Articles from Robert Weed

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Here’s What We Need for our Next Meeting

Submitted by Anonymous (not verified) on Sat, 09/13/2025 - 18:52

Here’s what we need for our Be Happy meeting
To Be Happy, we need the necessary information and the bankrutpcy required documentsOur Be Happy meeting reviews information the bankruptcy court needs to approve your case. So you can “be happy.”

Bankruptcy Eligiblity is a Moving Target

Submitted by Anonymous (not verified) on Sun, 09/07/2025 - 21:21

Don’t sit on your Bankruptcy Eligiblity: It’s a moving target
In January, Larry came to talk to me about Chapter 7 bankruptcy eligiblity. He had a car repossession and about $25,000 in charged off credit cards. He was planning to get married and hoped to buy a house in a few years. His fiancé warned him they could never buy a house if he didn’t fix his credit.
Great, I promised, we can do a Chapter 7 bankruptcy to do exactly what you want.

Discharge and Dismissal in Chapter 13

Submitted by Anonymous (not verified) on Sun, 08/17/2025 - 01:37

Discharge in Chapter 13 is an Uphill Climb
For most people, most of the time, getting a discharge is the goal of a bankruptcy case. The Supreme Court put it this way.  “The principal purpose of the Bankruptcy Code is to grant a ‘fresh start’  to the ‘honest but unfortunate debtor.’ ” The discharge means the debts are gone.
About half Chapter 13 cases end up dismissed

How to Settle a Warrant in Debt

Submitted by Anonymous (not verified) on Wed, 07/30/2025 - 19:57

What’s the Best Way to Try to Settle a Warrant in Debt?
Do you want to avoid garnishment (and avoid bankruptcy) by negotiating your warrant in debt?  I get asked about that a lot. So here’s my best advice.
Go to court and Ask for a Trial
It doesn’t hurt to offer to settle before the court date, but low ball them. They will think you are scared to go to court, so they have no reason to make a good offer.

Eleven Weeks After Discharge

Submitted by Anonymous (not verified) on Sun, 06/29/2025 - 21:51

It’s Already Three Months Since Your Bankruptcy Discharge
How are you doing? Did bankruptcy work out the way you expected? Are you in control of your life, now?
I claim that after bankruptcy you will sleep better, you’ll be happier, your credit score will go up. Has that turned out like I said? I’d like to hear from you.

When Does the Postal Service Deliver Your Chapter 13 payment?  

Submitted by Anonymous (not verified) on Mon, 06/23/2025 - 20:00

How Quickly Does the Postal Service Deliver Your Chapter 13 payment?
When you are in Chapter 13, you need to make your monthly trustee payments on time–especially in the first four months of the case. So it doesn’t help that our Chapter 13 Trustee in Alexandria, Thomas Gorman, gets his payments at a bank in Memphis.

Chapter 7 Trustee Kevin McCarthy

Submitted by Anonymous (not verified) on Sat, 05/24/2025 - 19:10

Chapter 7 Trustee Kevin McCarthy
Kevin McCarthy is one of the four Chapter 7 trustees in the Alexandria, Virginia, Bankruptcy court. When you file a bankruptcy case in Alexandria, the computer assigns you to one of the four trustees.

Will Your Credit Score Improve a Year After Bankruptcy

Submitted by Anonymous (not verified) on Fri, 05/16/2025 - 19:05

Shocking Results: Credit Scores Drop the First Year After Bankruptcy
 

Why is Bankruptcy Better for Your Credit Score than “Debt Consolidation”

Submitted by Anonymous (not verified) on Fri, 04/18/2025 - 00:41

“Now I can’t even rent an apartment”
Chuck, not his real name, talked to me last month about filing bankruptcy. He’d been trying to “resolve” his debts through one of the newer debt settlement outfits, Five Lakes.  

Chapter 7 income eligibility gets slightly easier

Submitted by Anonymous (not verified) on Sat, 04/05/2025 - 20:50

Chapter 7 income eligibility got slightly easier April 1, 2025
People making less than the median income have income eligibility to file Chapter 7 bankruptcy. Those numbers adjusted up, April 1, 2025.  For Virginia, eligibility is automatic for singles under $77,420, family of 4 under $145,585.
What if I’m over the median income? You can still pass the “means test.”

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