debt in bankruptcy

There are a number of kinds of debt that my not go away in a bankruptcy case. So in your case what debt survives bankruptcy? It’s important to speak with an experienced bankruptcy lawyer before you file bankruptcy so you have a better understanding of the outcome of your bankruptcy.

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Can I file bankruptcy with credit card debt? The short answer to this question is YES.  Credit card debt is one of the common reason that people file for bankruptcy. Once your case gets filed the credit card companies and their collection agencies can no longer harass you with phone calls and letters or something…

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When a bankruptcy case is filed there is something created immediately upon the filing of the case called the automatic stay.  The automatic stay is a very broad court injunction against the continuing of any action by creditors, collection agencies, and government entities against the debtor or the debtor’s property. Under 11 U.S.C. §362 is…

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One of the most common reasons people decide to file for bankruptcy is to stop debt collector calls.  by filing bankruptcy you can immediately stop debt collector calls.  Any collector that still attempts to collect on a debt once they know about your bankruptcy is in violation of 11 U.S.C. Sec 362.  Bankruptcy is a…

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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…

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If you are considering bankruptcy you are most likely look at all your options – that’s smart.  It seems to easy to find out the pros of bankruptcy like what a bankruptcy will cover but what won’t cover is the next logical question.  What bankruptcy wont cover are nondischargeable debts.  In the world of bankruptcy…

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