Bankruptcy Filing and Procedure

All Bankruptcy Filing and Procedure Articles

What to Do If You Fail the Chapter 7 Bankruptcy Means Test

In order to qualify for Chapter 7 bankruptcy relief, you must pass something called the means test. The means test looks at your income and expenses t...

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Preference Payments to Creditors Prior to Bankruptcy: When the Trustee Can Get the Money Back

In bankruptcy, a preference payment occurs when you repay a creditor within a certain period of time before you file for bankruptcy. If you make a pre...

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Understanding Secured, Unsecured & Priority Claims in Bankruptcy

When you file bankruptcy, each creditor (the person or company to which you owe money) has a claim against your bankruptcy estate. This means that if ...

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Judgment Liens in Bankruptcy: Can You Get Rid of Them?

A judgment lien occurs when a creditor sues you, gets a judgment against you, and files a lien against your personal property to satisfy the judgment....

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