I want to file for bankruptcy. Can I sell my tools, jewelry, or car with a lien on it beforehand?
Posted on Oct 27, 2014 in Bankruptcy
A lien gives your creditor to repossess and sell your property if you don’t pay. A mortgage creates […]Read More
I inherited an IRA from a family member, can I protect it in bankruptcy?
Posted on Jun 30, 2014 in Bankruptcy Information
Starting an Individual Retirement Account, or IRA, is pretty easy. You can call a financial adviser, or even do […]Read More
Should I Take Money Out Of My Retirement Account to Pay My Creditors?
The answer, as always, is “It depends”. Take two recent examples we’ve seen. The first person is a […]Read More
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 […]Read More
Can I Stop a Citation to Discover Assets By Filing For Bankruptcy?
Courts in all states have procedures set to allow creditors to get judgments against the debtors who owe […]Read More
Facing a Collection of a Judgment
There are times when a person may be found to owe another person money. Usually one party sues […]Read More
Payment Plan for Chapter 13
Posted on May 15, 2014 in Chapter 13
The first thing someone researching chapter 13 learns is that, fundamentally, it’s a payment plan. Someone seeking chapter […]Read More
Who Can File Chapter 13?
Typically, individuals who file bankruptcy have a choice between filing a chapter 7 “liquidation” and a chapter 13 […]Read More
Free Lance-Star and Fisker Automotive: Development of the ‘For Cause’ Exception to Credit Bidding
On April 14, 2014, the Bankruptcy Court for the Eastern District of Virginia issued an opinion limiting the […]Read More
If My Chapter 13 is Dismissed, Who Gets the Money?
Posted on Apr 17, 2014 in Chapter 13
Recently, the district court for the Northern District of Illinois ruled on one of the important unresolved issues in chapter […]Read More