AUTOMOBILE EXEMPTIONS INCREASING!
Bankruptcy automobile exemptions will soon increase
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Bankruptcy Questions
Frequently asked bankruptcy questions
AUTO REAFFIRMATIONS NO LONGER REQUIRED
Improvements to the bankruptcy code prevent auto lenders from requiring reaffirmations.
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Five good reasons to file bankruptcy
Many people are stressed out by the prospect of filing bankruptcy. These feelings are often irrational. In actuality, bankruptcy usually provides an inexpensive, and not at all unpleasant solution to your financial woes. Consider the following: It is often nearly impossible to repay debt at high interest rates. Perhaps you owe $25,000 in credit card
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Can I dismiss (meaning cancel) my chapter 13 bankruptcy?
Can I dismiss (meaning cancel) my chapter 13 bankruptcy? The short answer is “yes,” under normal circumstances you can cancel your chapter 13 at any time, for any reason. Recently, the Ninth Circuit Court of Appeals in In re Nichols, 10 F.4th 956 (9th Cir. 2021), held that a debtor could dismiss a chapter 13, even
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What is a chapter 13 hardship discharge?
What is a chapter 13 discharge?
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What is court like when you file bankruptcy?
Your bankruptcy court hearing
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What are chapter 13 debt limits?
Debt limits in a chapter 13
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Can income taxes be discharged in bankruptcy?
Can tax debts be wiped out in bankruptcy? The short answer is generally “yes” provided1. They are income tax and not some other kind of tax, 2. You filed the return, 3. They are old, and 4. You didn’t do anything to willfully evade the tax. More specifically, income taxes that are more than three
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Where will the “meeting of Creditors” be held?
Anyone who files a chapter 7 or chapter bankruptcy has to appear at a meeting of creditors, called a “341” meeting in reference to bankruptcy code section 341. Since the Covid-19 epidemic began, chapter 7 hearings have been held by telephone. Chapter 13 hearings have been held by Zoom. Prior to Covid, the hearings were
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Can I switch from a chapter 7 to a chapter 13?
Switching (converting) your bankruptcy from a chapter 7 to a chapter 13 is possible. You might want to consider attempting to convert if you run into issues in your chapter 13. For example, you might discover that your home is worth more than you thought so there is non-exempt equity. Converting to a chapter 13
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