Articles from Allmand Law

Today In Bankruptcy – 11-12-2013

DMXBringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for November 12, 2013 Judge in NY rejects DMX’s bankruptcy filing 3,000 jobs to go as UK retailers file for bankruptcy Global Aviation Enters Bankruptcy  

How Much Time Can Pass Before I File Bankruptcy Again?

Can I Just Put Anything On My Petition To Get My Bankruptcy Filed In A Hurry?If you filed bankruptcy in the past you may have questions about whether to file again.  Understanding when you can file again is important to help save time and money.

4 Things You Should Not Do Before Filing Bankruptcy

4Most debtors who file bankruptcy want to complete the process as soon as possible to get the relief they need.  Yet, doing certain actions beforehand can hinder the end result of your case.  Consumers are encouraged to learn about the filing process, but you should also keep in mind of actions to avoid if you [...]

Does a Certain Amount of Debt Make You Eligible for Bankruptcy?

ACC-BankruptSome debtors wonder if you have to have a specific amount of debt in order to file for bankruptcy protection.  In most cases you do not need a set amount of debt to file, but it depends on which chapter you are seeking protection with and other details relating to meeting qualifications. For instance, most [...]

Today In Bankruptcy – 11-07-2013

BN-AH853_hamels_E_20131107132234Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for November 07, 2013 Pro Athletes Score in Bankruptcy Court Atlantic Club Announces Bankruptcy Filing The Bankruptcy Exemption  

Things Are Looking Up When It Comes to Filing Bankruptcy

Most Common Questions about Bankruptcy and Income Tax DebtFinancial experts actually have good things to say about bankruptcy.  While filings increased greatly during the recession in 2008, the sudden surge of filers during this time was scrutinized by some experts as an unacceptable way for people to get rid of outstanding debt.  But, if you are truly in a situation in which you [...]

Can Chapter 13 Bankruptcy Help with Child Support Debt?

What Is A Bad Faith Bankruptcy?If you are behind on child support payments those payments are not eligible to be wiped out in bankruptcy.  Child support payments are considered priority debts that a debtor will continue to be responsible for even after their case ends.  But, Chapter 13 bankruptcy may help you get caught up on payments.  If you have [...]

Today In Bankruptcy – 11-05-2013

A Hertz sign is seen outside a rental car office in FerndaleBringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for November 05, 2013 Advantage to file for bankruptcy as Hertz cuts car supply Atlantic Express files for bankruptcy, but Staten Island bus service will remain the same for now Casey Anthony bankruptcy judge: Lawsuits can move forward  

Bankruptcy and Tax Debt: What You Need to Know

Discharging DebtThere are various advertisements on television and radio that encourage consumers to utilize special services aimed at getting rid of tax debt through bankruptcy. Keep in mind the process may not be as easy as they make it sound.  Some tax debts may not qualify for elimination in bankruptcy (Chapter 7), but they may qualify [...]

3 Things You Should Do Before Filing Bankruptcy

3 fingersDealing with the reality of your financial situation may feel like a heavy burden, but filing for protection may be the only viable solution to get the relief you need. As an important step in regaining control over your finances, there are a few crucial steps you should take when making the decision to begin [...]

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