A Chapter 7 bankruptcy case can take can take anywhere from 3 to 4 months if someone moves very quickly.  Allow me to explain.  Chapter 7 involves the filing of a bankruptcy petition.  The bankruptcy petition has to be prepared, signed by the client; the client must then take credit counseling and provide the most+ Read MoreThe post How long does a Chapter 7 bankruptcy case take? appeared first o

You never want to put all your eggs in one basket, but for many Oregonians  behind on their mortgages, it sometimes feels like they don’t have any choice.  Do they  put all my effort into modifying their mortgages, or do they  file Chapter 13 bankruptcy to stop the lender from either initiating or completing the foreclosure process and then try to modify the mortgage later once they are safely under the protection of the bankruptcy court?

There are too many debtors who think they can file bankruptcy protection and feel the court doesn’t need to know everything about their finances.  The bankruptcy code is established with federal regulations providing a fair option for debtors who truly need financial help. When you abuse the law to your benefit you could face serious [...]

How much money can I keep when I file bankruptcy?The goal of Chapter 7 bankruptcy is a fresh start after suffering from financial turmoil. The Chapter 7 trustee is not going to demand the shirt off your back after filing bankruptcy.

Almost without exception my clients who are subject to wage garnishment in Georgia report that they feel “violated” or “horrified” by discovering tha

Almost without exception my clients who are subject to wage garnishment in Georgia report that they feel “violated” or “horrified” by discovering tha

Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for February 04, 2014 Carlsbad-Based Hot Dog On A Stick Declares Bankruptcy WR Grace emerges from bankruptcy after 13 years Baywatch star files for bankruptcy

Former NFL quarterback Vince Young, who recently filed bankruptcy, is now seeking to have his case dismissed. Attorneys representing Young claim they have reached a settlement with his largest creditor, Pro Player Funding in regards to a loan he took out with the company during the NFL lockout in 2011. Young had filed Chapter 11 [...]

Immediately after filing a bankruptcy case you have the ability to apply for credit. Most lenders are going to want to have you wait approximately 6 months to two years before extending you any kind of unsecured credit. You can apply for auto financing immediately after a bankruptcy filing.

The bankruptcy petition is the document that gets filed with the clerk of the United States bankruptcy court. The petition is basically everything about you financially. It encompasses all of your assets, your liabilities, your income, your expenses and your statement of financial affairs.