Legal Matters that Won't Be Suspended When You File for Bankruptcy If you've been considering filing for protection under the bankruptcy laws to help you deal with unmanageable debt, one of the factors that may have attracted you is the automatic stay that goes into effect immediately upon filing for bankruptcy. The automatic stay prevents your … [Read more...]
The Means Test in Chapter 7 Bankruptcy Filings
How the Court Determines Whether You Qualify for Permanent Discharge Under American bankruptcy law, you can seek to permanently discharge personal debt under Chapter 7 or else file for Chapter 13 "debtor's reorganization," in which you work with creditors to negotiate arrangements to pay your financial obligations over a three-to-five-year period. … [Read more...]
Finding a Qualified Bankruptcy Lawyer
What to Look for in a Texas Bankruptcy Attorney If you've decided to seek protection under the bankruptcy laws, one of the first things you'll discover—there's no shortage of bankruptcy lawyers willing to take your case. So how do you find the right person to guide you through bankruptcy and get a fresh financial start? Here's a checklist to help … [Read more...]