Chapter 7
Bankruptcy Brochure
This brochure details what to expect during a chapter 7 or chapter 13 bankruptcy case.
Can I Keep One Of My Credit Cards When I File For Bankruptcy?
It is not wise to try to keep a credit card when you file for bankruptcy , and always, always tell your attorney about all of your debt, including all of your credit cards...
How Chapter 7 Bankruptcy Works
Be forewarned, the following journey through chapter 7 bankruptcy law is a bit technical, so if you are considering filing for chapter 7 bankruptcy, consult a bankruptcy attorney...
Jointly Owned Property May Be Subject To Forced Sale In Bankruptcy
It is not unusual for debtors, specifically married debtors who file for bankruptcy protection separately, to co-own property. If you co-own property and intend to file for bankruptcy, you need to...
Liquidation Under the Bankruptcy Code
Chapter 7 is the chapter of the Bankruptcy Code providing for "liquidation," ( i.e., the sale of a debtor's nonexempt property and the distribution of the proceeds to creditors.)...
Qualifying For Chapter 7 Bankruptcy: The Means Test Made Simple (Sort of)
Much has been written about the now infamous means test; Congress’ answer to the credit card lobby’s complaints that too many Americans who could afford to pay back some of their debts were...
Student Loans & Bankruptcy
Student loans are difficult, but not impossible, to discharge in bankruptcy. To do so, you must show that payment of the debt “will impose an undue hardship on you and your...
What Is A Fraudulent Conveyance
Once a bankruptcy case is filed, a trustee is selected to administer the debtor’s estate. One of the options available to a bankruptcy trustee is the authority to set aside or “avoid”...