Aug01
Does bankruptcy protect me against debts from
other countries?
By David Leibowitz, Illinois and Wisconsin Bankruptcy Attorney on Jun 21, 2009 in General Bankruptcy
Information
Clients frequently face debts from countries other than the United States. If you file a bankruptcy case in
the United States, what is the effect on your debts from overseas?
We tell clients not to worry […]
May13
Individuals file Chapter 13 Bankruptcy for one or more reasons or a combination of factors. The higher percentage of individuals I have represented file Chapter 13 to stop a foreclosure sale by their mortgage company. Foreclosure sale proceedings are initiated by the mortgagee because the debtors were delinquent on payments to their mortgage company. Another […]
By Brian Allen
Tags: car, Chapter 13, creditor, delinquent payments, foreclosure, means test, mortgage company, repossession, U.S. Bankruptcy Court
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Filed under Automatic Stay, Bankruptcy Basics, Bankruptcy Code, Bankruptcy Courts, Bankruptcy Trends, Chapter 13 Bankruptcy, Chapter 13 Plans, Helpful Information
May08
First, we will start at the legal beginning, the United States Constitution. Article I, Section 8, of the United States Constitution authorizes Congress to enact “uniform Laws on the subject of Bankruptcies.” Next, we had different bankruptcy acts, until 1978 when Congress enacted the uniform Bankruptcy Code in 1978. The Bankruptcy Code […]
By Brian Allen
Tags: Debt Relief Agency, Debtor, Definitions, Fresh Start, Reorganization Plan
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Filed under Automatic Stay, Bankruptcy Basics, Bankruptcy Code, Bankruptcy Trends, Chapter 11, Chapter 13 Bankruptcy, Chapter 13 Plans, Chapter 7 Bankruptcy, Important Terms, Plan Payments
Apr18
First and foremost in most people’s minds is they want peace of mind. Yes, the filing of a bankruptcy case will stop the creditors’ harassment. If creditors continue harassing the debtor after his or her bankruptcy case is filed, the creditor can be sued in bankruptcy court for money damages. Most good people need to […]
Mar25
By North East Texas Bankruptcy Attorney Brian Allen. Bankruptcy law allows a debtor, who is unable to pay his creditors, to file for bankruptcy protection to stop creditors from collecting from the debtor and the debtor’s property (foreclosure, repossessions). Chapter 11, 12, and 13 provide for the development of a plan that allows the debtor time […]
By Brian Allen
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Filed under Automatic Stay, Bankruptcy Code, Bankruptcy Courts, Bankruptcy Trends, Case Law, Chapter 11, Chapter 12 Bankruptcy, Chapter 13 Bankruptcy, Chapter 13 Plans, Chapter 7 Bankruptcy, Chapter 7 Means Test, Credit Cards, Debt Collection, Exemptions, Housing Crises, Important Terms, Interest, Of Interest, Plan Payments, The Economy
