Category Archives: Bankruptcy

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Life After Bankruptcy: What Happens After My Debts Have Been Discharged?

Making the decision to file for bankruptcy is never an easy one. Once you have made that decision, you may expect that the process will go smoothly and that you will quickly be able to move on with your life. However, the reality is that even after you have received your discharge and your bankruptcy is……
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What Is the Means Test in Bankruptcy?

In 2005, the United States enacted the Bankruptcy Reform Act. Under the new guidelines, the courts are able to make a determination about whether or not you would be able to afford payments under a reorganization of your debt – in accordance with a Chapter 13 filing. One of the largest differences between Chapter 7……
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Bankruptcy and Debt Collection Lawsuits

When you have unpaid debts, creditors may resort to pursuing a lawsuit against you in an attempt to collect. Not all creditors have the option of pursuing this legal remedy, but in many cases, the creditor can obtain a judgment against you that may include wage garnishment. Debt collection lawsuits begin when the collection agency……
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The Rise in Elderly Bankruptcy

When you’ve gotten buried under piles of unpayable debt, one legal remedy is to file for bankruptcy status. Put plainly, bankruptcy means that you have been deemed legally unable to pay certain debts to creditors. This solution is often seen as a last resort for debtors, but in many cases, it is an effective solution……
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Bankruptcy Court and Challenging the Expert Witness

Expert witness testimony is often used during court proceedings, but witnesses who testify during bankruptcy court follow different rules than those who are testifying in criminal or district court. The opposing legal team will often attempt to challenge the testimony of an expert witness during bankruptcy cases, and the expert is required to make a……
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