Filing Chapter 7 or 13 bankruptcy immediately results in an “automatic stay” that immediately stops any foreclosure proceeding on the debtor’s home. Under Chapter 7,…
With the exception of state and federal tax debts, federal student loans, and most debts owed to the federal government (including SBA loans), creditors must…
Every state of the United States has enacted “exempt property” laws that protect certain property or assets from being taken from debtors, even if one…
Filing bankruptcy under any chapter of the United States Bankruptcy Code immediately results in an “automatic stay” (similar to a restraining order) that prohibits repossession…
