If you are considering filing for bankruptcy then you should know up front that all assets, including all income must be disclosed to the bankruptcy court. Failure to disclose an asset or income could cause you to not receive a bankruptcy discharge of all of your...
this article on assessing property value in a bankruptcy provides an interesting perspective on how debtors generally like to overvalue their own assets when filing bankruptcy. Remember, when filing bankruptcy in Washington State you only need to list the garage sale...
According to a recent article, consumer bankruptcies are on the rise for elderly Americans. The article states that those 65 and older are the fastest growing segment of those who are seeking bankruptcy protection with a median balance on their credit cards at about...
Debtors who file for bankruptcy are often concerned that employers, family members, friends or others will find out that they have filed for bankruptcy. The reality is that outside of notifying all of your creditors so that you can discharge your debts, most others...
One question that debtors often ask after filing bankruptcy is, “How can I reestablish my credit?” When you file bankruptcy, your credit will most likely take a hit, however if you have a low credit score already, filing bankruptcy may actually help your...
If you are considering hiring a bankruptcy law firm to assist you in discharging student loans, then bankruptcy is most likely not the answer that you are looking for to get rid of your student loans. Generally student loans are not discheargable in a chapter 7...
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