Submitted by Anonymous (not verified) on Sat, 05/05/2018 - 00:27
Divorcing Spouses File a Chapter 7? A “joint case” is one filed “by an individual… and such individual’s spouse.” “Spouse” is not defined in the Bankruptcy Code, but presumably refers to someone who is legally married to the “individual.”
So, if you and your spouse are contemplating divorce, you CAN file a Chapter 7 “straight bankruptcy” jointly. But Should You File Together?
Submitted by Anonymous (not verified) on Fri, 05/04/2018 - 00:13
Credit counseling and post-bankruptcy debtor education courses must be taken by every individual that files for Chapter 7 bankruptcy or Chapter 13 bankruptcy, with few exceptions.
PRE-BANKRUPTCY CREDIT COUNSELING
The pre-bankruptcy credit counseling class includes information on credit counseling opportunities and provides assistance in performing a budget analysis. This consumer bankruptcy counseling is an opportunity to understand the personal budget process and learn simple ways of tracking income and expenses.
Submitted by Anonymous (not verified) on Wed, 05/02/2018 - 23:46
What is Zombie Debt?
Zombie Debt, also referred to as Stat debt or Out of Statute debt, refers to debt that is very old or no longer owed. Effectively, these debts have “come back from the dead” to haunt you again. Debt scavengers are debt collectors who purchase zombie debt from a source – the original creditor, a successor creditor who bought the original creditor’s debt, or even from another debt collection agency – often for pennies on the dollar, and who attempt to collect the debt from the debtor.
Submitted by Anonymous (not verified) on Tue, 05/01/2018 - 22:04
We get it. You want to co-sign a student loan or feel like you should anyway. After all, you want to help anyone in your family get an education and it’s just co-signing. If they make all the payments, everything will be fine. The reality is that co-signing these loans can put you in a place where bankruptcy will be your only option.
Submitted by Anonymous (not verified) on Mon, 04/30/2018 - 23:31
When going through a divorce, you can be left with different types of obligations. The most common is a domestic support obligation, such as child support or alimony, but you can also be made responsible for your spouse’s separate debts after divorce, usually as part of the property division.
Submitted by Anonymous (not verified) on Wed, 04/25/2018 - 23:16
One of the benefits of the federal bankruptcy laws is a well-known exemption to the liquidation of assets. This exemption is known as the homestead exemptions, and under Washington law can help someone struggling through a bankruptcy emerge from the process with a small win.
Under the Washington exemption system, homeowners may exempt up to $125,000 of their home or other property covered by the homestead exemption.
Submitted by Anonymous (not verified) on Tue, 04/24/2018 - 21:13
Tax time has come again and many Seattle and Tacoma area bankruptcy filers are wondering whether they are going to be able to eliminate their debt and still keep their tax refund. Thankfully, the answer is generally yes and here is Keeping Your Refund in a Washington Bankruptcy is always a plus.
Submitted by Anonymous (not verified) on Mon, 04/23/2018 - 23:08
Upright Law Sanctioned, a national bankruptcy firm, operating in both Oregon and Washington, was recently sanctioned and enjoined by the U.S. Bankruptcy Court for for causing “unconscionable” harm to its clients. The court found that the law firm and its attorneys engaged in the unauthorized practice of law and provided inadequate representation to consumer debtor clients.
Submitted by Anonymous (not verified) on Mon, 04/23/2018 - 19:51
Upright Law Sanctioned, a national bankruptcy firm, operating in both Oregon and Washington, was recently sanctioned and enjoined by the U.S. Bankruptcy Court for for causing “unconscionable” harm to its clients. The court found that the law firm and its attorneys engaged in the unauthorized practice of law and provided inadequate representation to consumer debtor clients.