Property and possessions that you have a shared interest in can be the kind you don’t think of as yours for bankruptcy purposes.
Special Bankruptcy Rule about Inheritance
Inheritances and life insurance proceeds have a special rule when it comes to the timing of your bankruptcy filing.
The Benefit of Surrendering Collateral in Chapter 13
If you are concerned that in a Chapter 13 case a debt resulting from surrendered collateral will cost you more, often it won’t.
Proofs of Claim of Secured Creditors in Chapter 13
If you want secured creditors to be paid in your Chapter 13 plan, they must file proofs of claim. Let’s use the example of a vehicle loan.
Proofs of Claim of Priority Creditors in Chapter 13
Priority proofs of claim need to be carefully monitored in a Chapter 13 case. Make sure one’s filed so it gets paid, and at the right amount.
Proofs of Claim of General Unsecured Creditors in Chapter 13
Often creditors’ proofs of claim do not affect the amount you have to pay in a Chapter 13 case. But sometimes they make a huge difference.
Creditor Proofs of Claim
In most Chapter 7 cases, there is not much practical effect to what creditors put on their proofs of claim.
Post-Petition Income Tax Debts in Chapter 13
File your Chapter 13 “adjustment of debts” case at the right time to include all possible tax debts. Then budget right to prevent new ones.
Your Debts and the Timing of Filing Your Chapter 13 Case
There are various ways of dealing with debts that arise during the course of your Chapter 13 “adjustment of debts” case.
Your Assets and the Timing of Filing a Chapter 7 Case
Pre-petition assets are “property of the bankruptcy estate,” part of your Chapter 7 case. Post-petition assets are not.
Debts and the Time of Filing a Chapter 7 Case
The timing of your Chapter 7 “straight bankruptcy” case can make a huge difference in dealing with your debts.
Summary about the Automatic Stay
During the last 13 blog posts we’ve covered the automatic stay–crucial protection that filing bankruptcy gives you. Here’s a helpful summary.
Avoid Having No Automatic Stay
If there’s a risk you would not get the immediate benefit of the automatic stay, be aware of it and be prepare to prove your “good faith.”