So, you’re getting ready to file for bankruptcy in North Carolina and find yourself looking online for answers. Time to panic? Absolutely not. It’s time to learn the law and explore your options. We’ll start at the beginning, with the biggest misconception that North Carolinians, and consumers in general, have about filing for Chapter 7 [...]
Joliet Bankruptcy Attorney David Siegel Answers 3 Common Questions About Filing
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As a Joliet bankruptcy attorney, I am asked several questions with some regularity. For example, if I file for bankruptcy, will my spouse’s credit be affected? The short answer is no. Filing bankruptcy is a voluntary issue and only the person who files for bankruptcy will have their credit affected. The only thing that [...]
Get It Back! Fixing a Fraudulent Transfer Before Bankruptcy in the 9th Circuit
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Jon Brooks is a Bay Area bankruptcy lawyer. As I recently wrote on the Bay Area Bankruptcy Lawyer Blog, perfectly honest consumer debtors sometimes make the mistake of transferring an asset to a friend or family member before filing bankruptcy. This can happen innocently enough, as for example, where a debtor gives an old car [...]
Roselle Bankruptcy Attorney Describes The Power Of The Automatic Stay
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As a Roselle bankruptcy attorney, I am often asked about the automatic stay. The automatic stay in a bankruptcy case is what gives the bankruptcy law an opportunity for the debtor to be protected from all creditors pursuing them by suing the debtor for debts that the person has occurred and owed to the creditor. [...]
Bankruptcy and Foreclosure: What You Need to Know
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OK, here’s the deal with bankruptcy and foreclosure. Despite what you may have heard, filing for bankruptcy does not necessarily permanently stop a lender from foreclosing on your home. Filing for bankruptcy will always temporarily stop the bank foreclosing on your home. This is true regardless of which chapter you file under. In some cases, [...]
Filing Bankruptcy in Ohio: What You Need to Know
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Chapter 7 bankruptcy: The Basics Whether you’re filing bankruptcy in Ohio or another part of the country, the basics of chapter 7 bankruptcy are very similar. In exchange for the forgiveness of the vast majority of your debts, including the discharge of all of your unsecured debts, you agree to put your assets temporarily under [...]
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