Espinosa strikes again
A few years ago, the US Supreme Court decided a case called United Student Aid Funds, Inc. v. Espinosa. […]Read More
What happens if I can’t file another Chapter 7 Bankruptcy right now?
I like to offer free initial consultations because I believe it’s only fair to know what your options […]Read More
Why is it So Expensive to File a Bankruptcy?
Lawyers, especially bankruptcy lawyers, are very aware of what is happening with the economy and how the average […]Read More
Why is My Bankruptcy Lawyer Asking Me So Many Questions?
When we meet prospective clients for the first time, we try to make them feel welcome as […]Read More
What is the Means Test?
Many people come in to our office fearing the dreaded means test. They want to file bankruptcy but […]Read More
I passed the means test, so how come I still have to file a chapter 13?
Just because you pass the means test doesn’t mean you won’t be forced to file a chapter 13. You may have to if under the totality of circumstances, your case would constitute an abuse.Read More
Why do I have to give paystubs to my bankruptcy attorney?
At Lakelaw, we ask all our clients to give us paystubs from their jobs for the six months […]Read More
What is a reaffirmation agreement?
If you are buying something on credit, like a car or a house, this is called a secured debt. In bankruptcy, you need to make choices about your secured debt. Here’s a brief explanation of your options.Read More
What is projected monthly income? How much must I pay in chapter 13?
What is projected monthly income? And why do we care? It tells us your monthly payment in a chapter 13 case.Read More
Personal Financial Management Instructional Course – A Big Bankruptcy Trap
If you file a bankruptcy case, be sure to take the financial management course. Otherwise your bankruptcy case will be closed and you won’t get a discharge.Read More