BankruptcyQuestionsNationalBankruptcyForum

Filing chapter 7 bankruptcy in Texas: different from the rest of the country? The state of Texas takes pride in doing things differently than the rest of the country. However, when it comes to bankruptcy, Texans will find some similarity in the process regardless of which region they file in. The bankruptcy code is federal [...]

A recent case in Illinois shows us the importance of providing to your attorney a filed copy of your mortgage or deed of trust that is a lien on your real estate, land or home.  Occasionally, clients will have problems in gathering these documents from the county clerk, the office in Kentucky that files mortgages.  [...]

So you have some excess equity in your car of some other assets, but you cannot afford a Chapter 13 repayment plan and your income is under the median income for your family size. You still need a bankruptcy discharge to get a fresh start and begin rebuilding your credit. What should you do? In [...]

Exemption laws protect your property from creditors Inside of bankruptcy, exemption laws shield certain items of property from the bankruptcy trustee, outside of bankruptcy, exemption laws protect your property from judgment creditors. The first rule to remember is that not all of your stuff is exempt. Each state and even the federal government have laws [...]

What City and State Should I Look For a Bankruptcy Attorney In? Perhaps you have recently relocated to be closer to family or friends, were forced to move for a job or, simply have ties to two locations. To make matters a little more uncomfortable, you’re in financial distress and are considering hiring a bankruptcy [...]