News Topic: *Chapter 7 Bankruptcy

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http://www.flickr.com/photos/psykotrooper/ Creditors are starting to talk up how to snatch assets away from bankruptcy trustees who don’t even know they’re coming. ... Read full article

Filing a bankruptcy petition is a process in which you disclose important information about your assets, your debts and your income and expenses. Anyone looking at your petition can usually see all they need to know about your financial condition by ... Read full article

An old adage says that liens “pass through bankruptcy” unaffected.  As old adages go, it’s right as much as it’s wrong.  Particularly when referring to judgment liens against someones home which are normally subject to “avoidance.”   But a July, 2012 ... Read full article

A Central Illinois Bankruptcy Court Judge ruled the trustee who oversees administration of a bankruptcy case can avoid mortgage liens that do not comply with an Illinois law that requires the mortgage contain notice of the interest rate, loan amount and ... Read full article

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Exemptions are the laws that tell us how much property you can protect in the bankruptcy process.  Recently those laws have been improved for Missouri and former Missouri filers. ... Read full article

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Having a co-signer is a good way to get more credit.  It’s a special issue when you are filing bankruptcy, though.  There are a lot of ways to address these debts but you have to be careful. ... Read full article

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Bankruptcy can be affordable .  ... Read full article

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