You’re not likely to be accused of creating a fraudulent debt. But if so, bankruptcy can stop its collection. And resolve the problem. Most Debts are Discharged (Permanently Written Off) in Bankruptcy The federal Bankruptcy Code has a list of the kinds of debts that filing bankruptcy does not discharge. This list details the conditions under which discharge does … Read More
Sometimes not all your debts are discharged—legally written off—in Chapter 7. Some you might want to pay; others you legally can’t discharge. Two blog posts ago we ended by saying that most general unsecured debts get legally written off—“discharged”—in a Chapter 7 bankruptcy case, but that there are some exceptions. We’ll get into those exceptions now. These exceptions include … Read More
How to know whether to delay filing bankruptcy when you’re expecting new medical services and their medical debts? Here are two examples.
In our example about the adversary proceeding about whether a debt gets discharged, here are the creditor’s and debtor’s closing arguments.
Here’s how the debtor and creditor get at the facts in an adversary proceeding about whether a debt gets discharged.
Watch out for this scam: a phone call seemingly from somebody you should trust, giving reliable sounding information, requesting money. You Wouldn’t Be Fooled by This If you get an email written in imperfect English from somebody saying she needs your help to move a huge amount of money out of her African country, and that you’ll get a healthy … Read More
The federal court itself says it is “extremely difficult” to go through a Chapter 7 case successfully without an attorney.