Crucial Question: When Can I File Another Bankruptcy?
It's a matter of timing. And that timing depends on whether you previously filed under Chapter 7 or 13, and what you are filing under now.
Tag Chapter 7
Answers about Medical Debt that causes Bankruptcy
Although there is no such thing as medical bankruptcy, medical debt causes many people to file bankruptcy. Below is a Q&A about these issues.
Chapter 7 Undue Hardship and Student Loans
Discharging a student loan requires showing undue hardship. The timing of your Chapter 7 filing can determine whether you succeed in this.
Bankruptcy and the Eviction Moratorium
The CDC’s recent eviction moratorium order stopping all U.S. residential evictions gives you a new tool to use with some wise bankruptcy planning.
Paying Unpaid Child/Spousal Support before Bankruptcy
Before filing bankruptcy, you should know the implications of an unpaid child/spousal support debt. Payment may depend on whether you file Chapter 7 or 13.
The Best Bankruptcy Advice: Get Legal Advice
Businesses considering bankruptcy get intense legal advice before filing. You would also be smart to get solid advice to make a good decision.
Consumer Bankruptcies Sharply Decrease in April
After declining significantly since 2010, and then edging up in the first three months of this year, consumer bankruptcies sharply decline in April.
Unpaid Child and Spousal Support in Chapter 7
Chapter 7 does not stop the collection of unpaid child or spousal support, nor provide any procedure to pay the support. It may still help enough.
Failing to List Debt but the Creditor Knows about Your Case
Usually if you don'='t list a debt, it doesn't get discharged. An exception is if the creditor still learns about your case, on time.
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.
Use Ch. 7 or Ch. 13 to Resolve Your Tax Debts
If you had struggled to keep a business open, but have decided to throw in the towel, there's a good chance you owe taxes. Here's how to deal with them.
Income Tax Refunds in Bankruptcy-Chapter 13
If you're filing an "adjustment of debts" Chapter 13 case, what choices do you have about your income tax refund?
Historical and Personal Facts about Income Taxes
With the income tax return filing deadline of April 15 now one month away, here is our effort at making taxes interesting.
Paying Part or All of Tax Debt via an “Asset” Ch. 7
Give gladly to your Chapter 7 trustee assets that you don't need, if most of the proceeds of sale of those assets are going to pay your taxes.
Chapter 7 Bankruptcy Helps You SETTLE Your Income Tax Debt
Even if a straight bankruptcy would leave you owing some or all your income taxes, it may position you well to settle those taxes with an Offer in Compromise.
