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.
Some of the assets you may want to protect in a bankruptcy case are those that are security for debts.
“Credit counseling” has to be done shortly before filing bankruptcy, “debtor education” shortly after. The latter may even be worthwhile.
Bankruptcy writes off income taxes, if they meet certain conditions. These conditions are relatively, but not completely, straightforward.
If it’s been many months and your medical bills aren’t being paid, and may never be, bankruptcy can give you immediate and permanent relief.
If your negligence helped cause an auto accident, you may be under financial stress from various directions. How bankruptcy can help.
Although it’s hard to get rid of student loans through bankruptcy, it’s worth knowing whether and how it can help.
You’ve been sued by one or more creditors. They have a judgment or are about to get one. You can stop them from garnishing your paycheck.
Yes, the “discharge”–write-off–of your debts does not happen until the end of your 3-to-5-year case. Thus there are some resulting risks.
So you’ve heard you can get into trouble if you use credit before filing bankruptcy. What are the rules about this?
It’s a matter of timing. And that timing depends on whether you previously filed under Chapter 7 or 13, and what you are filing under now.
Yes, if you meet certain conditions you CAN legally discharge–permanently write off–federal and state income taxes.
The federal court itself says it is “extremely difficult” to go through a Chapter 7 case successfully without an attorney.
Chapter 7, sometimes called “straight bankruptcy,” is the simplest type of bankruptcy, yet it can also handle not-so-simple debt problems.