Are you late on your rent -- Want to file Chapter 7 Bankruptcy ... Know the risks and your options. So, what is going to happen if you file a Chapter 7 Bankruptcy while you are late on rental payments? It depends! You may be able to stay in your apartment, but there may be [...]
Student Loan Debt is a Real Problem. ...and Student Loan Law is a complex area. Luckily there are Student Loan Attorneys. A Student Loan Lawyer has completed advanced training to be able to properly assist you with your student loans. Wondering how? Read on: Learn Your Options.
Families and Poverty -- How Can Your State Protect You … Fresh Start 2024. A report from the National Consumer Law Center (NCLC) shows how states lack in offering assistance and protection to its citizens. Every state has a set of exemptions that allow one to avoid losing everything to the creditors. Per the NCLC [...]
Pre-petition debt – Post-petition debt … What do they mean? It all comes down to when you incurred the debt. Meaning, what is the date that you bought something, charged something, or borrowed funds. Why do we care? In bankruptcy cases, the ‘when’ of these actions is a big deal. It can mean the difference [...]
No Bankruptcy – Consider the Alternatives … Bankruptcy vs Other Financial Options: Have you ever been stressed and overwhelmed by your debt situation? Have you ever wondered if bankruptcy would be right for you? Have you ever considered if there were other options you could try? Have you ever decided that bankruptcy should only be [...]
Why Did I Get A 1099 Post-Discharge? I filed a Chapter 7 / Chapter 13 Bankruptcy – Why am I receiving a: 1099-A vs 1099-C Cancelation of Debt When a creditor writes off your debt, it means the lender has written the account off as a loss and the account is closed to future charges. [...]
Bankruptcy Considered -- Why do people file bankruptcy? Top 5 Reasons Revealed: In several studies over the years as to why people file bankruptcy, five major reasons tend to be named repeatedly: Loss of Income This is not surprising. When paychecks stop, financial troubles start. In addition, it can mean a loss of health insurance, [...]
Pre-petition debt vs. Post-petition debt When did you incur the debt? What does pre-petition vs post-petition mean in a Bankruptcy? Pre-petition debt: All debt that you have incurred prior to your bankruptcy case being filed. You must list all of your Creditors and debt when you file bankruptcy. Pre-petition debt is the debt that we [...]
Medical Debt Medical debt can lead to bankruptcy. Medical debt can mean joint debt. When people think about the debt listed on their credit reports and how the debt is affecting their credit scores, most are probably thinking of credit card debt. However, medical debt is a huge issue for people trying to make ends [...]
What’s Mine is Mine until it becomes Ours when we get married – right? Not necessarily, what yours is yours (we are talking about the debt you are bringing in to the marriage right now). To some degree you have a choice on how much you decide to co-mingle when you get married. Maybe you [...]
