Chapter 7 Bankruptcy

What City and State Should I Look For a Bankruptcy Attorney In? Maybe 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 [...]

Lien Stripping in Bankruptcy is Court Ordered Mortgage Modification One of the advantages to filing chapter 13 bankruptcy is the ability to strip an “under secured” junior mortgage lien. When a homeowner owes more on their first mortgage than their home is worth, Chapter 13 allows junior mortgages to be removed or “stripped” which has [...]

Student loan debt and bankruptcy The topic of student loan debt and bankruptcy: most every bankruptcy and personal finance related website out there has written about it on numerous occasions. In fact, I authored a comprehensive post on the subject just a few weeks ago for this site. However, the rules are worth repeating because it [...]

Bankruptcy Stops Wage Garnishment The minute a bankruptcy cases filed,an injunction called the automatic stay is issued, which prohibits creditors from trying to collect on debts that were included in the bankruptcy. The Ninth Circuit Court of Appeals has called the automatic stay “one of the most important protections in bankruptcy law.” The automatic stay is [...]

Lets be honest about one thing, the paperwork requirements for preparing a bankruptcy case are significant. It is very much like filing a tax return in terms of the detail required. Speaking of tax returns, see to it that all the returns that are due are filed before you meet with Bankruptcy Counsel. We are [...]