Sometimes you don’t know who exactly you owe on a debt. Or whether you owe a debt at all. List all possible creditors to make sure.
In general, you must include every creditor in your bankruptcy documents. Most concerns you may have about this can be satisfied.
A bankruptcy filing is a matter of public record, so anybody can find out about it. But mostly just your creditors will know.
Two steps: 1) Hiring an attorney stops collection calls and some other creditor actions. 2) Filing bankruptcy stops everything else.
If you’re careful it’s easy to avoid the rude surprise of hurting the friend, relative or other creditor you paid before filing bankruptcy.
Christmas and bankruptcy have some surprisingly similar themes: somebody DOES care about your misfortune, and life CAN be better.
The holiday season is a time to be nice. But don’t do so by paying relatives & friends what you owe them if you are considering bankruptcy.
If you filed two bankruptcy cases in the last year that got dismissed, you need to ask the court to now get the protection of the “stay.”
Paying a certain favored creditor within the year before filing bankruptcy can cause major headaches. Here’s how to avoid them.
You almost never attend the “confirmation hearing,” it may take only a few minutes, but it’s crucial because there your plan gets airborne.
What are the roles of the debtor, the creditors, the bankruptcy clerk, the judge, the Chapter 7 and 13 trustees, and the U. S. Trustee?
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
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