Are you tired of compounding interest?
Do your credit card balances seem to stay the same?
Are you missing payments and getting collection calls?
Now is a good...
Fresh Start for the new year
Now that we are half way through summer, now is a good time to look to get a fresh start by the end of the year. Chapter 7 bankruptcy will take about 90 days to go thru the courts and get your...
End driver’s license suspension from Chicago parking tickets with chapter 7 bankruptcy
You can get your license back with chapter 7 bankruptcy if it is suspended for non-payment of Chicago parking tickets.
Quick update regarding the post about...
You can now discharge Chicago parking tickets in a chapter 7 bankruptcy case.
Chicago parking tickets are now dischargeable in chapter 7 bankruptcy
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Automatic Stay terminates entirely after 30 days for serial filers in the 1st Circuit
First Circuit Terminates the Stay Entirely as to Repeat Filers
The issue in this case, Smith v. State of Maine Bureau of Revenue Services (In re Smith), 18-1573 (1st Cir. Dec. 12, 2018), is whether the automatic stay...
Top 3 things to do before filing for bankruptcy
Top 3 things to do before filing for bankruptcy
3. Get your documents together.
- 4 Years of IRS Tax returns
- Most recent bank statements
- Last 6 months of income statements and paycheck...
Bankruptcy – C is for Chapter
C is for Chapter
Chapter 7
Chapter 7 bankruptcy is the most common bankruptcy that people file. This is the chapter that gets rid of most consumer debts in about 90 days. Most credit cards, medical bills, repossessions,...
Bankruptcy -B is for Bank Account
Bankruptcy -B is for Bank Account
Can I keep my bank account when I file bankruptcy?
Yes, you can keep your bank account when you file bankruptcy. Many people assume that they cannot keep basic things when filing for a...
Bankruptcy – A is for Assets
A is for Assets
SCHEDULES
A debtor fills out the bankruptcy paperwork and forms when filing a bankruptcy case. These forms are the Bankruptcy Schedules. Bankruptcy schedules list all of the assets a debtor owns. These...