News Topic: Chapter 7 Bankruptcy

Written by Craig D. ... Read full article

Written by Craig D. ... Read full article

When you receive a “discharge” under bankruptcy it means that you are no longer liable for your debts. This means you don’t have to pay them and a creditor cannot come after you anymore. However, there are some debts which are considered “nondischargeable” ... Read full article

Exemption laws protect your property from creditors inside and outside of bankruptcy. In bankruptcy, exemption laws dictate what property you can keep and what property is subject to sale by the trustee. It is because of bankruptcy exemptions that many are ... Read full article

“I am an old man and have known a great many troubles, but most of them never happened.” Mark Twain To be sure, stress is a constant for many of us in this fast paced, high tech day and age. Pressure and anxiety are an expected part of many professions, ... Read full article

Most of my Atlanta bankruptcy clients become concerned when they learn that they will have to make at least one Court appearance after filing their Chapter 7 or Chapter 13 bankruptcy case.   I am able to put most clients’ minds at ease by advising this ... Read full article

Understandably, a typical bankruptcy client fears that they will lose most of their property if they file for bankruptcy.  For my Atlanta bankruptcy clients, the good news is that a substantial portion of your real estate, personal property and retirement ... Read full article

Sticking with our recent theme in blog entries, we decide to touch on reaffirmation agreements this week. Debtors who file a Chapter 7 bankruptcy in Arizona, and owe money on their house or car, are virtually certain to run across one or more of them. ... Read full article

No doubt you have heard the terms “unsecured” and “secured” creditors? But what do these terms really mean? In reality, the concepts are quite simple. First off, a creditor is generally someone who is owed money. A common example is when you take out a ... Read full article

Typically, chapter 7 bankruptcy cases last between three and four months from the date the case is filed. The preparation for a chapter 7 bankruptcy case can be anywhere between one day and many months depending on a number of factors, including attorneys ... Read full article