More Articles by Cara O'Neill
Articles 141-150 out of 154
Student Loans in Bankruptcy: The Brunner Test
Getting student loans discharged in a Chapter 7 bankruptcy case is very difficult. For the most part, you must show that repayment would cause you "undue hardship."
What Can I Do If I Can't Afford a Bankruptcy Lawyer?
Even if you can’t afford an attorney, help might be available through friends and family, legal aid societies, free legal clinics, or pro bono (free of charge) attorneys. Learn strategies for paying for bankruptcy legal fees.
Converting Chapter 13 to Chapter 7 Bankruptcy
If your income drops and you can’t pay your Chapter 13 payment, it’s possible to convert to Chapter 7 bankruptcy and discharge qualifying debts quickly. But because it isn’t always possible, you’ll want to explore other options as well.
Car Repossession: Notices the Lender Must Provide
Learn what notices your auto loan lender must provide during the car repossession process.
Will My Bankruptcy Affect My Spouse?
Generally, whether your bankruptcy will affect your spouse will depend on whether you have joint property or debts, the property laws of your state, and whether you file for Chapter 7 or Chapter 13 bankruptcy.
Can I Get My Chapter 13 Payments Lowered?
Question: I have been in Chapter 13 bankruptcy for over two years. But I recently received a pay cut and can no longer afford my current Chapter 13 plan payment. Is there anything I can do to reduce my monthly payment amount?
What Happens to My Cosigner in Chapter 7 Bankruptcy?
Chapter 7 bankruptcy discharges most unsecured debts. However, despite your bankruptcy filing, if you have a cosigner on your debts, your cosigner will still be responsible for it after your Chapter 7 case. Learn why.
Will Bankruptcy Stop the IRS From Collecting Tax Debts?
The automatic stay will stop the IRS from collecting taxes debt that you owe once you file a Chapter 7 or Chapter 13 bankruptcy. But depending upon the nature of the tax debt you owe, the IRS may be permitted to collect from you later.
Will You Have to Close Your Business if You File for Personal Bankruptcy?
The Chapter 7 trustee won't automatically close the business and inventory its assets in Chapter 7. It will often depend on whether the trustee can sell business property and whether you have liability insurance.
When the Creditor Gets a Lien Against Your Property
If a creditor has a lien on property you own, you’ll need to pay the creditor before selling or refinancing it, and the creditor might even use a lien on house property to force a sale of your home.