Automatic Stay is a bankruptcy lawyer telling creditors to ‘back off’

One bit of peace of mind my bankruptcy clients welcome as much as a fresh financial start is the Automatic Stay.  Immediately upon Wynn at Law’s filing of your bankruptcy, creditors generally cannot continue the collection process. It’s quiet time at dinner time since the persistent calls usually come to a screeching halt. When you file, Attorney Shannon Wynn becomes the contact person for the creditor.

Who Is National Collegiate Student Loan Trust?

If you’ve been sued for a private student loan by National Collegiate Student Loan Trust, there’s a good chance you have no idea who they are. Here’s what I know, and what you need to know.
Have a private student loan?
Chances are pretty good that National Collegiate Student Loan Trust is involved.
This entity isn’t a lender, servicer or guarantor of your loan. Instead, it’s a series of trusts that contain private student loans packaged and sold as investment vehicles.

Who Is National Collegiate Student Loan Trust?

If you've been sued for a private student loan by National Collegiate Student Loan Trust, there's a good chance you have no idea who they are. Here's what I know, and what you need to know. Have a private student loan? Chances are pretty good that National Collegiate Student Loan Trust is involved. This Read the article

Holly Gets Hired after Bankruptcy and Gets a New Credit Card

Holly Gets Hired After Bankruptcy and Gets a New Company Credit Card Holly was at the end of her rope. She’d been out of work for two years; she kept getting interviews but no offers; and she was feeding partial payments to her creditors, to try to keep them off her back.

Holly Gets Hired after Bankruptcy and Gets a New Credit Card

Holly Gets Hired After Bankruptcy and Gets a New Company Credit Card Holly was at the end of her rope. She’d been out of work for two years; she kept getting interviews but no offers; and she was feeding partial payments to her creditors, to try to keep them off her back. She believed she was […]

Holly Gets Hired after Bankruptcy and Gets a New Credit Card

Holly Gets Hired After Bankruptcy and Gets a New Company Credit Card Holly was at the end of her rope. She’d been out of work for two years; she kept getting interviews but no offers; and she was feeding partial payments to her creditors, to try to keep them off her back. She believed she was […]

Income Tax Debt Can Extend Trustee’s Time to Set Aside Asset Transfers

It is generally true in a New York bankruptcy case that the Chapter 7 Trustee has a “look back” period of six years prior to the bankruptcy filing to examine asset transfers and commence litigation to set aside any that are deemed to be fraudulent transfers. This is because the Bankruptcy Code allows a Chapter 7 Trustee to set aside asset transfers that would be “voidable under applicable law by a creditor holding an unsecured claim…”.

Attorney Shannon Wynn: Even in bankruptcy, file your taxes

The U.S. Bankruptcy Code is nothing you have to learn. Wynn at Law, LLC studies it to offer you the best legal guidance for your particular situation. For example, we don’t provide tax advice, but for a bankruptcy filing you’re required to have income tax returns filed for the taxable period the year leading up to the date of your bankruptcy case. It’s a good idea to have four years of preceding income tax returns as well.

Even in bankruptcy, file your taxes

The U.S. Bankruptcy Code is nothing you have to learn. Wynn at Law, LLC studies it to offer you the best legal guidance for your particular situation. For example, we don’t provide tax advice, but for a bankruptcy filing you’re required to have income tax returns filed for the taxable period the year leading up to the date of your bankruptcy case. It’s a good idea to have four years of preceding income tax returns as well.

Strategies for student loans in bankruptcy

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