The bankruptcy code allows debtors the option of representing themselves, also known as a “pro se” debtor.  Yet, just because you can file on your own doesn’t mean it is always the best idea.  In many cases you should complete the process with an experienced bankruptcy attorney.  To understand this further it helps to get […]

The Typical Co-Debtor Protection In most circumstances, when only one co-debtor files for bankruptcy protection, the non-filing co-debtor usually can maintain the property provided that the co-debtor continues to make timely payments. An interesting situation arose in a recent case. The particular property is a boat.

My Recent Client I recently had the opportunity to speak with a chapter 13 debtor. This debtor had done a prior chapter 13, where the plan payment was $350 per month. The debtor was unable to make his monthly payment to the trustee and his case was soon dismissed.

You probably think you’ll be dealing with your private student loan debt for the rest of your life.
Before I began to practice in the field of student loan law, I would have agreed with you.
And even now – after having done this work for awhile – sometimes I know it feels hopeless.

Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for April 1st, 2014 Coldwater Creek Preparing to File for Bankruptcy Partners in failed Foxwoods casino file for bankruptcy Cengage exits bankruptcy, cuts $5.8 bln debt more than two-thirds

One reason why many debtors may not have started the filing process for Chapter 7 bankruptcy is their inability to pay filing fees. It is possible you may be able to have them waived if you meet necessary qualifications for your state.  For instance, if you want to file for protection in Texas, your household […]

Disclosure of All Property

Chapter 13 bankruptcy is a structured repayment plan approved by the court that helps debtors make affordable monthly payments to creditors. The plan is based on income ability of the debtor with disposable income being another factor in how payments to creditors are established. A tax refund may be considered disposable income that could be […]