Consumer Bankruptcy Law

A bankruptcy lawyer can counsel you on bankruptcy laws, advise you as to which chapter you should file under and be your advocate in the bankruptcy process. Since filing for bankruptcy can be...

The ability to convert a Chapter 7 bankruptcy to a Chapter 13 bankruptcy is a viable option for most filers. The only time it is not an option is if the bankruptcy has previously been converted. A...

The first meeting with a bankruptcy attorney is called a consult. Many times, this service is provided free of charge. Preparation for the consult saves both the debtor and the attorney time, and...

Chapter 13 bankruptcy is often known as bankruptcy for the working man. It allows the debtor to pay off part of the debts owed by creating a budget and allocating excess money to creditors. Filing...

Sometimes debt can become more than you can handle. Changes in a job or a divorce can throw your cash flow off balance and cause more money to be going out than coming in. During situations like...

Purchasing a car after filing for Chapter 13 bankruptcy is sometimes necessary. It is actually fairly common for a car to be purchased during this time period. For this reason, the bankruptcy...

Debtors who have confirmed Chapter 13 bankruptcy plans do have the option to refinance their home. It is more complicated for them than for a person who hasn't filed for bankruptcy, but the option...

Converting a bankruptcy from a Chapter 13 to a Chapter 7 is the right of any debtor. The help of an experienced bankruptcy attorney is highly recommended, since bankruptcy laws are extremely...

You're filing for bankruptcy and you're afraid you'll lose everything. Filing for bankruptcy can be a stressful time. You may have to give up a lot but you can keep some of your personal assets....

Unfortunately, bankruptcy is a necessary staple in the lives of many individuals. Mitigating circumstances sometimes make bankruptcy the only option, but one that does not hold the stigma of past...

If you file for bankruptcy under Chapter 13, it should automatically disappear from your credit report after 7 years. If it still appears, however, there are several actions you can take to remove...

Recent changes to U.S. bankruptcy laws include the addition of a requirement that each debtor must complete a means test before filing for bankruptcy. The means test determines whether a person...

A number of companies and individuals take advantage of people who are in debt and currently deciding whether to file for bankruptcy. Falling for such a scam may make it harder to convince a judge...

Filing for bankruptcy can make your life very difficult, since the black mark will stay on your credit report for about 7 years and will be seen by future creditors, landlords and even employers....

Bankruptcy is intended to help debtors who are honest but cannot handle their debts, making it somewhat difficult to know when to file for bankruptcy. You may be facing debts that could be paid if...

To file a petition for bankruptcy, you must meet a number of documentation requirements. You will need to gather these items before you file for bankruptcy. You may be required to provide further...

If you are the creditor of an individual filing for bankruptcy, you will need to file a proof of claim with the court if you desire to be paid. How you file a proof of claim can vary, depending on...

If you declare bankruptcy under Chapter 13, you will usually be expected to make payments over the course of 3 to 5 years in order to discharge all of your debts. However, you may be unable to...

U.S. bankruptcy law allows any debtor filing for bankruptcy to keep those assets considered necessary for a fresh start after the bankruptcy is complete. These assets are essentially exempt from...

Although you may believe that you noted all creditors when completing your original bankruptcy filing, another may appear after your debts have been discharged, demanding payment. You will need to...

If you file for bankruptcy under Chapter 13, it should automatically disappear from your credit report after 7 years. If it still appears, however, there are several actions you can take to remove...

Recent changes to U.S. bankruptcy laws include the addition of a requirement that each debtor must complete a means test before filing for bankruptcy. The means test determines whether a person...

A number of companies and individuals take advantage of people who are in debt and currently deciding whether or not to file for bankruptcy. Falling for such a scam may make it harder to convince...

Filing for bankruptcy can make your life very difficult, since the black mark will stay on your credit report for about 7 years and will be seen by future creditors, landlords and even employers....

