How Often Can I File Bankruptcy?

December 8th, 2014 / G. Wald / Comments Off on How Often Can I File Bankruptcy?

When a person has filed bankruptcy in the past, they may want to know how long they must wait to file bankruptcy again.   If a person has filed a Chapter 7 bankruptcy petition and received a discharge of their debts, they must wait 8 years before they can file another Chapter 7 petition.  However, the […]

Brooklyn Center Bankruptcy Attorney: How To Pay For Bankruptcy

November 4th, 2014 / G. Wald / Comments Off on Brooklyn Center Bankruptcy Attorney: How To Pay For Bankruptcy

Chapter 7 Bankruptcy Chapter 7 bankruptcy allows a person to eliminate most types of debts completely, while allowing a person to keep all assets that are exempt from creditors.   The court filing fee and attorney’s fee for Chapter 7 bankruptcy must be paid in advance.  If a person wants Chapter 7 bankruptcy and is not […]

An Attorney Is Abreast Of The Ever-Changing Bankruptcy Laws

September 26th, 2014 / G. Wald / Comments Off on An Attorney Is Abreast Of The Ever-Changing Bankruptcy Laws

There are a number of potential pitfalls and tricks in the ever-changing bankruptcy laws, so it is very important to consult with a knowledgeable bankruptcy attorney. If your case is filed wrong, it may be dismissed for not filing a required document and if you have to file a new case you may not be […]

Divorce and Bankruptcy

September 1st, 2014 / G. Wald / Comments Off on Divorce and Bankruptcy

Divorce and Bankruptcy: Divorce is painful and can leave us in financial ruins. We are often clouded with emotion and are unable to make sound financial decisions that will protect us. Make sure to hire someone who is thinking practically and not emotionally. If filing for bankruptcy is necessary, than proper means must be taken […]

Child Support Is Not Dischargeable

August 29th, 2014 / G. Wald / Comments Off on Child Support Is Not Dischargeable

Child support is NOT dischargeable in any type of bankruptcy. The welfare of minor children is of primary importance throughout the state and federal court system. Priority debts are nondischargeable in bankruptcy. This means that if you owe any outstanding child support debt, it will not get wiped out by your bankruptcy discharge. As a […]

Hiding From Debt Won’t Make It Go Away.

August 4th, 2014 / G. Wald / Comments Off on Hiding From Debt Won’t Make It Go Away.

Ignoring or Hiding From Debt Won’t Make It Go Away, it will only make them worse. Nobody-ever-forgets-a-debt. Especially not creditors. If you are facing legal action do not procrastinate. Often, even when people are in danger of foreclosure or car repossession, or are being sued, or are having their wages garnished – even then, they do […]

Get That 800 lb Gorilla Of Debt Off Of Your Back!

July 25th, 2014 / G. Wald / Comments Off on Get That 800 lb Gorilla Of Debt Off Of Your Back!

Debt is an 800 lb gorilla on our backs. It can consume our thoughts and have us living in a paranoid state whenever the phone rings or the mail comes. They are all little reminders of the impending doom we feel from debt. Are your accounts being turned over to debt collectors? Are you worried […]

Debt Loves Company

July 7th, 2014 / G. Wald / Comments Off on Debt Loves Company

Debt doesn’t just consume one person at a time, in the event there is a co-debtor, (and several of your debts include co-debtors). Also known as co-signors, the people who sign with you on a debt are often family members and the closest friends you have. By signing a legal document guaranteeing that your debt […]

How To Handle Enormous Debt Load Right After Receiving Your College Degree.

June 10th, 2014 / G. Wald / Comments Off on How To Handle Enormous Debt Load Right After Receiving Your College Degree.

Enormous Debt : More than ever, young adults are being saddled with an enormous amount of debt right after they earn their college degree. They spend the rest of their twenties giving a sizable portion back to the University who just won a bowl game and is hardly hurting for cash. Meanwhile, you’re a twenty […]

Can I File For Bankruptcy More Than Once?

June 2nd, 2014 / G. Wald / Comments Off on Can I File For Bankruptcy More Than Once?

Chapter 7 Bankruptcy : Did you know that you can file for bankruptcy more than once? Sometimes, we find ourselves in the hole again through circumstances beyond our control. There are options if you should find yourself in need of debt relief. There are two common types of bankruptcy, Chapter 7 and Chapter 13. You […]

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