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Category: Bankruptcy

Should I Take Money Out Of My Retirement Account to Pay My Creditors?

Posted on Jun 11, 2014 in Bankruptcy, Chapter 7

The answer, as always, is “It depends”.  Take two recent examples we’ve seen. The first person is a […]

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I Have a Voluntary Wage Assignment. What Can I Do?

Posted on Jun 11, 2014 in Bankruptcy

Your creditors can’t simply take money out of your paycheck just because they feel like it.  They need […]

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Can I Stop a Citation to Discover Assets By Filing For Bankruptcy?

Posted on May 19, 2014 in Bankruptcy, Exemptions, Illinois, Legal, Wisconsin

Courts in all states have procedures set to allow creditors to get judgments against the debtors who owe […]

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Who Can File Chapter 13?

Posted on Apr 18, 2014 in Bankruptcy, Chapter 13

Typically, individuals who file bankruptcy have a choice between filing a chapter 7 “liquidation” and a chapter 13 […]

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Do I Need to File My Tax Returns Before Filing for Bankruptcy?

Posted on Apr 17, 2014 in Bankruptcy, Bankruptcy and Taxation, Bankruptcy procedures, Chapter 13, Chapter 7

April 15th is the deadline to file 2013 tax returns with the IRS and your state taxing authority […]

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Can Non-Citizens and International Corporations File Bankruptcy in the United States?

Posted on Apr 8, 2014 in Bankruptcy, Business Bankruptcy

America is still a magnet to people from all over the world. People come to America both legally […]

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Why Is My Bankruptcy Lawyer Asking For All Of These Documents?

Posted on Apr 8, 2014 in Bankruptcy, Bankruptcy procedures

Lawyers don’t like paperwork.  If we had a choice, we’d have a paper-free office.  But in our jobs, […]

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Say No to Debt Consolidation – Consider Chapter 13 Bankruptcy

Posted on Apr 3, 2014 in Bankruptcy, Chapter 13

Most people want to pay their debts. Many people think that filing bankruptcy is wrong. Some think that […]

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What Happens If My Bankruptcy is Dismissed and I Have to Re-File?

Posted on Mar 28, 2014 in Bankruptcy, Bankruptcy procedures, Chapter 13, Chapter 7

In baseball, a batter gets three strikes, then he’s out.  It doesn’t quite work that way with bankruptcy.  […]

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Credit Unions and Cross-Collateralization in Bankruptcy

Posted on Mar 27, 2014 in Bankruptcy, Chapter 13, Chapter 7

Clients want to file a chapter 7 bankruptcy to clear up credit card debt and get a fresh […]

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