Official Bankruptcy Forms – A Trap For The Unwary

missing jig saw pieceIf you file for bankruptcy without a lawyer, you can usually get most of the way to the finish line. Unfortunately, “almost” is good enough only in horseshoes and hand grenades – not in bankruptcy.
For a layman filing a Chapter 13 case without a lawyer, he didn’t do too badly.
He got credit counseling and filed the certificate.

Surrendering Your House in Chapter 7 Bankruptcy

Many clients “surrender” their house as part of their Chapter 7 bankruptcy and assume that said act will allow them to put their homeowner’s “experience” totally in their rear view mirror. Unfortunately, in the context of dealing with secured debt (such as mortgages or car loans) in bankruptcy, the term “surrender”does not mean what many people think it does.

Today In Bankruptcy – 06-18-2013

100751194-106530780.240x160Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for June 18, 2013 Orchard Files for Bankruptcy, but Lowe’s Buying Assets Mexico’s Maxcom negotiates prepackaged bankruptcy Texas Construction Firm Caught in Rare Spider’s Web

Budget sequester suspends bankruptcy case audits

Here at Shenwick & Associates, many of our clients have complex bankruptcy cases involving factors that often lead to increased scrutiny by the Chapter 7 Bankruptcy Trustees assigned to the cases, as well as by the United States Trustee Program (USTP), a component of

Student Loans As Non-Consumer Debt In Chapter 7 Bankruptcy

consumer or nonconsumer debt balancing actWarning – this article is fairly technical. It’s an important issue if you’re thinking about filing for bankruptcy and have student loan debt, so skim it to get some ideas.
At least once a week, a client comes in to me with a lot of credit card debt and student loans they can’t pay.

Why Planning Ahead Before Filing Bankruptcy Can Help You Save Money

Prepare for a BankruptcyMany people may not realize that planning ahead for bankruptcy may help you save money, aside from protecting your assets.  Planning ahead includes taking a number of important steps to ensure you complete the process faithfully to the best of your knowledge.  Taking time to get advice from informed professionals can help you obtain a [...]

New Better Business Bureau A+ Rating for Our Bankruptcy and FDCPA Law Firm!

Never got one of these on a report card so I am extremely pleased to report that our law firm has obtained an ‘A+’ rating from the Better Business Bureau for our Bankruptcy and Fair Debt Collection Practices Act work.

Understand The Tax Implications Of Settling Credit Card Debt

tax implications of credit card debt settlementCredit card debt settlement can leave you owing taxes on the forgiven balance.
If you’re in debt and have only one or two credit cards that you need to clear up, you may want to look into settling your debt.

Do I need to file bankruptcy after foreclosure–update!

As a Virginia bankruptcy lawyer, people ask me almost every day, do I need to file bankruptcy after foreclosure? When I try to answer that question, we look at the credit reports.  Usually, the first mortgage shows “foreclosed” with a zero balance.  Does that mean you are safe?  Does that mean you don’t owe the [...]The post Do I need to file bankruptcy after foreclosure–update! appeared first on Robert Weed.

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