I receive several inquiries about reopening a chapter 7 case once the case is closed.
This is possible to do, however it is subject to court approval.1. The debt must have been incurred before the date your case was originally filed....
New updated median income figures for bankruptcy filers
Median income level for Illinois based on family sizeEffective: 2/1/08
Bankruptcy Audit’s suspended
This is a bit of interesting news about the random audits performed by the Department of Justice. Previously 1 in 200 cases was audited for accuracy. These audits consisted of independent review of paystubs, tax...
More Bankruptcy Q&A
Here is another rapid fire list of Q & A from bankruptcy questions I have received recently.If you have a specific question, feel free to contact me and I'll be happy to review your situation with you. Thanks
Subject: What does...
Bankruptcy Questions and answers
Here is an updated bankruptcy question and answer session. As you can see there are many bankruptcy issues that can sway a case one way or another. Hold tight, here we go.Chapter 7 and Lump sum SSDI payment...
Tax refunds and bankruptcy
I have received several emails from clients filing for Chapter 7 that are concerned about their tax refunds, and whether the chapter 7 bankruptcy trustee will want to take it or not.
While the tax refund is an asset, you should schedule...
Blockbuster fees
I received an interesting email from Blockbuster yesterday. They are increasing fees from $17.99 to $19.99. This comes on the heals of the plan modification they put thru just several months ago....eliminating the free in-store game rental...
Rapid Fire Q&A
Here are a sampling of questions I have been getting regarding bankruptcy an bankruptcy process. If you would like further bankruptcy information, please contact my law office.
Judgment...
Women On the Go Online Feature Guest
Hi all.
I just wanted to let you know that I have been invited to be a featured guest speaker on financial matters on the website Women On The Go Online. I will be speaking on bankruptcy, finance, and other money matters.
Women...
How to extend the life of your car
Below is a link to an article I found about how to get the most life out of your car.Many of my clients find themselves in bankruptcy with a huge car payment (or 2)
This extra money could go a long way to get one out of debt, so if you...