When you file bankruptcy you are listing under penalty of perjury you have included all of your creditors in the case. Unfortunately, this means you cannot pick and choose who you file on.
Congratulations! Your bankruptcy discharge has gone through. The discharge in your bankruptcy is the order that tells your creditors you are no longer liable on the dischargeable debts.
A general rule of thumb prior to filing bankruptcy is try not to sell, transfer, or get rid of your property unless you have discussed it with your bankruptcy attorney first. The reason is, transfers, sales and even trade-ins prior to filing are heavily scrutinized by the case Trustee.
When you initially file a personal bankruptcy you are filed under a chapter 13 or chapter 7. But what happens if your circumstances change so much you cannot stay in your current chapter filed? Your attorney may mention a conversion. A conversion is converting your case from one chapter to another. Most commonly conversions are from 13 to 7, but you may need to convert 7 to 13.
If you are in a chapter 13 bankruptcy case and you have a pending Motion (either Motion for Relief or Motion to Dismiss), you may have heard the terms cure order. Keep reading to find out more about the cure order and the impact it has on your case.
This blog will focus on common motions and possible resolutions during your Chapter 13 case.
Motions are common during Chapter 13 cases. A motion is a party requesting a specific order during the Chapter 13.
Most people have their bank accounts set up with direct deposits, automatic payments, transfers and the like. Therefore, it usually is a big concern of what will happen with your bank account after a bankruptcy case is filed.
If you are planning on surrendering secured property in your bankruptcy case, it likely has crossed your mind as to when you should take the insurance policy off.
If you have a retirement loan and are wondering what will happen to it within bankruptcy, you have come to the right place. You may be wondering whether you will have to continue paying it or if your liability will be included in the debts you will discharge.
Even if you are not intending to be fraudulent when you transfer property prior to filing for bankruptcy, some transaction will be labeled so.
At LifeBack Law we strive to make the process of filing a bankruptcy as stress free as possible. This is done in a few steps.
When you take the leap to speak with a bankruptcy attorney, a big weight should be lifted off your shoulders, as you will be given your options for taking control of your finances again.
There are many reasons you may want or need to file a chapter 13 bankruptcy. The main reasons clients consider filing a chapter 13 are income, transfers, tax debt, arrears, and assets.
No matter how much you love your home, when you file bankruptcy a question that likely will pop into the back of your mind is, if I file will I ever be able to sell my home? The short answer is yes. Although you have filed a bankruptcy, you are still able to sell your home down the road and keep all of the exempt net proceeds from the sale.
Getting behind on your mortgage is an extremely stressful situation. If you are wondering what your options are, you have come to the right place. Please keep in mind the options in this blog are general ideas for mortgage arrears and are not specific advice. You should speak to a licensed attorney for advice on your specific situation.
Bankruptcy is technically public information. Anyone can see your case, but there are steps that need to be taken first. Your bankruptcy case should not be published in your local paper though.
When you file bankruptcy you are listing under penalty of perjury you have included all of your...
Congratulations! Your bankruptcy discharge has gone through. The discharge in your bankruptcy is...
A general rule of thumb prior to filing bankruptcy is try not to sell, transfer, or get rid of your...
When you initially file a personal bankruptcy you are filed under a chapter 13 or chapter 7. But...
If you are in a chapter 13 bankruptcy case and you have a pending Motion (either Motion for Relief...
This blog will focus on common motions and possible resolutions during your Chapter 13 case....
Most people have their bank accounts set up with direct deposits, automatic payments, transfers and...
If you are planning on surrendering secured property in your bankruptcy case, it likely has crossed...
If you have a retirement loan and are wondering what will happen to it within bankruptcy, you have...
Even if you are not intending to be fraudulent when you transfer property prior to filing for...
At LifeBack Law we strive to make the process of filing a bankruptcy as stress free as possible....
When you take the leap to speak with a bankruptcy attorney, a big weight should be lifted off your...
There are many reasons you may want or need to file a chapter 13 bankruptcy. The main reasons...
No matter how much you love your home, when you file bankruptcy a question that likely will pop...
Getting behind on your mortgage is an extremely stressful situation. If you are wondering what your...
Bankruptcy is technically public information. Anyone can see your case, but there are steps that...
