Bankruptcy

When somebody declares bankruptcy, they have to put all their assets with the court. Learn about objection to bankruptcy dispersement with help from a licensed attorney who specializes in financial…

Just because you've claimed bankruptcy doesn't mean you can't buy a home. Buy a home after claiming bankruptcy with help from a business consultant and motivational speaker in this free video clip.

Bankruptcy often involves surrendering a significant asset such as a home in exchange for the corresponding debt being forgiven. IRS Form 1099-A details the surrender of a home in exchange for the…

For almost 50 years, the name Memorex has been associated with computer accessories, IBM peripherals and most recently, personal electronics. Throughout its history, the Memorex name has reinvented…

The U.S. court system exclusively handles bankruptcy cases in the United States under the authority of Title 11 of the United States Code, regardless of whether you file in Kentucky. If you have…

Debtors frequently agree to pay a debt that they could eliminate through bankruptcy, or reaffirm it. In general, if a debtor in bankruptcy does not reaffirm a debt owed to a bank, the bank has few…

If you are going through Chapter 7 or Chapter 13 bankruptcy, creditors might try to use reaffirmation agreements to commit you to pay debts that would normally be discharged through bankruptcy. With…

Just because you've filed for bankruptcy doesn't mean you can't still buy a home. Buy a home if you've filed for bankruptcy with help from a real estate and mortgage professional in this free video…

A bankruptcy discharge involves relinquishing financial responsibility for certain dischargeable debts. Whether you, as a contractor, may discharge the obligations associated with a surety bond will…

The air conditioner compressor is the section of the A/C unit that compresses the refrigerant, concentrating its energy and heat that it draws from the air. This cools the air and allows the…

Filing for bankruptcy can relieve you of the obligation to pay many of your debts and can protect you from most creditors who look to collect on debts from you. The bankruptcy process incorporates an…

If you have filed for bankruptcy, your aim was to have your debts discharged. If you receive a dismissal rather than a discharge, you understandably want to file your case again. Generally, the…

At a time when jobless claims seem higher than normal, some people find it very difficult to afford their debts. When the economy is booming, people often make purchases that they feel they can…

A discharge from bankruptcy means your bankruptcy case is finalized by the bankruptcy court. When a judge is ordering it, you no longer have the responsibility in paying the debts you owe. After the…

Attorneys need several years of schooling to practice law. Lawyers must graduate from an undergraduate program, earn a law degree and possibly pursue a specialty degree in a specific area of the law.…

The court issues a writ of possession in the last step of an eviction case. The writ permits a law enforcement officer to enter the home of the evicted tenant to remove the tenant from the house. The…

Bankruptcy gives an automatic stay against collections, so no creditor is able to pursue collection efforts while the bankruptcy case is ongoing. However, creditors may still come after the debtor…

Declaring bankruptcy can be a stressful time when important steps or procedures may be overlooked. While some of your goods may be repossessed depending on what type of bankruptcy you are filing, a…

You've lost your job or run into other unfortunate circumstances that have caused you to fall behind on payments and made you consider declaring bankruptcy. One element to keep in mind when you file…

Attorney's fees can cause a great deal of post-divorce financial stress, especially if the court has ordered an ex-spouse to pay the legal fees of the other party. If the divorce required lengthy…

Most foreclosure actions in Texas are done without a court procedure, utilizing a power of sale clause in the trust deed-mortgage document. The lender and trustee must follow certain legal notice…

A snowblower is a crucial machine during the winter months and must be properly stored in the off-season to ensure it continues to run well from year to year. Improper storage procedures will lead to…

If you're struggling with debt, you may consider filing for bankruptcy. If you file for Chapter 13 bankruptcy in order to keep your assets, as part of your filing you must submit a detailed plan to…

You might consider using bankruptcy to stop a civil action against you, especially if it involves thousands of dollars, but the law cannot always help. Whether you can discharge a court judgment…

Filing for bankruptcy means you may lose all of your assets, including your car. However, not all bankruptcy filing results in the loss of your assets. Chapter 7 and Chapter 13 bankruptcy are two…

