Questions about 401 (k) and Bankruptcy
If you are filing for Chapter 7 or Chapter 13 bankruptcy, you are undoubtedly experiencing a great deal of stress due to your financial situation. In such times, it’s a…
What Is a Bankruptcy Trustee and What Do They Do?
When filing Chapter 7 or Chapter 13 bankruptcy, you will likely hear the word “trustee” used quite a bit. Not only are trustees often a requirement during many bankruptcy filings,…
The impact of being dismissed from bankruptcy
To the average person, the phrase “bankruptcy dismissal” just sounds bad. After all if your finances were bad enough to file bankruptcy in the first place, many people think “dismissal”…
The Truth About Bankruptcy and Retirement Accounts
When facing the prospect of filing for bankruptcy, many people will do whatever they can to delay or avoid this fate. This could mean liquidating assets or using any property…
3 Things Your Friends Told You About Bankruptcy That Aren’t True
There are lots of things that spread simply by rumor and myth. Here are a few fun ones from popular culture: The President isn’t really an American. The government is…
Will Bankruptcy Keep Me from Getting a Job?
The job market in today’s world is more competitive than ever. And if your potential employment is contingent on something like a background check, there’s a good chance that a…
Can a Bank Freeze My Accounts Because of Bankruptcy?
In recent years, several high profile banks have made the news by freezing the bank account funds of debtors that are filing for bankruptcy (usually those filing Chapter 7). In…
Can Private Student Loans Be Included in Bankruptcy
Student loans are often the ideal solution to helping someone earn a college degree which can lead to an improved quality of life, as well as a significant increase in…
Bankruptcy and Cosigners: Options for Paying down the Debt
For individuals that are considering bankruptcy and have taken out debt with a cosigner, there are specific factors to evaluate before deciding whether to file Chapter 7 or Chapter 13.…
What Happens When the Ex-Spouse Does Not Pay Credit Cards As Ordered?
One of the results of divorce proceedings is that a judge will often order one of the divorcing spouses to pay down the debts owed by the other spouse. This…