Tag: U.S. Bankruptcy Code
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 […]
Car In Bankruptcy: Redeeming & Other Options
Bankruptcy brings eye opening awareness of personal finances and one nagging issue for many is what happens to a car in bankruptcy. If it is a reliable car with affordable payments can you keep it? If it’s an old clunker can you get rid of it? What about a car […]
Collections Supposed to Stop After Bankruptcy: Computer Did It Defense
Collections are supposed to stop after you file bankruptcy. Bankruptcy law imposes an automatic stay, effectively a federal court injunction ordering credit card companies, bill collectors, collection attorneys, banks and others to stop all collection activity. Even collection law suits filed to collect debts must stop under the automatic stay […]
