Our Blog

10

Mar 2017

The actions an individual takes leading up to filing bankruptcy can drastically affect his or her ability to get a "fresh start." By avoiding these seven mistakes, one can travel successfully through the bankruptcy process without losing a pound of flesh.

 

1. THE CREDIT CARD RUN-UP MISTAKE:

05

Feb 2017

Many people are attempting to receive modifications to the terms or the balances of their mortgages before the filing of their chapter 13 case.  You may still apply for a modification of your mortgage even after you file but you must do all the paperwork directly and negotiate the new terms directly with the mortgage company.  The filing of your chapter 13 does not make you more eligible for a modification and the court has no ability to force the mortgage company to modify the terms or balance of your mortgage on your home.  The court must approve any modification in order f

01

Jan 2017

From: Consumer Bankruptcy Law and Practice, National Consumer Law Center

Answers to Common Bankruptcy Questions

A decision to file for bankruptcy should be made only after determining that bankruptcy is the best way to deal with your financial problems. This FAQ cannot explain every aspect of the bankruptcy process. If you still have questions after reading it you should consult with an attorney familiar with bankruptcy.

03

Dec 2016

Once you have paid all the upfront fees you have been quoted and provided us with all the documents we have requested from you, we will set you an appointment to sign your petition and at that time, once you have reviewed all the paperwork thoroughly and signed where required, we will file the petition with the court.  At this time, and not before, you will have all the protections given by federal law against collection, repossession and foreclosure as well as from being sued in state court for nonpayment.

02

Nov 2016

Child and/or spousal support is not dischargeable in either a chapter 7 or a chapter 13 case.

If you are under a court order to pay child or spousal support when you file a either a chapter 7 or a chapter 13, you will be required to continue to make the monthly payments and not fall behind during the case.  If you do fall behind in your payments during the time you are in the case and you do not catch all of the payments up by the end of your case, then you will not be eligible to receive a discharge.