A bankruptcy covers the debts that exist as of the time your case is filed, not future debts. So how do you know when to file your case?
Protection from Your Co-Signer
If you can’t or won’t pay a co-signed debt, or pay a co-signer, you need to protect yourself from that debt and from your co-signer.
Bankruptcy Can Protect Your Co-Signer
Don’t be afraid to file bankruptcy because of how it would affect a co-signer. Your bankruptcy often actually helps that co-signer.
Your Property of the Bankruptcy Estate Excludes a Power of Attorney
If you have a power of attorney over someone’s assets, or any similar power, those assets are not affected by your bankruptcy case.
Who’s the United States Trustee?
You hear in bankruptcy about the “trustee,” and maybe about the “U.S. Trustee.” They’re clearly easy to confuse. Who’s the U.S. Trustee?
Friday the 13th Bad Luck Turned into Good
Sometimes life simply dishes out some bad luck. A bad car accident. A serious illness. Bankruptcy turns these lemons of life into lemonade.
A Scenario about Debts from a Kentucky or Ohio Vehicle Accident
One example how debts from a vehicle accident, involving possible drunk driving, are handled in bankruptcy.
A Creditor’s Unexpectedly Unenforceable Lien
For a debt to be secured, the creditor has to go through the right legal steps. Otherwise you don’t have to pay the debt.
Financial Freedom in Kentucky and Indiana
This 4th of July make your move towards financial freedom. Get informed. You’ll feel tons better once you know your options.
Bankruptcy As a Moral Choice
When is it moral to break your promises to pay your debts?
Timing Your Bankruptcy: Can Gift-Giving be a “Fraudulent Transfer”
Gift-giving, or selling for much less than actual value, can cause problems ahead of bankruptcy, but only if it’s a large gift.
Timing Your Bankruptcy during the Holidays
Filing bankruptcy in December instead of January can make the difference between qualifying for Chapter 7 or being forced into Chapter 13.
Don’t Pay a Favorite Creditor Before You File Bankruptcy
Doing what you believe is the right thing can backfire, if you pay a special creditor before you file bankruptcy.
Avoid Selling or Borrowing against Assets Protected in Bankruptcy
Give both you, AND your assets, a fresh financial start.
Mistakes You Can Avoid When Considering Bankruptcy
Decisions that seem to make sense at the time can end up being against your best interest. Hereâs what to look out for.