More Good Examples of How Bankruptcy Really Helps Even When You Can’t Write Off Every Debt
Three more practical ways that bankruptcy works to let you take control of your debts, even those that can’t be written off.
Bankruptcy Can Solve Your Debt Problems Even If You Can’t Write Off Every Debt
Don’t disregard bankruptcy as an option just because it does not write off the debt which is your immediate headache. There’s likely some good medicine for that headache after all.
Stopping the Foreclosure of Your Home Temporarily and Permanently through Bankruptcy
Both Chapter 7 and Chapter 13 can help you save your home. Which one is better for YOU? You have almost for sure heard that the filing of a bankruptcy stops a foreclosure. You may have also heard that Chapter 13—the repayment version of bankruptcy—can be a good tool for saving your home in the […]
The Amazingly Powerful “Automatic Stay”
Don’t take for granted the extraordinariness of bankruptcy’s automatic stay. That’s the federal law that stops creditors from pursuing you, your money, and your other possessions the moment your bankruptcy case is filed. In my last two blogs, I told you about the relatively rare situations in which the automatic stay does not apply—situations in […]
What Can I Do If I’m Behind on My Vehicle Loan?
Bankruptcy saves your vehicle from immediate repossession. Whether you choose to file under Chapter 7 or 13 depends in part on how strong of a medicine you need for dealing with the back payments.
Don’t Get Disqualified from the All-Important “Automatic Stay”
In VERY RARE circumstances, ALL of your creditors can pursue you even if you file bankruptcy. Here’s how to avoid those rare but dangerous circumstances. In my last blog I listed three special classes of debts for which you can still be pursued in spite of filing bankruptcy. They are exceptions to the automatic stay, […]
Creditor Collections NOT Stopped by a Bankruptcy Filing
You can’t count that filing a bankruptcy will instantaneously stop every act against you by every one of your creditors. Or can you? Isn’t one of the most important benefits of filing bankruptcy the fact that it puts a screeching halt to all collection efforts of your creditors against you and your property? Yes, and […]
Ten Ways to Save Your Home through Chapter 13
In my experience the number one reason people choose to file Chapter 13 instead of Chapter 7 is to save their home. And it’s not just because it gives you a bigger hammer against your mortgage company. It gives you a hammer, but also a whole bunch of other tools. Some are more subtle but […]
Can Child or Spousal Support Ever Be Written Off in Bankruptcy?
You’ve heard that no debt in bankruptcy is more untouchable than child support and spousal support. Is that true? Can Chapter 7 or 13 ever help?
Buying Just Enough Time for Your Home with a Chapter 7 Straight Bankruptcy
What if you don’t want to keep your house, but just need a little more time to find another place to live? Or if you just need to finish a pending sale before a foreclosure happens? Or maybe you don’t want or need the extra benefits of Chapter 13. Or you just want to put […]