Can a creditor who has a secured debt discharged in bankruptcy foreclose on my home or repossess my car? People often come to see me asking if a creditor can still foreclose on their home or repossess a car after Chapter 7 bankruptcy or a Chapter 13 bankruptcy reorganization. After all, the debt to the…
Great News for Married Same Sex Couples
Who Need to File Bankruptcy!
Gay rights have come a long way over the last 20 years. The perfect example of that is the announcement on February 10, 2014 by Attorney General Eric Holder who said, “It is the (Justice Department’s) policy to recognize lawful same-sex marriages as broadly as possible, to ensure equal treatment for all members of society regardless of sexual orientation.”
How Does Holder’s Announcement Affect
Same Sex Couples Filing Bankruptcy?
Previous to same-sex marriage being available in any state, all gay or lesbian couples had to file two separate bankruptcies if they could not pay their debts. That meant twice as much…
Can I Operate My Business In Chapter 7 Bankruptcy?
This is a very common question I get when clients come into my office. My answer is always “well maybe, maybe not, it depends.” Not the answer that they want but it is the truth. I then analyze their actual circumstances to be able to give them a better answer.
Here I will explain of the basic analysis I use.
Business in Chapter 7 Bankruptcy by Business Type:
If it is a Corporation:
If you own a corporation, it can continue to operate even if you file bankruptcy.…
Any time you meet with a bankruptcy lawyer for a free bankruptcy attorney consultation, you should expect the following: 1. To be treated with respect by the bankruptcy attorney. Mutual respect should be given by both you and the bankruptcy lawyer. both are interviewing each other to see if you and the bankruptcy lawyer are…