One of the best bankruptcy protections afforded a debtor from his or her creditors is the automatic stay. In what ways does the automatic stay stop creditor actions and when does it not protect the debtor?
Author Archives: Martin Long
HOW MUCH TIME MUST LAPSE FROM A PREVIOUSLY FILED CHAPTER 7 OR CHAPTER 13 BANKRUPTCY?
The better question is how long do you have to wait to file a new bankruptcy in order to obtain a discharge of new debt?
ADVICE FOR DEBTORS FOR THE SECTION 341 MEETING OF CREDITORS
Every debtor filing a Chapter 7, Chapter 11, or Chapter 13 bankruptcy will be required to attend a hearing called a Meeting of Creditors.
AFFECT OF A PERSONAL INJURY CLAIM IN CHAPTER 7 BANKRUPTCY
What is the effect of a personal injury claim in bankruptcy law? A personal injury claim can arise before, during, or after you file a Chapter 7 or Chapter 13 bankruptcy. This article looks at the effect of a personal injury claim in a Chapter 7 bankruptcy.
EFFECTS OF SOCIAL SECURITY BENEFITS IN A BANKRUPTCY PROCEEDING
What are the effects of social security benefits in a bankruptcy proceeding? That depends on whether you are filing a Chapter 7 Bankruptcy or a Chapter 13 bankruptcy.
HOW TO KEEP YOUR CAR AND TRUCK IN BANKRUPTCY
The ability to keep your car or truck in bankruptcy is often a major consideration when filing a Chapter 7 or Chapter 13 bankruptcy. A dependable vehicle is often essential to keeping a job or getting the kids to school.
HOW TO ANSWER A BANKRUPTCY TRUSTEE INFORMATION SHEET
In a Chapter 7 bankruptcy you will need to know how to answer a bankruptcy Trustee Information Sheet. After the bankruptcy case is filed, a meeting of creditors takes place in about thirty days. Before or at the meeting of creditors, various documents will be required to be submitted to the Trustee. One such document is the Trustee Information Sheet.
CHAPTER 12 BANKRUPTCY FOR FAMILY FARMERS- PART II
CHAPTER 12 BANKRUPTCY FOR FAMILY FARMERS- PART II Farmers may have an alternative to a Chapter 7 bankruptcy liquidation, Chapter 13 adjustment of debts, or a Chapter 11 reorganization of debts. The alternative is Chapter 12, an adjustment of debt for a family farmer. QUALIFICATIONS OF A CHAPTER 12 FAMILY FARMER (NON-INDIVIDUAL) Chapter 12 of […]
CHAPTER 12 BANKRUPTCY FOR FAMILY FARMERS
Do you qualify for a Chapter 12 family farmer bankruptcy
ARE DIVORCE DEBTS DISCHARGED IN BANKRUPTCY?
The question often arises to what extent are divorce debts discharged in bankruptcy?