Avoid Being Nice to “Special” Creditors Before Filing Bankruptcy
One of the best ways to hurt one of your creditors is by being nice to him, her, or it. Specifically, if, before you file a bankruptcy, you pay a creditor much more than you are paying at that time to your other creditors, then that favored creditor may be required to give back that […]
Bankruptcy Can Solve Your Debt Problems Even If You Can’t Write Off Every Debt
Don’t disregard bankruptcy as an option just because it does not write off the debt which is your immediate headache. There’s likely some good medicine for that headache after all.
Paying Your Special Creditor After Filing Bankruptcy
If you file bankruptcy, it’s okay to voluntarily repay any debt. But there can be unexpected consequences.
“If Only I’d Gone to See My Bankruptcy Attorney Sooner . . . ”
Those are the words I hate to hear from a new client. Bankruptcy attorneys are in the business because we truly want to help people. It’s an emotionally tough area of law, dealing all the time with clients who are financially hurting. Usually my client are also hurting in other ways, related to what caused […]
Creditors to Whom You Feel a Special Loyalty
In bankruptcy it’s okay to FEEL differently towards some creditors than others. You can also sometimes ACT differently, but only if you very carefully follow the rules.
Choosing the Right Medicine for Saving Your Home through Bankruptcy
Both Chapter 7 and Chapter 13 stop a foreclosure of your home. One or the other COULD be better for you and your home, but which one is it? Many considerations come into play in deciding whether a Chapter 7 or 13 is better medicine for you. I could list literally dozens of possible ones. […]
Are Paying Debts a Moral Obligation?
Yes, you have a moral obligation to pay your debts. But do you have higher moral obligations to release yourself from those debts?
Can I Do a “Cramdown” on Collateral Other than My Home or Vehicle?
If you are buying something on time and want to keep it, you often can do so for less money IF you bought it more than a year ago.
Stopping the Foreclosure of Your Home Temporarily and Permanently through Bankruptcy
Both Chapter 7 and Chapter 13 can help you save your home. Which one is better for YOU? You have almost for sure heard that the filing of a bankruptcy stops a foreclosure. You may have also heard that Chapter 13—the repayment version of bankruptcy—can be a good tool for saving your home in the […]
A Patriotic Fresh Start
If you’re financially hurting this 4th of July, you may not exactly be feeling like this is a great country. But it is.