You don’t necessarily need Chapter 13 to protect an exposed asset. The bankruptcy trustee in Chapter 7 is usually willing to do a deal.
A Sensible Explanation for the “Jobless Recovery”
Corporate profits are very high, while unemployment remains high. Why aren’t businesses hiring more? Because they don’t think they need to.
Practical Bankruptcy: The Disabled Veteran, Active Duty, and Homeland Defense Exemptions from the “Means Test”
Skip the “means test” and qualify for Chapter 7 if you fit within these military-related exemptions. But they ARE narrow ones.
Practical Bankruptcy: The Easiest Way to Qualify for Chapter 7 Is to Avoid the Consumer “Means Test” Altogether
Skip the “means test” if your debts are not primarily consumer debts.
Practical Bankruptcy: Passing the Income Side of the “Means Test” to Qualify for Chapter 7
The easiest way to pass the “means test” is to have no more than median income. Here’s how it works.
Practical Bankruptcy: Stopping an IRS Levy and Resolving Your Income Tax Debts through Chapter 13
Chapter 7 can only help in certain tax debt situations. Chapter 13 “adjustment of debts” is both more powerful and more flexible.
Practical Bankruptcy: Stopping an IRS Garnishment with Chapter 7
Even though a 3-to-5-year Chapter 13 case is often the best option for income tax debts, sometimes all you need is a simpler Chapter 7.
Practical Bankruptcy: Stopping Your Home’s Foreclosure to Keep it, or Sell it later, through Chapter 13
When it’s smart to file a 3-to-5-year Chapter 13 case to prevent a home foreclosure and be able to keep it permanently, or to sell it later.
Practical Bankruptcy: Stopping the Foreclosure of Your Home and Keeping It Through Chapter 7
Do you really have to file a 3-to-5-year Chapter 13 case to stop a foreclosure of your home and then be able to keep it permanently?
Practical Bankruptcy: Delaying Your Home’s Foreclosure to Buy Time to Move
Even if you don’t think you can stay in your home, Chapter 7 gives you more time to save money for your move, and may buy some leverage.
Practical Bankruptcy: Stopping Collection of Child Support Arrearage
Chapter 7 “straight bankruptcy” does not stop aggressive collections by your ex-spouse or support enforcement. But Chapter 13 does.
Practical Bankruptcy: Vehicle Loan “Cramdown” Under Chapter 13
Do you absolutely need to keep your vehicle, but can’t afford the monthly payments? See if you qualify for a “cramdown.”
Labor Day Special–The Most Hard-Working and Productive Workers
Long working hours, comparatively good tools, and an efficient business environment mean that we produce more per person than anybody else.