What Debts are Discharged in Bankruptcy?
What debts are discharged in bankruptcy? Examples of dischargeable debts in bankruptcy, whether you file for Chapter 13 Bankruptcy or Chapter 7 Bankruptcy, are credit cards, medical bills, unsecured personal loans, and deficiency from car repossession or foreclosure. Examples of non dischargeable debts are child support, alimony, recent taxes, debts incurred through fraud, fines, restitution, […]
What can I do to Stop Wage Garnishment?
What can I do to stop wage garnishment? Filing for Bankruptcy, whether it is Chapter 7 Bankruptcy of Chapter 13 Bankruptcy, will stop most wage garnishment because Automatic Stay takes into effect upon filing which stops creditors from collection activities. However, automatic stay will not stop wage garnishment for child support or alimony. Domestic support obligation are priority […]
What Can I do to Save My Home from Foreclosure?
What can I do to save my home from foreclosure? One effective way to save your home from foreclosure is to file a Chapter 13 Bankruptcy before the foreclosue date or Trustee Sale date. However, you must be able to afford the Chapter 13 Bankruptcy plan payment for a 3 to 5 year period. The […]
How is My Income Relevant in Bankruptcy?
How is my income relevant in bankruptcy? In a Chapter 7 Bankruptcy, income and expenses are key in determining if you qualify for Chapter 7 Bankruptcy. The Means Test is utilized to determine if your income and expenses fall below a certain threshold to qualify for Chapter 7 Bankruptcy. Keep in mind, expenses must be […]
What do I Need to Bring to Sacramento Bankruptcy Attorney Appointment?
What do I need to bring to Sacramento Bankruptcy Attorney appointment? For an in depth Bankruptcy consultation and for Sacramento Bankruptcy Attorney to determine if your Bankruptcy case is a Chapter 13 Bankruptcy or Chapter 7 Bankruptcy case, you should bring 7 months of pay stubs, most recently filed tax return, lawsuits, and general knowledge […]
Ask Stockton Bankruptcy Attorney: How Long does a Stockton Bankruptcy Case Take to Complete?
Ask Stockton Bankruptcy Attorney: How Long does it Take for a Stockton Bankruptcy Case to Complete? If you resides in Stockton, California and file a Chapter 7 Bankruptcy petition in Bankruptcy Court, it usually takes 3 to 4 months to complete from filing to discharge or final decree assuming nothing went wrong in court: for […]
Ask Modesto Bankruptcy Attorney: How Long does a Modesto Bankruptcy Case Take to Complete?
Ask Modesto Bankruptcy Attorney: How Long does it Take for a Modesto Bankruptcy Case to Complete? If you file a Chapter 7 Bankruptcy petition in Modesto Bankruptcy Court, it usually takes 3 to 4 months to complete from filing to discharge or final decree assuming nothing went wrong in court: for example, creditors challenging the […]
Ask Sacramento Bankruptcy Attorney: How Long does a Sacramento Bankruptcy Case Take to Complete?
Ask Sacramento Bankruptcy Attorney: How Long does it Take for a Sacramento Bankruptcy Case to Complete? If you file a Chapter 7 Bankruptcy petition in Sacramento Bankruptcy Court, it usually takes 3 to 4 months to complete from filing to discharge or final decree assuming nothing went wrong in court: for example, creditors challenging the […]
If I Forgot to List a Creditor in My Bankruptcy Schedules, Will that Debt be Discharged?
If I forgot to list my creditor in my bankruptcy schedules, will my debt be discharged? In a Chapter 13 Bankruptcy, the creditor must be listed in bankruptcy schedules to be discharged. Sacramento bankruptcy lawyer In a Chapter 7 Bankruptcy case, it depends if the case is an asset or no asset case. If it […]
Can I Keep My House If I File Bankruptcy?
Can I keep my house if I file Bankruptcy? If you file Chapter 7 Bankruptcy, your Chapter 7 Bankruptcy Trustee will not liquidate your house if there is no net value after the claimed exemption pursuant to the California exemption statutes, amount encumbered by your secured lender, recorded property taxes owed, recorded unavoidable judgment liens, […]