Most debtors seeking to have debt eliminated or discharged may have the action granted by the bankruptcy court.  Although a discharge can be denied and in many cases it is due to the debtor doing something they should have avoided.  It is important to note that when a discharge is denied, it may not necessarily [...]

By John Clark
After more than two years of legal wrangling, pop star Toni Braxton has reportedly reached a deal to wrap up her bankruptcy filing, according to the San Francisco Chronicle.
Braxton originally filed for bankruptcy in 2010, claiming that she owed tens of millions of dollars to creditors, but it appears her long debt relief journey may be coming to an end.
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Written by: Robert DeMarco
United States Bankruptcy Laws – The Chandler Act and the Bankruptcy Reform Act of 1978

Written by: Robert DeMarco
United States Bankruptcy Laws – The Chandler Act and the Bankruptcy Reform Act of 1978

“All this has happened before, and all of it will happen again.” - Pythia

You may be asking yourself, “Why do I need to hire an attorney to file bankruptcy?” You may also think, “I’ve done some research and I’ve seen the forms to fill out. It seems simple enough.”  The answer is: Bankruptcy isn’t as easy as a process as you may think. Time and again, we have […]

Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for July 09, 2013 As Detroit teeters on bankruptcy, creditors are left holding the bag Hoover owner vacuums up Oreck at bankruptcy auction Tootie Pie files for bankruptcy

Many refer to bankruptcy as being a powerful financial tool that can help eliminate or restructure your finances.  When you are considering filing for protection, you should know what debt is eligible for discharge since all debts cannot be wiped out.  Certain debts, such as credit card and medical bills, may be wiped out in [...]

Have you made all your payments under your Chapter 13 plan?  You can still lose your discharge—unless you file your §1328 Certification. Why is that?  You cannot get a chapter 13 discharge if you were one of the people who caused the housing crisis back in 2007 and 2008.  Or if you’ve been convicted of [...]The post Chapter 13: Don’t get disqualified at the finish line appeared first on Robert Weed.

You are allowed to pay off debts that you’ve discharged in a bankruptcy case. Whether it’s smart to do so, however, is another matter altogether.
If you’re thinking about filing for bankruptcy, you probably feel guilty about it.