Student Loans in Bankruptcy There are several payments that are not dischargeable in bankruptcy such as child support and alimony. Student loans are also among payments that are not typically discharged in a bankruptcy case. That does not mean it is impossible, merely difficult. In order to have your loan discharged you must prove that…
Continue reading ›Rebuilding Credit Post-Bankruptcy Bankruptcy offers a huge relief for those dealing with massive amounts of debt. While bankruptcy has allowed you to wipe the slate clean, a lower credit is the price that is paid. If your credit was not in good shape before your filing for bankruptcy then it is imperative to rebuild it…
Continue reading ›A bankruptcy trustee is assigned to every chapter 7 and chapter 13 bankruptcy case after it is filed. The United States Trustee at the Justice Department is tasked with appointing and supervising bankruptcy trustees. By and large, trustees are lawyers or professionals with extensive experience in bankruptcy. The duties of a bankruptcy trustee vary depending…
Continue reading ›Dealing with Debt Collectors Under the Federal Fair Debt Collection Practices Act (FDCPA), it is illegal for creditors to utilize threatening, offensive, and intimidating behavior against a debtor. If you have been feeling unsettled by the tactics taken by a debt collector, you have a right to make a formal complaint. For the most part,…
Continue reading ›Can I Sell My Home While in Chapter 13 Bankruptcy? There are many questions that those in Chapter 13 have and one of those is, “Can I sell my home while in bankruptcy?” The answer is yes. When in Chapter 13, individuals are able to pay back part of their debt and that means you…
Continue reading ›How to Recover Your Finances after Filing for Bankruptcy When you file for bankruptcy, it will be listed on your credit score for up to ten years. Your credit score will remain low until you start to rebuild your credit. Rebuilding your credit score after filing takes time and diligence. Taking out credit is the…
Continue reading ›Navigating Your Taxes after Filing for Bankruptcy Tax season is upon us and those who have filed for bankruptcy may be wondering if they have to file for taxes. The answer is simply, yes. Filing taxes after filing for bankruptcy does not have to be a big ordeal. Keep in mind that there are aspects…
Continue reading ›Sometimes a debtor should allow the chapter 7 trustee to sell his or her house. The chapter 7 trustee can keep the mortgage company from immediately foreclosing. By stalling foreclosure the trustee is able to maximize the value of the house on the open market. When the house is sold the debtor walks away with…
Continue reading ›California Creditor Harassment Lawyer Under state and federal laws, creditors are restricted in their collections activities. The federal Fair Debt Collection Practices Act (FDCPA) makes it illegal for creditors to engage in threatening, offensive or intimidating behavior against any individual debtor from whom they are trying to collect on a bill owed. Stop Creditor Harassment.…
Continue reading ›One of the main reasons people don’t seek the protection of bankruptcy is because there are so many misconceptions out there. Some people think it simply bad to file bankruptcy. Others think Chapter 7 is better than Chapter 13, or vice versa. The truth is that bankruptcy is a tool that the Constitution has provided…
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