No Automatic Stay after Multiple Prior Bankruptcy Filings
If you've had more than 1 case filed and dismissed within the last year, you'll need to show "good faith" to get automatic stay protection.
Chapter 7 vs. 13 When Your Vehicle is Worth Too Much
Usually your car or truck is protected in bankruptcy with a vehicle exemption. Or if the vehicle is worth too much Chapter 13 can protect it.
A “No Asset” Chapter 7 Case
Most individual consumer Chapter 7 cases are "no asset" ones. This means that the Chapter 7 trustee doesn't liquidate any debtor assets.
“Property of the Estate” Excludes Property in a Spendthrift Trust
If you are the beneficiary in a spendthrift trust, most likely a bankruptcy trustee can't touch whatever property is in that trust.
Shared Assets
Property and possessions that you have a shared interest in can be the kind you don't think of as yours for bankruptcy purposes.
Dealing with Unpaid Property Taxes on Your Home
Catching up on property taxes benefits both you and your mortgage lender. Chapter 13 helps you pull this off under much less pressure.
A Fresh Start with Unpaid Property Taxes on Your Home
Falling behind on property taxes is dangerous, and scares your mortgage lender. Bankruptcy can help you deal with both.
Giving More Thanks for Chapter 13 “Adjustment of Debts”
We're lingering in the Thanksgiving spirit by appreciating what Chapter 13 has to offer.
Chapter 7 and Chapter 13–Too Much Equity in Your Home
Most homeowners contemplating bankruptcy have their home equity protected by their homestead exemption. If not, consider Chapter 13.
Chapter 7 and Chapter 13–Resolving Your Property Tax Debt
Bankruptcy helps with your property taxes either by writing off your other debts or by buying you more time to catch up.
How Bankruptcy Handles . . . Back Property Taxes on Your Home
Being behind on property taxes is usually a breach of your mortgage. Chapter 13 protects you from your mortgage lender so you can catch up.
October Tax Season: What Happens to My Income Tax Refund If I File a Chapter 7 “Straight Bankruptcy” Case?–Part 1
You can usually keep your tax refund(s), although doing so may take some maneuvering.
Crucial Question: How Can I Protect a Non-Exempt Asset with a Chapter 13 “Adjustment of Debts”?
Protect your otherwise unprotected asset(s) by flexibly paying to do so under Chapter 13. Maybe you wonât even need to pay anything extra.
Crucial Question: How Can I Protect an Asset that is Not “Exempt”?
Most people can file Chapter 7 and not lose anything because everything they own is "exempt." But what if something of yours isn't?
