Chapter 13 bankruptcy has its benefits One of the benefits of filing for Chapter 13 bankruptcy is the ability to modify or “cram down” certain secured debts. For example, a consumer who owes far more than their car is worth has the option of cramming down the car loan to meet the actual value of [...]
T-Boz’s Bankruptcy Case Dismissed
In a high-profile example of the bankruptcy court’s discretion over your bankruptcy case, former TLC member T-Boz, whose real name is Tionne Watkins, was thrown out of bankruptcy court. Can this happen to you? T-Boz had filed a personal Chapter 13 bankruptcy, claiming more than $750,000 in debts to various creditors. But instead of granting [...]
SEC Kicks Stock Trader Out of Chapter 13 Bankruptcy
Too Much Debt Forces Trader Out of Chapter 13 It’s never a good thing when you owe money to the federal government. While that doesn’t come as a big surprise to most of us, the story of a Michigan stock broker reminds us yet again that Uncle Sam can and will play hard ball. Debtor [...]
Can Filing Bankruptcy Save My Home?
Yes, Bankruptcy Might be Able to Save Your Home Yes, under certain circumstances, filing for bankruptcy can save your home from foreclosure, but read on, there are certain conditions that must be met before you qualify for relief. We’ll do our best to give you a guide to the process here in this post. Whether you [...]
Filing for bankruptcy can do more than just postpone foreclosure
When someone mentions bankruptcy or foreclosure, it might make you cringe. But many residents of Dayton, Ohio, know of the financial issues that can lead someone toward those outcomes. Sometimes the two come together, but that isn’t always the case. According to experts, filing for Chapter 13 bankruptcy can allow individuals to keep their home [...]
How to Conduct and Analyze an Initial Client Interview
Asking The Right Questions Is Important For Bankruptcy Lawyers Meeting your potential bankruptcy client for the first time will set the tone for your entire representation. By having a well-reasoned and thorough interview form, you should be able to gain a great map for what questions you may have for this client, what chapter they [...]
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