Bankruptcy can help an individual get caught up on missed child support payments (often called "arrears"). Child support is priority debt and non-dischargeable, meaning the debt cannot be wiped out...
It has become a well-known fact that student loan debt is crippling the financial futures of a young generation of Americans. Especially for those graduates who found themselves newly in the market...
Filing for Bankruptcy Gets the Creditors Off Your Back
Any debtor who files a petition in good faith in U.S. Bankruptcy Court is automatically and immediately protected from creditors. No more phone...
How Bankruptcy Affects Co-Debtors
It is important for every individual who is filing bankruptcy to consider those who may be co-debtors on any of their debts. All of a debtor's assets and all of...
Can You Discharge Debt Through Bankruptcy?
Is bankruptcy the answer to your financial troubles? It depends on many factors, including the amount you owe, the nature of your debt and which chapter...
The Census Bureau has published updated median family income. Individuals who earn more than the median income are required to take a "Means Test" to determine if they qualify for Chapter 7. The...
Educational savings accounts are a great way to save money for college but if you are considering filing for bankruptcy, you should speak to an experienced bankruptcy attorney about the timing of...
Stipulations Regarding Tax Refunds
If you are in a Chapter 7 or Chapter 13 bankruptcy, there may be stipulations regarding your tax refund if you are receiving one. As tax time nears, it is good to...
Clients are often concerned with their ability to protect an inheritance that they are the recipient of. Sometimes clients are aware of a possible inheritance, a sick aunt or uncle who is about to...
Creative debtors have been trying to beat the system for as long as there has been a system to beat. And when those debtors are young, educated, and over indebted, the schemes can get pretty clever....
