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Avoiding Preferential Transfers When the Bankruptcy Trustee Doesn’t

March 5, 2025   |   Posted by: Admin

With few exceptions, when an unsecured creditor has received one or more payments or other transfers totaling at least $600 from an individual consumer debtor

Stopping Eviction and Curing Rent Default in Bankruptcy

March 4, 2025   |   Posted by: Admin

Prior to the amendments of the Bankruptcy Code in 2005, the filing of a bankruptcy proceeding automatically stayed a residential eviction proceeding unless and until

Eliminating Income Taxes in Chapter 7 Bankruptcy

March 4, 2025   |   Posted by: Admin

State or federal income taxes can be discharged (forgiven) in a Chapter 7 bankruptcy if: ● The tax debt is at least 3 years old.

Chapter 7 Official Bankruptcy Forms

January 27, 2025   |   Posted by: Admin

All bankruptcy courts in the United States use the same Official Bankruptcy Forms for individuals filing Chapter 7 bankruptcy. The following official forms are required

Redeeming Your Automobile and Other Property In Chapter 7 Bankruptcy

November 7, 2024   |   Posted by: Admin

If you have an automobile loan and you file Chapter 7 bankruptcy, you have the following options: You can retain the vehicle by “reaffirming” the

Chapter 7 Bankruptcy

November 7, 2024   |   Posted by: Admin

“Chapter 7” bankruptcy is the most common type of bankruptcy and is available to individuals, married couples, corporations and partnerships. “Chapter 7” refers to Chapter

Stop Mortgage Foreclosure With Bankruptcy

October 31, 2024   |   Posted by: Admin

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,

Wage Garnishment

October 21, 2024   |   Posted by: Admin

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

Can I Keep My Property if I File Bankruptcy?

October 17, 2024   |   Posted by: Admin

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

Can I Keep My Car if I File Bankruptcy?

October 17, 2024   |   Posted by: Admin

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