Carron Nicks

Attorney · Tulane University School of Law

More Articles by Carron Nicks

Articles 11-20 out of 21

Can I Keep My Rental Property in Bankruptcy?
Do you own rental property? If you own a house, an apartment, commercial space, or a multi-unit building that you rent out to tenants, then you should consider how it will be affected if you file for bankruptcy.
How Is Joint Property Treated in Bankruptcy?
How your bankruptcy filing will affect your spouse and the property you own together will depend on factors such as the bankruptcy chapter you file, how you own the property, and the marital property state laws.
Bankruptcy Chapter 7 Means Test
The Chapter 7 means test looks at your income, and in some cases, expenses and debts, to determine whether you could afford to pay back at least some of your debts. If so, you won't be allowed to use Chapter 7.
Secured vs Unsecured Debt in Chapter 7 Bankruptcy
What happens to your debts in Chapter 7 bankruptcy depends on whether they are secured or unsecured.
Should Senior Citizens File Bankruptcy?
When considering bankruptcy, seniors and retirees should weigh their options carefully. For many seniors, certain issues crop up relating to homeownership.
What to Do if You Can't Keep Up With Your Chapter 13 Repayment Plan
If you don’t make your payments to the Chapter 13 trustee on time, the court could dismiss your bankruptcy case. So what should you do if you cannot make one or more Chapter 13 plan payments?
What Is a Plan of Reorganization in Chapter 11 Bankruptcy?
Chapter 11 bankruptcy can be a good option for debtors who want to reorganize their debt and keep their assets. A key part of any Chapter 11 case is the debtor’s reorganization plan, which outlines how the debtor will repay creditors.
What Happens to a Car Lease in Chapter 7 Bankruptcy?
What happens to your car lease in Chapter 7 bankruptcy depends on whether you are behind on your payments and on what the bankruptcy trustee decides to do with the lease.
Can You File Bankruptcy on a Judgment?
Filing for bankruptcy can erase many money judgments after a lawsuit. But filing alone won't wipe out your responsibility to pay the debt associated with the judgment. Learn about judgment liens in bankruptcy.
How Long Will My Chapter 7 Bankruptcy Case Last?
A Chapter 7 bankruptcy is a relatively quick process, and you can expect your case to last four to five months. This timeline, however, varies depending on your assets, litigation, and more.