Author Archives: Gary Fraley

MILITARY VETERAN’S BONUS REPAYMENT IN BANKRUPTCY

Military Veteran’s Bonus Repayment Demands are Dischargeable in Bankruptcy   You served your country. You agreed to re-enlist based on the offer of a bonus. You gave up time with family and risked your life based on the payment of a reenlistment bonus from your government. All of you lost precious time. That time can…

The Interplay Between Divorce And Bankruptcy

Divorce and Bankruptcy It is often said that most divorces are caused by financial struggles. When a family is facing significant financial problems, the stress levels can be high and cause serious conflict. This type of conflict is difficult to recover from, especially if one of the spouses feels they are doing more to contribute…

If I Have Filed Bankruptcy Before, Can I File Again?

Why would you file bankruptcy again?   Sometimes certain life events happen more than once. For example, a lot of families have more than one child or have lived in more than one house over the course of their lives. These are examples of how life can repeat itself in good ways, but there are…

How Much Will I Have To Pay To Keep My Car In Bankruptcy?

How Much Will I Have To Pay To Keep My Car In Bankruptcy? Most people can’t go without their car for very long, if at all. Unless you have other reliable modes of transportation, or are able to take public transport, your car is how you take your kids to school and get to work.…

Can I Go To Jail For Not Paying My Debts?

Can I Go To Jail For Not Paying My Debts? In Hollywood there may be such a thing as “debtor’s prison”, but that is really more for theatrical effect than to portray how debt collection works in the real world. If you are not able to pay your bills, you may be worried about what…

Is There A Minimum Amount Of Debt Needed To File Bankruptcy?

Is There A Minimum Amount Of Debt Needed To File Bankruptcy? If you are having trouble paying all of your bills every month you are likely overwhelmed, stressed, and looking for solutions. One possibility that may have crossed your mind is the possibility of filing for bankruptcy. But if bankruptcy is one of your thoughts,…