To find out if you can keep everything you own in a Chapter 7 case, the first step is finding out what’s in your bankruptcy estate.
If you can, don’t do cash advances during the holidays if you’re contemplating filing bankruptcy. If you do, understand the rules about them.
If you’re considering filing bankruptcy, try to avoid using credit cards to finance the holidays. But if you do, there are some extra risks.
So you’ve heard you can get into trouble if you use credit before filing bankruptcy. What are the rules about this?
Likely you’ve not committed any fraud preventing you from writing off your debts in bankruptcy. But how about “presumptions of fraud”?
Avoid using credit during the holidays if you’re thinking about bankruptcy. But if you do so, or are tempted to, read this.
The risk that creditors will not allow you to discharge some of their debts can be minimized through smart timing of your bankruptcy.