Articles from Allmand Law

Today In Bankruptcy – 12-05-2013

Atari BankruptcyBringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for December 05, 2013 Legacy Videogame Company Atari Cleared to Exit Bankruptcy Biggest Bankruptcy Before Detroit, Alabama County Stages Comeback Europe’s Solyndra and the Beauty of Bankruptcy  

Can Chapter 13 Bankruptcy Help Me with Business Debt?

Chapter 13 BankruptcyIf you own a small business and need help reorganizing your debts, Chapter 13 bankruptcy may be an option to consider.  This chapter can help you develop a repayment structure based on income earnings, type of debts and expenses you have.   There are a few factors to consider in helping you understand how the process [...]

Credit Card Debt and Bankruptcy: When You May Want to Wait to File

How is Credit Card Debt Handled in Chapter 13 Bankruptcy?Credit card debt is one of the most common forms unsecured debts to be discharged in bankruptcy. If you used your card recently for large purchases it is possible they may be reviewed to make sure they can be successfully discharged.  This is due to certain charges that may not be eligible for elimination, and [...]

Today In Bankruptcy – 12-03-2013

enhanced-buzz-6994-1386089731-10Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for December 03, 2013 Judge Approves Detroit Bankruptcy Diocese: Bankruptcy unavoidable Lakewood-based Pettit Oil seeks bankruptcy protection  

Should I File Bankruptcy If I Just Lost My Job?

pinkslip-1Anyone who has lost their job or experienced a significant change in their income earnings may wonder if bankruptcy is an option to consider, especially if they feel they will be unable to make payments on their obligations.  While you may feel you should begin the process right way, you may want to analyze your [...]

How Does Bankruptcy Stop Debt Collectors?

Can I Stop the IRS from Collecting for Unpaid Taxes if I Can Not Pay?Debtors looking for relief from constant phone calls and mailings from bill collectors may wonder about how bankruptcy protection works. You may see and hear advertisements on the television and radio about using bankruptcy to stop bill collection activity, but many may not understand how the process works or even realize they may qualify to [...]

Another Reason to Consider Bankruptcy to Avoid Foreclosure

When to Refinance Your HomeMany homeowners are aware bankruptcy can help you prevent foreclosure thanks to various advertisements that regularly promote this benefit.  But, research suggests that in fact bankruptcy may help you avoid foreclosure and even provides evidence that filing is effective in preventing pending sales.

Today In Bankruptcy – 11-26-2013

AMR_US_AIRWAYS_MERGER_34290347Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for November 26, 2013 Judge promises quick decision on bankruptcy plan merger U.S. high court to chart fate of inherited IRAs in bankruptcy Judge approves initial motions in bankruptcy of electric carmaker Fisker Automotive

Does the Automatic Stay in Bankruptcy Stop Student Loan Collections?

Stop-SignIf you have student loan debt that is being pursued by the creditor when you file bankruptcy, collection efforts come to a halt due to the automatic stay.  This also ceases collection attempts through bank and wage garnishments.  This can give debtors time to figure out how to repay their loan obligations if they are [...]

Singer Aaron Carter Files Bankruptcy

aaron-carter-Aaron Carter, 25, also known as the younger brother of Backstreet Boy singer Nick Carter, filed for bankruptcy protection recently.  According to his representative the filing is in relation to debt obligations from over a decade ago when he was a minor and not in control of his finances.  The filing is being seen as [...]

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