The first question that I want to answer is that filing for bankruptcy will not stop you from being able to get federal student loans in the future. If somehow(although unlikely) your federal student loans got discharged in a previous bankruptcy then you might have to reaffirm those loans in…
Transferring non-exempt property to exempt property is one way to protect value in your estate prior to filing for bankruptcy. There are rules in regarding whether you did so with the intent to hinder, delay or commit fraud on creditors, but these can be overcome. There must be some evidence…
Medical Debt can be disguised as credit card debt so its hard to get a true hold on whether clients are facing insurmountable credit card debt or medical debt when they file for bankruptcy. Even in my personal situation I can vogue for this fact. I have three children and…
Don’t let a false negative stigma of bankruptcy keep you from reaching financial stability and a fresh start. I believe that the negative stigma of bankruptcy is starting to change. Maybe it’s the 1.4 million people that have found relief in 2009 through filing bankruptcy. Maybe it’s the fact that…
Consumers these days cannot help but be tempted by companies that are constantly advertising that they can save you 50% on the dollar for the debts that you have. Debt settlement companies have multiplied like ants over the past few years and although some can get good results for their…
Debt Settlement vs. Bankruptcy There are a lot of factors to consider when trying to determine whether settling your debts would be more advantageous than filing bankruptcy. As a Bankruptcy Attorney my first inclination is to say that bankruptcy is usually the better route although it does depend. There are…
DEBTS ARISING OUT OF DRUNK DRIVING CASES ARE NOT DISCHARGEABLE UNDER THE BANKRUPTCY CODE If you have been sued for operating a motor vehicle while under the influence of drugs or alcohol, or another substance as a result of injuring another person, then your debts for this obligation will survive…
1.4 Million People have found their fresh start in 2009 by filing for Bankruptcy. Would you like to experience this peace of mind? It’s true. Over the last year 1.4 million Americans have sought shelter in the bankruptcy code to renew their fresh start and experience life free from debt…