You don't have to be severely deliquent on your bills to file for bankruptcy. In fact, all that's necessary for Chapter 7 bankruptcy eligibility is passing the means test. Even individuals with…

There are beneficial and negative aspects of bankruptcy. Understanding the consequences of filing for bankruptcy is important if you are looking for debt relief options. Bankruptcy can temporarily…

A reaffirmation agreement is a contract stating that you will continue making payments towards a debt. Reaffirming a debt will prevent it from being discharged during a Chapter 7 bankruptcy. The…

When you owe money to multiple creditors, filing for bankruptcy can provide you with some court-assisted relief from the debt. During the initial stages of the bankruptcy filing, your creditors may…

Volunteers make up for 73 percent of firefighters in the United States, according to the National Volunteer Fire Council. Volunteer fire departments are nonprofit corporations. They utilize funds from…

If you're considering bankruptcy, it's important to choose the right chapter for your situation. In a Chapter 7 case, your nonexempt assets are liquidated and your liability for your debts is…

If you are in the process of moving to a new state and you wish to file bankruptcy, you may wonder if the relocation will affect your bankruptcy case. In most situations, moving from one state to…

Limited liability company operators can receive a discharge of some debt when declaring personal bankruptcy if they are also the company's owner. If the LLC declares bankruptcy, the trustee will…

Creditors have the right to sue debtors who fail to repay what they owe. If a creditor sues and wins, it can then pursue garnishment of your wages or attempt to seize your bank account. Filing…

The term bankruptcy carries several severe and often inaccurate connotations. To many people, bankruptcy means the end of a corporation's existence. In some cases -- and in some countries -- that…

Owners of homesteaded properties in Florida generally pay significantly less property tax than owners of non-homesteaded properties. In order to revitalize the real estate market, the legislature…

Moths, winged, furry insects that typically appear gray in color and flutter about like dusty butterflies, are found in virtually every region of the United States, particularly during the spring and…

The bankruptcy process can help you overcome financial difficulties by giving you a fresh start. The bankruptcy code, however, has numerous exclusions and you cannot discharge certain liabilities…

Depending on the type of bankruptcy you file in California, you may be able to keep all of your property or only a limited amount. The California Code of Civil Procedure governs property exemptions in…

If you file for bankruptcy, you may not be able to keep all of your assets. If you own a joint mutual fund, you may lose that as well, even though you share ownership with another person. However,…

Filing Chapter 7 or Chapter 13 bankruptcy allows you to discharge most types of debt, including bank fees, loans and overdraft bank accounts. If you included the debts in your bankruptcy petition, you…

The “Time” function in UNIX, C and C++ returns the number of seconds since midnight the first of Janurary 1970, Greenwich Mean Time. This is known as epoch time. When programmers suggested…

A charged-off account is one the original creditor has written off as a bad debt and sold to a collection agency. You still owe the debt, but to the collection agency rather than the company that…

When going through a Chapter 7 bankruptcy, you work closely with a bankruptcy trustee to finalize the case. It is up to the trustee to collect as many of your assets as possible to repay your…

As far as your credit card company is concerned, anyone you authorize to use your card can run up the bill as much as he likes as long as you continue to pay it as agreed. An authorized user's…

When a company files for bankruptcy, a court-appointed trustee oversees the bankruptcy proceeding. The trustee files preference claims against any creditors paid by the debtor in the 90 days before it…

If you fall behind on your mortgage, you may face foreclosure. If you cannot work out some type of deal with your lender, you may have to consider bankruptcy as an option to try to protect your home.…

A bankruptcy discharge means the process is complete and the debtor’s finances are no longer under the control of a federal bankruptcy court. However, that can take up to five years, and some…

Filing bankruptcy is often a difficult choice for people to make for many reasons. Legal ramifications come with filing bankruptcy, and being a beneficiary to a trust is a case where the details of…

If you have become overwhelmed with debt and see no chance of financial recovery in the near future, bankruptcy may be an appropriate option for obtaining debt relief. Bankruptcy can stop collection…