If your wages are being garnished, or you know they will be, filing an Elkhorn Chapter 7 Bankruptcy will most likely stop the wage garnishment. An Elkhorn Chapter 7 Bankruptcy stops most wage garnishments because the moment you file a bankruptcy petition, an automatic stay immediately goes into effect. The bankruptcy laws are designed to protect you, and an automatic stay does just that.
 
What Is An Automatic Stay?

Chapter 13 bankruptcy allows debtors to confirm plans that provide for the payment of their debts through future earnings while, at the same time, retaining their assets. If a creditor wishes to receive payments pursuant to a debtor’s plan, the creditor must file a proof of claim. And it must do so timely. Read More ›

As these economic times get tougher and tougher for debtors, I am confronted on a weekly and sometimes daily basis regarding their plight. In the most recent case, a debtor was having a difficult time making his rent payment and was concerned about being evicted. He then remembered that he had hired an attorney four+ Read More

Bankruptcy is a legal proceeding to either wipe out the debts you owe or pay the debts back at a lower rate. Filing a bankruptcy can sometimes be the best way to handle overwhelming debt but how do you know … Continue reading →

Bankruptcy is a legal proceeding to either wipe out the debts you owe or pay the debts back at a lower rate. Filing a bankruptcy can sometimes be the best way to handle overwhelming debt but how do you know … Continue reading →

Keep the Car In Chapter 7 Bankruptcy: What Are your Choices? When you file Chapter 7 bankruptcy, you are “in the drivers seat” with some choices on how to keep the car. One choice is to give it back. One choice is to give it back.  Especially if you have a terrible interest rate on […]The post Keep the Car In Chapter 7 Bankruptcy by Robert Weed appeared first on Robert Weed.

Keep the Car In Chapter 7 Bankruptcy: What Are your Choices? When you file Chapter 7 bankruptcy, you are “in the drivers seat” with some choices on how to keep the car. One choice is to give it back. One choice is to give it back.  Especially if you have a terrible interest rate on […]
The post Keep the Car In Chapter 7 Bankruptcy by Robert Weed appeared first on Robert Weed.

Anywhere from three weeks to fifty days after you file your Chapter 13 bankruptcy paperwork, a meeting of creditors will be held. Seven days before the meeting you will be required to give the trustee copies of your federal income tax return for the previous tax year. If you were not required to file taxes, you will provide a statement saying so.
The post Chapter 13 Bankruptcy Basics: Part Two appeared first on Tucson Bankruptcy Attorney.

Anywhere from three weeks to fifty days after you file your Chapter 13 bankruptcy paperwork, a meeting of creditors will be held. Seven days before the meeting you will be required to give the trustee copies of your federal income tax return for the previous tax year. If you were not required to file taxes, you will provide a statement saying so.
The post Chapter 13 Bankruptcy Basics: Part Two appeared first on Tucson Bankruptcy Attorney.

In this article I am going to discuss Schedule C of the bankruptcy petition, which is property exemptions. Under federal and state bankruptcy laws, there are categories and amounts of property that are exempt from the bankruptcy process. This means that you are allowed to keep the property as part of your fresh start after bankruptcy.
The post Property Exemptions in Bankruptcy appeared first on Tucson Bankruptcy Attorney.