Bankruptcy cases can be converted from Chapter 13 to Chapter 7. There are many reasons why a debtor might convert their case. For example, some debtors don’t qualify for relief under Chapter 7 when their case is filed because they earn too much money. If during the bankruptcy case their income is reduced, they may… Read More »
When a family member or close friend comes to you and asks that you co-sign a debt for them, it can be difficult to say no. It’s kind of an awkward position. If you say no you are basically telling them that you don’t believe they can be trusted to repay the debt. At least… Read More »
When joint filers in a bankruptcy case get divorced while the case is pending bankruptcy attorneys sometimes become powerless in their ability to work on the bankruptcy case. The bankruptcy attorney owes a duty to each of the filers and parties to a divorce often give contradictory instructions to their bankruptcy attorney. For example, consider… Read More »
Homeowner’s association dues can create special problems for debtors in bankruptcy. If the debtor files bankruptcy in order to prevent foreclosure of their home, then the debtor can include repayment of the HOA dues as part of their Chapter 13 plan. They are still responsible for making payments that come due after the case is… Read More »
Chapter 13 bankruptcy is a process that starts with the accumulation of data and finishes with the discharge. This type of legal process can be broken down into well-defined steps. The first step is when the paperwork is being prepared prior to filing the bankruptcy case. For debtors this is when most of their participation… Read More »