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?
Category Archives: Debt
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.
ARE DIVORCE DEBTS DISCHARGED IN BANKRUPTCY?
The question often arises to what extent are divorce debts discharged in bankruptcy?
THE NEW GARNISHMENT LAW IN COLORADO
Under the new garn law, most disposable earnings are 80% exempt from execution.
GET RID OF STUDENT LOANS IN BANKRUPTCY
The Trump administration is currently looking at refinancing loans at lower interest rates, and most importantly, eliminating student debt through 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
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.
Supreme Court Sides with Debt Collectors in Bankruptcy Case
On May 15, 2017 the U.S. Supreme Court ruled in the case of Midland Funding, LLC v. Johnson, 581 U.S.____(2017), that debt collectors and purchasers are not in violation of federal law when pursuing debts during a Chapter 13 bankruptcy that they know to be beyond the statute of limitations. The 5-3 decision was a […]