed at court. In the meantime here are some tantalizing tidbits.
Your Kalispell Bankruptcy Lawyer can Provide Special Protection for Your Co-Signers Under Chapter 13
Chapter 7 protects you and your assets with the automatic stay. Chapter 13 goes a big step further by also protecting your co-signers and their assets.
Looking for a Kalispell Bankruptcy Attorney prior to your divorce?
Looking for a Kalispell Bankruptcy Attorney prior to going through a divorce? Unfortunately, 41% of first marriages, 60% of second marriages, and... Read More
Are You Eligible for Chapter 7? Chapter 13?
Eligibility can turn on 1) who is filing the bankruptcy, 2) the kinds and amounts of debts, 3) the amount of income, and 4) the amount of expenses.
Pre-Bankruptcy Tax Strategies
Get the maximum benefit from your bankruptcy against your taxes by following these sophisticated strategies.
Income Tax Refunds In a Chapter 13 Case
Chapter 13 gives you more flexibility about what you can do with your current income tax refund. As I said in my... Read More
The Benefits of a “Short Tax Year Election” in an Asset Chapter 7 Case
Your Chapter 7 trustee can use your unneeded assets to pay current-year income taxes if you split the calendar tax year into... Read More
Income Tax Refunds In Chapter 7 Bankruptcy
Can you keep your tax refund if you file a Chapter 7 case? It’s mostly a matter of timing. Here are the... Read More
Writing Off Income Taxes Forever through Bankruptcy
What income taxes can a Chapter 7 bankruptcy completely write off? Chapter 13 lets you pay off certain income taxes much more... Read More
