How to Combat a Creditor When Filing for Bankruptcy?

Answer Title 11 of the U.S. Code allows individual debtors to file for bankruptcy at any time. Debtors who do not have much to lose can file for chapter 7 bankruptcy. In a chapter 7 case the bankruptcy co... Read More »

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Can Filing Bankruptcy Prevent a Creditor From Filing a Mechanic's Lien?

A significant benefit of a bankruptcy filing is the automatic stay. The automatic stay is a court injunction that automatically prevents the filing of any liens and lawsuits once the bankruptcy cas... Read More »

Can a Pension Be Taken When Filing Bankruptcy?

Bankruptcy can ruin your financial life. You may find it difficult to obtain credit, and you may also lose many of your assets either directly or indirectly as a result of filing for bankruptcy. Cr... Read More »

Do you need to pay back when filing chapter 7 bankruptcy?

Most debts are discharged, or forgiven, during a chapter 7 bankruptcy, according to the U.S. Court System. Certain debts, however, are not discharged, such as tax debts, alimony, those related to f... Read More »

When do i stop using credit cards if filing bankruptcy?

On One Hand: Stop at Least 40 Days Prior to FilingUnder U.S. bankruptcy laws, any questionable purchases or charges that you have made within 40 days of filing your petition for bankruptcy (or cash... Read More »