Bankruptcy Planning

Married and Filing for Bankruptcy: Joint or Separate?

You and your spouse can file separately or together. That choice affects how much debt gets discharged, how much property you keep in Chapter 7 bankruptcy, and what happens to your credit and joint debts afterward.

The Clawback Provision and Preferential Transfers

In Chapter 7 bankruptcy, the trustee has the right to take back property or money the debtor improperly gave away before filing. "Clawback" is the term used to describe this power, which allows the trustee to regain assets.

Bankruptcy Preference Payments to Creditors

If you make a preference payment or transfer, your bankruptcy trustee might be able to get the money back from the person or business you paid. Learn what constitutes a bankruptcy preference payment.

If You Receive an Inheritance During Your Bankruptcy Case

If you inherit money during bankruptcy, you'll want to know how the 180-day rule works, what happens in Chapter 7 vs. Chapter 13, and how to protect it from creditors.

Should I Repay Debts Before Filing for Bankruptcy?

Although paying off debts before filing bankruptcy may seem like the right thing to do, it is often not a good idea.

Timing Your Bankruptcy Filing: When to Delay or Avoid Bankruptcy Altogether

Learn when it might be a good idea to delay filing for bankruptcy, such as when modifying your mortgage or anticipating an income drop that will make qualifying easier.

Is It Better to File for Bankruptcy Before or After My Home is Foreclosed?

If you plan to file for bankruptcy but are also facing foreclosure, the timing of your bankruptcy can make a difference for you, depending on what you want to do with your home.

The New Bankruptcy: Will It Work for You?

Is bankruptcy the right solution for your overwhelming debts? Pick the best strategies for your situation with the information and practical suggestions in this book by best-selling author Stephen Elias.

How to File for Chapter 7 Bankruptcy

The reliable, up-to-date information in this best-selling book will help you successfully complete your bankruptcy claim without breaking the bank.

Chapter 13 Bankruptcy: Keep Your Property & Repay Debts Over Time

This comprehensive guide explains the Chapter 13 process, from start to finish.