How much time must elapse from a prior bankruptcy before filing a new bankruptcy? It depends on the prior bankruptcy chapter that was filed and the bankruptcy chapter one wishes to now file.
Author Archives: Martin Long
TRANSFERRING ASSETS PRIOR TO BANKRUPTCY- PART IV
This article explores transfers to a self-settled trust within ten years before filing bankruptcy.
TRANSFERRING ASSETS PRIOR TO BANKRUPTCY-PART III
Transfer of assets before bankruptcy
TRANSFER OF ASSETS PRIOR TO BANKRUPTCY- PART 2
What constitutes a fraudulent transfer or obligation prior to filing bankruptcy is a complex issue.
TRANSFER OF ASSETS PRIOR TO BANKRUPTCY- PART 1
TRANSFER OF ASSETS PRIOR TO BANKRUPTCY
USING THE COLORADO HOMESTEAD EXEMPTION IN BANKRUPTCY
In Colorado a homeowner is entitled to a $75,000 homestead exemption on the home he owns and occupies. If the homeowner or his or her spouse is 60 years of age or over, or disabled, the homestead exemption is $105,000.
Chapter 7 Bankruptcy Timeline
A Chapter 7 bankruptcy typically consists of a series of important events or steps taken before and after filing the case. A timeline of those events are:
AVOIDING LIENS
In bankruptcy you can often avoid a judgment lien on your home.
How to keep your car in Chapter 7 bankruptcy and Chapter 13 bankruptcy
You can keep your car in both a Chapter 7 bankruptcy and Chapter 13 bankruptcy.
Beware of Reaffirmation Agreements in Bankruptcy
A reaffirmation agreement is an agreement whereby the debtor agrees to remain personally liable on the debt as if the bankruptcy never occurred.