Articles, tagged with "chapter 7 bankruptcy", page 1
10th February 2012
Many experts say we are living in the worst economic conditions since the great depression, and during the past few years, a growing number of Americans have found themselves in a financial hole that they find nearly impossible to dig out of. With rising ...
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Author:
Paul Lindquist
10th February 2012
You can file for Chapter 7 bankruptcy unless: 1) you can afford to repay under Chapter 13 bankruptcy plan because you make more money than the median income in your state; or 2) you've previously received bankruptcy discharge/case dismissal; or 3) you hav...
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Author:
Attorney Sergei Tokmakov
23rd January 2012
The test
Bankruptcy court will cancel your student loans if you'll be able to prove that repayment would pose “undue hardship.” Courts apply the so-called Brunner test, under which you must show all of the following:
1. You cannot maintain a “minimal s...
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Author:
Attorney Sergei Tokmakov
19th January 2012
If you are considering bankruptcy because of the debt you owe on your house, you probably know something about filing for bankruptcy, but are still checking out the options that you have.
Chapter 7 Bankruptcy, sometimes referred to as a “straight bank...
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Author:
Teddy Flore
17th January 2012
In defining what is chapter 7 bankruptcy is one has to understand it is a provision in Title 11 of the US code or bankruptcy code that governs the process of insolvency under the United States bankruptcy laws. What is chapter 7 bankruptcy? It is the most ...
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Author:
KarenJTurcios
09th January 2012
If you are considering bankruptcy because of the debt you owe on your house, you probably know something about filing for bankruptcy, but are still checking out the options that you have.
Chapter 7 Bankruptcy, sometimes referred to as a “straight bank...
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Author:
justinhaser
05th January 2012
Filing for Bankruptcy is a process that can help your business eliminate or repay its debt under the protection of the bankruptcy court. One can file for bankruptcy in order to protect oneself from harassment by creditors, and in many cases have part of t...
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Author:
A3Logics
08th December 2011
In recent times, lots of men and women are experiencing major finance worries because of the current credit problems and also stuck with a huge personal debt. Personal arrears together with many other issues like marital concerns, medical concerns, and jo...
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Author:
Nancy
29th November 2011
In a previous article (Can I Keep My Car if I File Bankruptcy) we looked at five questions that must be answered each time we are looking at saving a car in bankruptcy. If you haven’t already read that article, you should take a moment and do so. Just to ...
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Author:
Bill Link
15th November 2011
After the economic meltdown of 2008, many folks and families felt the domino effect of job losses, cash flow decline and housing payments increasing caused by bad mortgage loans and unethical practices. Consequently, folks are left with very few options i...
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Author:
laura55
12th November 2011
Filing a Chapter 7 Bankruptcy is the most common type of bankruptcy proceeding. It is sometimes called "straight" or "liquidation" bankruptcy. Filing a Chapter 7 Bankruptcy eliminates most kinds of unsecured debt. Some examples are credit cards, medical b...
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Author:
Edward Baker
20th October 2011
Since of the actual estate bubble that transpired again in 2008 there has develop into a significant fascination in Chapter thirteen bankruptcy. The strength of a Chapter thirteen really shines in stopping a foreclosure, while making it possible for the d...
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Author:
ArielCochran
12th October 2011
The stagnant economy and depressed housing market has created a huge financial burden for millions of Americans. Many Americans are unemployed and having a difficult time keeping up with their debt obligations. Furthermore, declining home values are exace...
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Author:
Florida Law Group
12th October 2011
I am not an attorney, I am a judgment matchmaking expert (Judgment Broker). This article is just my opinion, based on the laws I have studied, and what I have learned. Nothing in any of my articles can ever be considered legal advice.
In my kind of wor...
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Author:
Mark D. Shapiro
07th October 2011
Living the "American Dream" can be incredibly expensive these days and for many people it can lead to getting in over their heads with debt. It can happen to anyone, whether you make some poor decisions with your money, lose your job due to illness or cut...
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Author:
David P. Leibowitz