Bankruptcy for child support

Congress decided that child support is too important to be discharged in a bankruptcy.   It is not possible to get a discharge in bankruptcy for child support.  Child support has been granted a priority status in bankruptcy.  As a result of that your child support will be placed in as a priority debt in… Continue reading Bankruptcy for child support

Bankruptcy who to contact

When considering to file bankruptcy who to contact is a big deal.  Since bankruptcy is most likely one of the bigger financial decisions you will make in your life finding the right attorney to help is important.  When your filing make the decision to consider bankruptcy who to contact is the logical next decision.  You’ll… Continue reading Bankruptcy who to contact

Bankruptcy without assets

There is no requirement to have assets when you file bankruptcy so you can certainly file bankruptcy without assets.  In a “No Asset” Chapter 7 bankruptcy case, the debtor doesn’t own any assets or property that the creditors can take therefore they have a bankruptcy without assets. The debtor possesses nothing that can be sold… Continue reading Bankruptcy without assets

Bankruptcy and tax refunds

Many people have questions about bankruptcy and tax refunds.  Some come to see their income tax refunds as a type of yearly bonus.  In reality these refunds are usually caused by having paid too much in taxes during the past year. Many times people come to rely upon these refunds for planned yearly spending to… Continue reading Bankruptcy and tax refunds

Bankruptcy when married

There is no requirement that you and your spouse jointly file bankruptcy when married.  You can choose whether to file for bankruptcy with your spouse or as an individual.  The decision on filing bankruptcy when married should be based on the in depth analysis of you financial condition however.  It will usually depend on if… Continue reading Bankruptcy when married

Are bankruptcy proceedings public

A very common question that we get is are bankruptcy proceedings public ? Yes, you should be able to attend most bankruptcy meetings so again are bankruptcy proceedings public yes. The only times that bankruptcy proceedings will be closed to the public are when there is a party present that has an overriding interest and… Continue reading Are bankruptcy proceedings public

Bankruptcy with car loan

Filing bankruptcy with car loan can be a complex process for the unwary.  If you are trying to keep a car during the bankruptcy process then you really should hire a bankruptcy attorney with experience helping people keep their cars in bankruptcy.  There are a few different options within a Chapter 7 bankruptcy if you… Continue reading Bankruptcy with car loan

Bankruptcy with medical bills

Medical debt is on of the most common reason that people file for bankruptcy. It even surpasses mortgage debt and credit card debt. Bankruptcy with medical bills occurs when the price of treating a disease, injury or sickness becomes greater than what the patient is able to pay. Even some individuals with medical insurance have… Continue reading Bankruptcy with medical bills

Bankruptcy without spouse knowing

While you have the legal right to file for bankruptcy without spouse knowing , practically it would be difficult to file for bankruptcy without your spouse finding out about you filing for bankruptcy. There will be mail and paperwork that comes to your home regarding your bankruptcy. There may be calls that come in and… Continue reading Bankruptcy without spouse knowing

How bankruptcy affects job search

A common reason for filing bankruptcy is due to a job loss. So how bankruptcy affects job search is a common concern of people looking into bankruptcy.  Fist you need to understand that the bankruptcy laws protect you from being fired due to a bankruptcy filing.  How bankruptcy affects job search an employer cannot legally… Continue reading How bankruptcy affects job search