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
Chapter 13 bankruptcy is a type of reorganization bankruptcy that allows individuals with regular income to repay their debts over a period of 3 to… Read More »What Are The Benefits of Chapter 13
Whether you can keep your home if you file bankruptcy in California depends on the type of bankruptcy you file and the exemptions available under… Read More »What Will Happen to My Home in Bankruptcy
There are many variables to look at when determining whether you can file Chapter 7 bankruptcy. However, to qualify for Chapter 7 bankruptcy in California,… Read More »Basic Requirements to Qualify for Chapter 7 Bankruptcy
1) Do you swear or affirm to tell the truth, the whole truth, and nothing but the truth? 2) Did you provide the trustee with… Read More »Questions Frequently Asked at 341(a) Meeting of Creditors Hearing
If you file bankruptcy and receive a discharge, the last thing you want to happen is for a creditor to levy you businesses bank accounts.… Read More »Can creditor collect against my business if I received a bankruptcy discharge?
What is a default judgment? A default judgment happens when a Plaintiff in a lawsuit requests the court to enter a judgment against a defendant… Read More »Default Judgments in Bankruptcy