Unexpected Benefit: Force a Creditor to Return Your Money

Wasson and ThornhillBankruptcy Law

Filing bankruptcy stops garnishments and collections, but it also may be able to make a creditor return your money recently taken from you.     Bankruptcy’s “automatic stay” is one of the most immediate and powerful benefits of filing bankruptcy. It immediately stops almost all creditor collection actions against you, your income, and your assets. See Section 362 of the U.S. Bankruptcy Code. … Read More

A Debt You Personally or Morally Want to Pay

Wasson and ThornhillBankruptcy Advice

If you feel personally or morally obligated to pay a debt, Chapter 7 allows you to do that, while Chapter 13 puts up roadblocks.   Our last blog post was about debts that you still pay after a Chapter 7 “straight bankruptcy” case. These included debts you might WANT to pay as well as those that you are legally REQUIRED … Read More