Yes, you typically have to attend a court hearing if you file for bankruptcy. The hearing is called a “341 meeting of creditors” or a… Read More »Do I Have to Go to A Court Hearing if I File Bankruptcy
Removing a second mortgage in bankruptcy can be difficult, but it is possible in certain circumstances. This process is known as “lien stripping.” Here are… Read More »Can I Remove My Second Mortgage in Bankruptcy
Judgment liens are liens that are placed on your property as a result of a court judgment. In bankruptcy, the treatment of judgment liens depends… Read More »What Happens to Judgment Liens in Bankruptcy
Secured debts are debts that are secured by a piece of property or collateral, such as a car or a house. In bankruptcy, the treatment… Read More »What Happens to Secured Debts in Bankruptcy
The treatment of taxes in bankruptcy depends on the type of bankruptcy you file and the type of tax debt you have. Chapter 13 bankruptcy:… Read More »Can I Discharge Taxes in Bankruptcy
Yes, it is possible to save your home in bankruptcy, depending on the type of bankruptcy you file and your specific financial situation. If you… Read More »Save My Home From Foreclosure
The automatic stay is a legal protection that is triggered automatically when an individual or a business files for bankruptcy. The automatic stay immediately stops… Read More »What is the Automatic Stay in Bankruptcy
Attestation in the context of student loan discharge in bankruptcy refers to the process of affirming or confirming that the information provided in the bankruptcy… Read More »Student Loan Discharge Process in Bankruptcy
The “undue hardship” test is a legal standard used in bankruptcy cases to determine whether a borrower’s student loan debt can be discharged. This test… Read More »Undue Hardship Paying Back Student Loans
Discharging student loans in bankruptcy is difficult, but not impossible. In order to discharge student loans in a bankruptcy case, the debtor must demonstrate that… Read More »Discharging Student Loans in Bankruptcy
Debtors are required to disclose a variety of information on their bankruptcy petitions, including: It is important to be honest and accurate when filling out… Read More »What Information Do I Have to Provide When I File Bankruptcy
Businesses file bankruptcy for a variety of reasons, including: It’s important to note that filing for bankruptcy is a serious decision and should not be… Read More »Why Do Businesses File Bankruptcy