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How you value your vehicle for bankruptcy is very important because it can impact whether your vehicle is fully exempt or only partially exempt and thus whether you would get to keep your vehicle in a Chapter 7 bankruptcy or whether you might have to pay more into your Chapter 13 bankruptcy payment plan.
La respuesta a esta pregunta es muy importante porque puede afectar si su vehículo está totalmente exento o solo parcialmente y, por lo tanto, si podría mantener su vehículo en una bancarrota del Capítulo 7 o si tendría que pagar más en su plan de pago de bancarrota del Capítulo 13. Bancarrota de Capítulo 7 […]
Debtor’s Rights Against Creditors Before Bankruptcy If you are currently facing a significant amount of debt and have not been able to keep up with payments, you have probably started to receive calls from collection agencies attempting to collect on a debt. You have probably noticed that these creditors are generally aggressive in their collection […]
Si usted actualmente se enfrenta una cantidad significativa de deuda y no ha podido mantenerse al día con los pagos, probablemente haya comenzado a recibir llamadas de agencias de cobro que intentan cobrar una deuda. Probablemente haya notado que estos acreedores son generalmente agresivos en sus tácticas de cobro y las llamadas y el correo […]
Bankruptcies are unavoidable. Consumers and businesses rely on the bankruptcy system in good and bad economic times. Sometimes a bankruptcy is the outcome of an expensive surgery or other medical issues. Sometimes it is the result of a divorce or a failed business. Sometimes it is because you co-signed for someone you trusted, and that […]
Las bancarrotas son inevitables. Los consumidores y las empresas confían en el sistema de bancarrota en tiempos económicos buenos y malos. A veces, una quiebra es el resultado de una cirugía costosa u otros problemas médicos. A veces es el resultado de un divorcio o un negocio que falló. A veces es porque usted firmó […]
By Ryan Blay, W M Law Attorney at Law With pressing major legislation and partisan conflict, Congress does not always take the time to review bankruptcy legislation. When it does, however, it has taken some steps to make bankruptcy a little less onerous for debtors. President Trump recently signed some bankruptcy legislation passed by Congress. […]
Con una legislación importante y un conflicto partidista, el Congreso no siempre se toma el tiempo para revisar la legislación sobre quiebras o bancarrotas. Cuando lo hace, sin embargo, ha tomado algunas medidas para hacer que la bancarrota sea un poco menos onerosa para los deudores. El presidente Trump recientemente firmó una legislación de bancarrota […]
“You have to use credit to build credit” – a truism about rebuilding credit after bankruptcy. One of the best ways to do that is to get a “secured credit card” shortly after your bankruptcy. The problem is that not all banks offer these types of credit cards. Those banks that do are often located […]
When you file for personal bankruptcy you are required to list all your assets. For many people, their house is their most valuable asset, and thus the asset that potentially could create the most problems in bankruptcy. It’s important to find out how much your house is worth for bankruptcy purposes.