Tag: bankruptcy law
Top Things to Know About Bankruptcy
Won’t Bankruptcy kill my credit? By law the fact of your Chapter 7 bankruptcy filing stays on your credit report for 10 years. At the same time, I tell my clients that they will receive credit card solicitations in the months after their bankruptcy case closes. Throw them in the […]
Common Bankruptcy Questions
Common Bankruptcy Questions Here are questions we often get about the bankruptcy process and how it affects people who file: Will I lose my car or my house if I file Chapter 7 bankruptcy? The vast majority of people who find themselves in the position of facing a Chapter 7 […]
Stopping the Bills with the Automatic Stay of Bankruptcy
Stopping the bills. They pile up. You want to pay them. You think about how to juggle finances to stop the bills and collection notices. Some of the bill collectors or credit card companies behind them may even have started actions in small claims or other courts. The automatic stay […]
5 Top Bankruptcy Facts: Weighing the Reality and the Impact
Bankruptcy facts give us some perspective on what leads up to financial problems and what this legal option involves. Americans love their credit cards. You often can’t check out of a big box store without the cashier … if there is still a cashier … trying to sell you their […]
Debt Collectors and Bankruptcy Violations
Debt collectors must stop after a bankruptcy filing or they commit one of several bankruptcy violations. It doesn’t matter whether it’s a chapter 7, chapter 13 or other chapter. The filing of a bankruptcy creates what is called an automatic stay. Collection stops because the U.S. Bankruptcy Code imposes the automatic stay with […]
