Why You Should Close Your Bank Account Before You File Bankruptcy Should I close my bank account before I file bankruptcy? That is one of the top ten questions I get asked during an initial consultation. I always ask my clients as they prepare to file bankruptcy is if they owe any money to the…Read more
Zombie Debt – Dirty Tricks By Debt Collectors
What Is Zombie Debt By Tara Gaschler Salinas This week I received a panicked email from one of our clients. Her bankruptcy was discharged over 18 months ago. Since then, she has been working hard to rebuild her credit and manage her budget successfully. Her recovery from bankruptcy was well on track, so I was…Read more
The Bankruptcy Advice You Don’t Want To Hear May Be The Bankruptcy Advice You Need
Not all of my consultations go well. In fact, I had one this week that ended with a potential client quickly scooping up the documents she had brought in off my desk and rushing for the door. She couldn’t seem to get out of there fast enough. She didn’t like what I had to say.…Read more
What Happens If Someone Objects To My Chapter 13 Bankruptcy Plan?
When you file Chapter 13 bankruptcy, you have to propose a plan that shows the court, trustee, and your creditors who will get paid during the course of your plan. The court will mail out the plan, along with the notice of your bankruptcy, to all of the creditors that you list on your petition.…Read more
How To Avoid Bankruptcy: Get Rid Of Your Toys
I recently met with a couple who came in because they were finding it harder and harder to make ends meet, even though, together, they make almost $100,000 a year. They have three children. They began their story by explaining that a recent hail storm had caused them to rack up a significant amount of…Read more
Do I Have To Tell My Ex-Spouse That I Filed Bankruptcy?
One of the most common questions I get from people who are divorced when they file bankruptcy is whether or not they have to tell their ex-spouse. They are reluctant to notify their spouse of their having to file bankruptcy, usually out of embarrassment. As is the case to so many legal questions, the answer…Read more
Some Private Student Lenders To Offer Loan Modifications
(Photo from Flickr user thisisbossi used under Creative Commons license) If you have been researching your repayment options for student loans, you probably know that only federal loans offer modification options, such as income based repayment. Historically, most private lenders have not offered any sort of modification and have a reputation for not working with…Read more
Do I Have To Tell The Bankruptcy Court About Debts I Owe To Family Members Or Friends?
It’s not unusual for a client or potential client to ask me if they have to list all of the people they owe money to. The question will come up either in the initial consultation or at the time we’re reviewing their petition and going over the schedules that list their creditors. Oftentimes, they want…Read more
How Do I Know If I Qualify For Chapter 7 Bankruptcy?
I love the Internet. It is a seemingly bottomless source of information and Google is the first place I stop if I am researching something. That said, I am also one of the most skeptical people my wife has ever met. So I always bounce anything I find on the Internet off of several sources…Read more
How Bankruptcy Can Improve Your Credit Score
Yesterday I got an email from a former client. She was concerned. She had received her discharge several months ago and decided to check her credit score. It was 674. She didn’t expect it to be that high so soon after filing. She was writing to ask if that was even possible. I wasn’t surprised.…Read more
- « Previous Page
- 1
- …
- 9
- 10
- 11
- 12
- 13
- …
- 71
- Next Page »
