Tag Archives: bankruptcy court
- Chapter 13 Bankruptcy Rules, Questions, and Background
Chapter 13 Bankruptcy Background A chapter 13 bankruptcy is usually called a wage earner’s plan. It permits people with routine salary to develop a strategy to repay all or part of their debts. Under this chapter, borrowers propose a repayment plan to make installments to lenders over three to five years. If the debtor’s current [...]
- All About Bankruptcy – Chapter 7 Bankruptcy – Chapter 13 Bankruptcy
Article I, Section 8, of the United States Constitution authorizes Congress to enact “uniform Laws on the subject of Bankruptcies.” Under this grant of authority, Congress enacted the “Bankruptcy Code” in 1978. The Bankruptcy Code, which is codified as title 11 of the United States Code, has been amended several times since its enactment. It [...]
- Danny Wants to Know What the Bankruptcy Judge Will Ask Him When He Goes to Court
“Dear Steve, I’m nervous about going to court for my bankruptcy hearing. What are questions that the bankruptcy judge will ask me when I go to bankruptcy court? Danny” The Answer: Dear Danny, I asked a bankruptcy lawyer friend your question and here is what she said. It usually surprizes people to find out [...]
- Current Debt Articles Worth Reading
Here are some current articles worth reading. Yes, You Can Live With Less Plastic Excerpt: If cash is now king, could Americans who give up credit cards live like royalty? Being forced to live entirely within your means may make you feel rich in a way, but trying to get along in the modern world [...]
- How to Find a Good Bankruptcy Lawyer or Bankruptcy Attorney
So the time has come that you feel as if you need to explore bankruptcy. At least you want to talk to a bankruptcy lawyer about what bankruptcy would mean for you. People often can’t see that finding a bankruptcy attorney does not mean you are going to file bankruptcy, it means you are going [...]
- Debt Relief Orders Let Consumers Go Bankrupt Through Credit Counselors
An interesting new development in the UK is the formalization of a new tool, the Debt Relief Order, to let consumers eliminate their debts under the power of bankruptcy but without all the hassle or cost. For debtors that have less than £15,000 of unsecured debt and no assets, they can go to a credit [...]
- Rachel is in Medical Debt, Was Sued And Lost. What’s Next?
“Dear Steve, I’m in debt from medical bills at about $17,000. I was taken to court over a $560 bill and am making payments on that, now I have another bill for about the same amount that i have court with next month. My finances are totally screwed up and i need to get a [...]
- Ed is Disabled and Falling in Debt Fast. What Can He Do?
“Dear Steve, I am disabled and falling in debt faster than i can handle. I am barely staying alive with trying to feed my family. I am behind on my mortgage and regular bills (utilities). I stopped paying on my credit cards just to try and keep my utilities from being disconnected. credit card companys [...]
- Value City. Gone.
Our business strategy is quite simple. We fill our stores with a wide assortment of designer, department, discount and specialty store deals at prices substantially lower than competing department and discount stores. We use our buying expertise to drive down prices and then pass the savings on to you, the customer. You never know what [...]
- Slowdown nails contractors: Dozens of Idaho small business owners
Slowdown nails contractors: Dozens of Idaho small business owners … Idaho Business Review, United States - 2 hours ago Most of the rest of their liabilities consist of medical bills, a car loan and credit card debt . · Boise home builder and contractor Russ Iverson filed for …