Articles from Allmand Law

Today In Bankruptcy – 03-26-2013

69114759Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for March 26, 2013 Dionne Warwick files for bankruptcy: Singer owes over $10 million, has just $25K in assets ‘Upscale’ Revel N.J. casino files bankruptcy Otelco files for bankruptcy after losing key contract

Will Filing Bankruptcy Before Getting Married Affect My Future Spouse?

married-couple-walking-on-the-beachIn short, if you file for bankruptcy before getting married your future spouse will not be affected.  This is a common concern for a debtor to bring up during their consultation with an attorney.  For some reason, many people are under the impression that a couple shares a credit score or there is a “joint [...]

Can I File Bankruptcy for Just Medical Debt Only?

How to Set Up Your Own Medical Debt SettlementMedical bills continue to be one of the main reasons why consumers seek bankruptcy protection.  Anyone who has dealt with a long term illness, hospitalization, being underinsured or no medical coverage is aware of rising healthcare costs.  Even a brief stay at the hospital has been known to create a financial burden on monthly living [...]

How Planning Ahead May Help You Keep Your Tax Refund in Chapter 7 Bankruptcy

Tax Refund Averages  If you file for Chapter 7 bankruptcy, you may not need to worry about your tax refund if you take simple steps to plan beforehand.  If you are anticipating a refund or you have received it and you plan to file for protection, it is likely you want to know what will happen.  It [...]

Today In Bankruptcy – 03-21-2013

Solar-articleLarge-v2Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for March 21, 2013 Chinese Solar Panel Giant Is Tainted by Bankruptcy Speed Into Bankruptcy With the World’s Most Powerful Electric Outboard Motor Ruling cracks open asbestos bankruptcy records

Nebraska Man Pleads Guilty to Committing Bankruptcy Fraud

Chapter 12 BankruptcyRoss Boydston, 57, of Creston, Nebraska, pleaded guilty this week to a federal charge of bankruptcy fraud.  He admitted he was involved in a scheme that included selling livestock he pledged as collateral without telling the lender about proceeds received from the sale.  He also failed to mention the transaction had occurred while in bankruptcy. [...]

Getting Tax Debt Discharged in Bankruptcy: 4 Requirements Your Debt Must Meet

115739913_4_351229cIf you’re wondering whether you can get can tax debt eliminated in bankruptcy, you’ll need to review several factors to learn if your debt qualifies.  Chapter 7 and Chapter 13 bankruptcies may help you deal with your debt in different ways.  In order to understand your options in detail and learn if bankruptcy is an [...]

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