Filing Bankruptcy Without Your Spouse

If you are married, you may find yourself filing bankruptcy without your spouse. There can be various reasons for this, and it is possible. There can be various reasons for this, such as the debt was made only by one person, the couple is concerned about obtaining new credit in the immediate future, or [...]

2021-03-03T22:21:41+00:00February 2nd, 2014|Blog|

Getting Help With Delinquent Taxes

Not one of the lucky people waiting on a tax refund? One of the most stressful types of debt for people to have is tax debt. While it is true that the IRS has powerful collection tools, coming up with a reasonable plan to address delinquent taxes is possible. Many times, people who get behind [...]

2021-01-13T18:26:21+00:00February 2nd, 2014|Taxes|

How Filing Bankruptcy Can Impact a Credit Score

Most people who file bankruptcy worry about how bankruptcy will impact their credit scores. Obviously, filing bankruptcy does negatively impact a credit score. If you are struggling to pay your minimum payments and have not defaulted on any of your debt, you may have a very good credit score even though bankruptcy is the [...]

2021-03-03T22:39:11+00:00February 2nd, 2014|Credit|

United States Trustee Definition

United States Trustee - The United States Trustees are under the Department of Justice and are responsible for fulfilling certain duties in bankruptcy cases. In Chapter 7 cases, the US Trustee's office will review the case to verify that the Debtor is entitled to be in a Chapter 7 bankruptcy, rather than in Chapter 13 [...]

2021-01-13T19:10:48+00:00February 1st, 2014|Glossary|

Trustee Definition

Trustee - the bankruptcy process involves different types of “trustees.”  The role of the trustees varies depending on what chapter bankruptcy is filed. United States Trustee - the United States Trustee is on every case. His job is to oversee the cases. In Chapter 7 bankruptcy, they are responsible for challenging a case where [...]

2021-01-13T19:16:51+00:00February 1st, 2014|Glossary|

Transfer Definition

Transfer - this can be the transfer of property or the creation of a lien. Special rules apply to transfers. You should not transfer property before filing bankruptcy without checking with your bankruptcy attorney. Example: Deeding real estate or taking a mortgage out on real estate.    

2021-01-13T19:18:40+00:00February 1st, 2014|Glossary|
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