Bankruptcy Basics

The Credit Counseling Requirement in Bankruptcy

03/04/12

Before a case can be filed by an individual under Chapter 7 or Chapter 13, the individual must submit to a credit counseling session states Gurnee bankruptcy attorney. A credit counseling session is a one-hour session that can be done over the telephone or online whereby a credit counselor approved by the office of the [...]

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Evanston Bankruptcy Attorney On How Filing Effects Utility Services

03/04/12

If you are currently behind on one of your utilities when you file a bankruptcy, we want to list that utility on your bankruptcy schedules, states Evanston bankruptcy attorney David Siegel. The utility company will then get the bankruptcy notice, it will wipe out any prepetition debt and it will restore service or continue service [...]

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Business Bankruptcy: When, How, and What Kind?

03/02/12

When you are up to your armpits in alligators....

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Business Bankrutpcy Basics

03/01/12

As Dallas bankruptcy attorney, I have many clients that seek help with resolving business debts. While business bankruptcy and personal bankruptcy are similar processes, there are important distinctions that should be considered. Business Debts and Assets Like a personal bankruptcy, business debts can be eliminated through a Chapter 7 case. In a business Chapter 7, [...]

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Can Bankruptcy Court Decisions be Appealed?

03/01/12

If you lose a motion in Bankruptcy Court you may be able to file an appeal. But not all of the judge’s rulings that go against you can be appealed.

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How to Pay Down Credit Card Debt and Avoid Bankruptcy

02/29/12

Follow These Steps to Pay Down Your Credit Card Debt Perhaps like many Americans your New Year’s resolution involves paying down credit card debt. After all, even the most ardent supporter of the plastic hears that little voice in the back of their head “credit card interest rates are a huge ripoff, I shouldn’t use [...]

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