New Year Resolution #7: Get Past the Financial Problems Caused by Your Divorce
Chapter 13 is powerful for dealing with past-due support. But it's even stronger in dealing with non-support divorce debts.
New Year Resolution #2: Find Out About All the Powerful Ways Bankruptcy Can Save Your Home
Chapter 7 "straight bankruptcy" & especially Chapter 13 "adjustment of debts" come with some truly powerful tools for preserving your home.
New Year Resolution #1: Get Informed about Your Options
You're stuck. Very unhappy about your financial predicament but don't know where to turn. So, resolve to get help in finding a solution.
Crucial Question: Does a Chapter 13 Case “Discharge” More Debts than a Chapter 7 One?
Yes, but barely. Chapter 13 can deal much better with many kinds of debts, but it can only discharge one kind that Chapter 7 can't.
Crucial Question: What Is the “Means Test” in a Chapter 7 Bankruptcy?
To qualify for filing Chapter 7 bankruptcy, you must pass the "means test." It is usually quite easy to pass.
October Tax Season: How Is a Recorded Tax Lien on My Home Removed through Bankruptcy?
Bankruptcy gives you power over the IRS in getting rid of a tax lien. Chapter 13 in particular empowers you to value and pay off a lien.
October Tax Season: If Behind on Filing Tax Returns and I Owe Taxes, Should I File the Returns Before Filing Bankruptcy?
Bankruptcy can be a surprising good way to solve your tax problems. But first, got to prepare your returns to get good advice about options.
October Tax Season: If Chapter 7 Does Not Write Off My Income Taxes, Why Still File One?
Chapter 7 "straight bankruptcy" may be worthwhile if it gets rid of your other debts and leaves you able to manage your taxes.
Crucial Question: Can Chapter 7 “Straight Bankruptcy” Help with My Support Obligations?
Chapter 13 âadjustment of debtsâ has a special way of helping with your support obligation. How about Chapter 7?
Crucial Question: How Can I Protect a Co-Signer Better in a Chapter 13 “Adjustment of Debts” Case?
The âco-debtorâ stay is a remarkable tool for protecting your co-signer from having to pay your debt.
Crucial Question: If I File Bankruptcy Do I Have to Appear in Court?
Almost never. You do need to attend a 5-to-10-minute meeting, accompanied by your attorney, which is usually straightforward.
Crucial Question: Will My Employer Be Informed If I File Bankruptcy?
Not under Chapter 7; more likely under Chapter 13. But it's illegal to be fired or discriminated against in your job for filing bankruptcy.
Crucial Question: When Should You Consider a Chapter 13 Case Even if Chapter 7 Would Enable You to Save Your Home?
Chapter 13 has so many benefits--some potentially worth lots of money to you--that it's worth finding out what it can do for you.
Crucial Question: Can You File a Chapter 7 “Straight Bankruptcy” If You Want to Keep Your Home But Are Behind on Mortgage Payments?
Yes, Chapter 7 may make sense if discharging your other debts would enable you to catch up on your back mortgage payments quickly enough.
The Extraordinary Tools of Bankruptcy: Keeping Your Leased Vehicle through Chapter 7
If you are current on our leased vehicle, you can likely keep it in a Chapter 7 "straight bankruptcy." If not current, you need Chapter 13.