If you’re behind on child or spousal support, the support enforcement agency can be extremely aggressive. Chapter 7 doesn’t help much. Chapter 13 CAN.
Straight Chapter 7 bankruptcy gives very limited help if you’re behind on your vehicle and need to keep it. And Chapter 13? Provides much more help.
Bankruptcy stops a vehicle repo from happening. But what then?
The Federalist Papers are a key source for understanding the intentions of the drafters of the Constitution. What do these essays say about the Bankruptcy Clause?
225 years ago this month, the Constitutional Convention adopted the U.S. Constitution. Its Bankruptcy Clause was a quiet but crucial component of a much stronger national government.
More answers about how Chapter 13 gives you up to 5 years to catch up on your past-due mortgage.
Chapter 13 gives you up to 5 years to catch up on your past-due mortgage. How does this actually work?
Filing bankruptcy can buy you a little time or a lot of time, enough time either to transition to a new home or to save your home.
This $36 billion is owed by 2 million older Americans. Garnishment of their Social Security benefits to pay these student loans has skyrocketed.
Once garnished, that portion of your wages or salary is forever gone. With one exception.
Bankruptcy quashes a garnishment, but only if it’s filed in time.
Bankruptcy protects your paycheck because it’s more powerful than the creditor’s garnishment court order. Bankruptcy Stops Wage Garnishments A garnishment is effectively a court order which tells your employer to pay a portion of your paycheck to the creditor instead of to you. Except in rare circumstances, a creditor can’t get that garnishment order without first suing you and getting … Read More
Getting sued by a creditor is a wake-up call to consider filing bankruptcy. If it is the right thing to do, there are advantages to filing before your deadline to respond to the lawsuit. If you get sued by a creditor, as discussed in my last blog it’s dangerous both short-term and long-term not to consult with an attorney. … Read More