Tag: bankruptcy discharge
Debt Collection Harassment: When Bill Collectors Go Too Far
Debt collection harassment rates number one among consumer complaints in the United States. Despite federal and state laws against abusive bill collection, overly aggressive bill collectors often call repeatedly, at all hours at home and work, and use threats in an attempt to scare consumers into paying the entire debt immediately. Often, debt […]
What is a Bankruptcy Discharge Violation?
When a bankruptcy petition is filed, an automatic stay goes into effect immediately, ordering a stop to all collection activity with the force of a federal injunction. Later, when the bankruptcy court issues a discharge, the legal obligation to pay the debts terminates. Bankruptcy stops collection activity. But what if […]
Bankruptcy Schedules Focus on Key Categories of Filer’s Finances
Bankruptcy schedules, filed with the bankruptcy petition, each focus on one aspect of the filer’s personal finances. There are 10 schedules, each designated with a letter, from A through J. Schedule A – Real Estate Schedule A requires listing of all real estate owned on the date of filing. This is obvious […]
The point of filing a bankruptcy, most often, is to discharge debt. What debts are discharged and what debts are not? A bankruptcy discharge means that the legal obligation to pay a debt is wiped away. For all intents and purposes, the debt is gone. This applies in a Chapter […]