As many of you may know, filing for bankruptcy invokes the automatic stay which requires all collection actions and lawsuits to stop . As such, a good way for people to stop lawsuits and a prevent judgments is to file for bankruptcy. Furthermore, if the Debtor is the one that commenced the personal injury lawsuit, [...]
- Published: Jun 8th, 2011
If you are facing foreclosure and you are not able to work out a deal with your lender, you are not without options.
- Published: Apr 12th, 2011
Various provisions of the Bankruptcy Code provide a special designation and treatment for small businesses that fall within a specific criteria. This designation allows for a faster, more efficient and cost effective way to reorganize a Chapter 11 Bankruptcy case.
- Published: Mar 17th, 2011
When you meet with an attorney to determine that you qualify for Chapter 7 or 13 bankruptcy, a number of documents will need to be provided to the attorney and submitted to the court. The list will vary depending on each case. Additional documents will be required if the Debtor is involved in a Personal Injury case, if the Debtor owns a business and many other factors.
- Published: Mar 1st, 2011
Many people in the United States today have student loan debt and often have a difficult time repaying it. While generally student loans can not be discharged in bankruptcy, in circumstances where the debtor can show that repayment of student loan debt “will impose an undue hardship on [the debtor] or [the debtor's dependents]“, the [...]
- Published: Feb 16th, 2011
The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA) requires Trustees of Chapter 7 and 13 cases to send a notice of bankruptcy filing and a notice of discharge if there is a claim for a domestic support obligation in a case.
