Frequently, potential clients ask if they need to owe a certain minimum amount of debt to file bankruptcy. The most common forms of bankruptcy affecting individual debtors are chapter 7 and chapter 13. Different rules apply to each chapter.
While there is no bottom limit to the amount of debt required to file under [...]

Although the October, 2005 changes to the bankruptcy laws were big news to bankruptcy lawyers, most people did not really pay much attention to this new law. I therefore frequently get the question “I hear that the bankruptcy law changed - what is the significance of these changes?”
Obviously, someone asking this question does not [...]

Most people think that if you file for bankruptcy relief you lose everything. The truth is, most people who file bankruptcy keep everything they have—their home, their car, their furnishings and jewelry. This is because you can’t receive the fresh start that is the goal of a bankruptcy filing if you emerge from your case [...]

If you are determining the value of a piece of land you think of location, location, location. When you determine the value of a vehicle you think of details, details, details. The first thing I have my clients do is go down to the local CarMax Dealer . Why? Because they [...]

There are a number of very good articles on the Bankruptcy Law Network that discuss, to some extent or another, dismissal of a bankruptcy case.
For example,in “Do I Need A Lawyer To File Bankruptcy?” Däna Wilkinson discusses
dismissal as one of the pitfalls of representing yourself, and In “What Are
My Responsibilities After My Bankruptcy Case Is Filed?” [...]

Every once in a while, a prospective client comes to see me and confesses to doing a little pre-bankruptcy planning of his own, without benefit of counsel. In many cases, such actions make a bankruptcy filing more difficult, more costly, or inadvisable at all. Even worse, many times the same or a better result could [...]

If your bankruptcy case was filed in Topeka, Kansas, your meeting of creditors (341 hearing) will be held at the main downtown U.S. Post Office located at 434 S. Kansas Avenue, Topeka, Kansas, on the northeast corner of 5th Street and Kansas Avenue. The hearing will be in Room 303. An elevator is [...]

You can track your credit score and watch it increase as more time passes after your bankruptcy discharge. Elizabeth Razzi wrote about credit scores and mortgages at Bankrate.com and suggested that you review your credit reports and scores about six months before applying for a mortgage, so you can write any necessary dispute letters [...]

            There are many bankruptcy lawyers out there.  Who do I pick?  Here’s a list of who not to hire:
 

Don’t hire the least expensive just because he or she is cheapest.  You generally get what you pay for.  Filing Bankruptcy isn’t just checking boxes and filling out forms. 
Don’t hire the attorney with the biggest or [...]

Okay.  Two years have passed since you received your bankruptcy discharge - wait!  You haven’t waited two years?  Best to do so.  You might, maybe, remotely possible, find a lender who will provide you with a mortgage earlier than two years, but the fees and interest rate will destroy you.  Really.  Best to continue until [...]