Bankruptcy is intended to help debtors who are honest but cannot handle their debts, making it somewhat difficult to know when to file for bankruptcy. You may be facing debts that could be paid if...

To file a petition for bankruptcy, there are a number of documentation requirements that you must meet. You will need to gather these items before you file for bankruptcy. You may be required to...

If you are the creditor of an individual filing for bankruptcy, you will need to file a proof of claim with the court if you desire to be paid. How you file a proof of claim can vary, depending on...

If you declare bankruptcy under Chapter 13, you will usually be expected to make payments over the course of 3 to 5 years in order to discharge all of your debts. However, you may be unable to...

U.S. bankruptcy law allows any debtor filing for bankruptcy to keep those assets considered necessary for a fresh start after the bankruptcy is complete. These assets are essentially exempt from...

Although you may believe that you noted all creditors when completing your original bankruptcy filing, one may appear after your debts have been discharged, demanding payment. You will need to ask...

A bankruptcy petition is a legal document outlining the terms of bankruptcy. Whether due to a change in income, or other factors, sometimes it is necessary to amend the bankruptcy petition. When...

Sometimes, after filing a bankruptcy petition, debtors desire to withdraw it. While withdrawing a bankruptcy petition is fairly easy, keep in mind that any debts that were being paid by the...

Bankruptcy allows an individual or a business to be relieved of the negative financial strains through a binding legal decision. When finances start a downward spiral, you need to decide on a plan...

In Canada, student loans are managed through provincially funded programs with strict rules about qualification and repayment regulations. Canadian law does not allow student loans to be included...

When the bill collectors start calling and you aren’t making enough money to pay your debts, you may feel the temptation to consider filing bankruptcy. This was much easier and safer to do...

If your bills are piling up you may be enticed to call one of those ads on TV which promise to lower your bills. There is a price and here is what it is.

Claiming bankruptcy is something you shouldn't do unless you absolutely need to. Bankruptcy will stay on your credit report from 8 to 10 years and you will find it rather difficult to buy anything...

Are you up to your ears in debt and considering declaring bankruptcy? Before filing bankruptcy or consulting with a bankruptcy attorney, learn more about your state's bankruptcy laws, know what...

When you include a timeshare in a bankruptcy filing, you can eliminate your monthly maintenance fees and loan payments. Timeshare units usually sell for a tiny fraction of the amount you paid....

Bankruptcy is a method of avoiding payment of one’s debts. However, there are several instances in which you would want to reaffirm a debt in order to retain your home (financed with a...

How to file a claim for your Sharper Image gift card, and how to get your money back.

Creditors of a person or business filing bankruptcy can file a redacted Proof of Claim form in order to attempt to collect a debt owed to you. The filing of a bankruptcy petition legally prevents...

Too much debt can overwhelm a person and make their life miserable. Fortunately, bankruptcy laws exist to provide a fresh start for the person overburdened with debt. There are different...

Today's economy has made an impact on the financial situations of many people. You may have bills piling up, possible foreclosure on your home or even medical bills because of no health care plan....

Bankruptcy is not a good way to survive if there's any other possible solution to your financial situations. No matter what type of Chapters that you are going to take it's still not a good way to...

Chapter 13 bankruptcy, often called the wage earner's plan, or reorganization bankruptcy, is different from Chapter 7 bankruptcy. By comparison, the process is more complex in a Chapter 13...

Bankruptcy can help you to get rid of your debts or some of it and also pay your creditors as much money you owed from them but after your bankruptcy the effects are not good in your favor....

Although for some people, it is a last resort to the growing consumer debt problems they face, it provides no other way for people to become free of debt in certain circumstances, such as with...

The initial bankruptcy lawyer visit is an essential meeting. Not only does it set the tone for each meeting to come, it also prepares and informs you about the bankruptcy process. To save yourself...

You filed for Bankruptcy, and your vehicle is protected under the automatic stay, right? Some creditors think they are above the law and don't need to respect the automatic stay. Here's how to...