The moment you file bankruptcy you and your property are protected from almost all collection attempts by your creditors. The part of federal bankruptcy law called the “automatic stay” protects you from your creditors during a bankruptcy case. The Law on Automatic Stay The ... Read More »
Dealing with a Civil Lawsuit Related to Criminal Charges
Criminal charges can also lead to civil claims against you. Bankruptcy can help with certain crucial aspects of civil litigation. Criminal and Civil Law As we discussed last week, bankruptcy does not write off criminal fines or restitution. And the “automatic stay,” which stops ... Read More »
How Do You Decide Whether to File Bankruptcy?
To make this decision well, accept that you need help, become well-informed about your options, then with good counsel make the best choice. Accepting Reality How can you make a good decision about something as personal and complicated as whether to file bankruptcy? First, ... Read More »
Chapter 7 Bankruptcy Can . . . Remove a Judgment Lien
Besides legally writing off all or most of your debts, "straight bankruptcy" can often remove judgment liens from the title of your home. Chapter 7 bankruptcy usually has two main goals, and usually accomplishes them. #1: Filing the bankruptcy case immediately stops your creditors from ... Read More »
The Judgment Liens that Can Be “Avoided” from Your Home’s Title
Bankruptcy can’t get rid of most creditor liens on what you own. But judgment liens on your home are an exception. Our last blog post was about judgment liens, why they are so dangerous, and how both Chapter 7 and 13 types of bankruptcy can deal with them. Today’s blog post ... Read More »
Making Sense of Bankruptcy: Erasing a Judgment Lien from the Title to Your Home in a Chapter 7 “Straight Bankruptcy”
A judgment lien puts a cloud on the title to your home. Bankruptcy can often get rid of the underlying debt and the judgment lien as well. This is the sentence that we’re explaining today, phrase by phrase: A judgment lien that attaches to your home can be permanently removed ... Read More »
Making Sense of Bankruptcy: How Filing a Chapter 7 or 13 Case Stops Creditors’ Actions against You
Federal bankruptcy laws override state collection laws, protecting you and your assets from debt collection. In this “Making Sense” series, we’re explaining bankruptcy through individual sentences about each of its important concepts. Today’s sentence: Filing a consumer bankruptcy case ... Read More »
