By Kent Anderson, Oregon Bankruptcy Attorney on Nov 5, 2007 in Consumer Protection, Discharge, What Can and Cannot Be Forgiven, General Bankruptcy Information, Personal Finance, Predatory Lending | 0 Comments
Jonathan Ginsgberg’s Recent Post, “How do I Qualify for a Hardship Discharge on My Student Loan?” introduces another bad actor into the emerging student loan debacle – the for-profit educational institution that provides services of questionable value while steering student borrowers towards high-cost private loans. Ginsberg’s correspondent described in the article, a disabled woman on [...]
Popularity: 16% [?]
By Jill Michaux, Kansas Bankruptcy Attorney on Nov 5, 2007 in Automatic Stay, Bankruptcy Practice and Procedure, Benefits of Bankruptcy, Chapter 13 Bankruptcy, General Bankruptcy Information, Kansas, Protecting Assets In Bankruptcy, Tax Issues | 0 Comments
We have written many posts about exemptions, the list of property you can keep in bankruptcy. It is important to remember that exemptions don’t halt the Internal Revenue Service.
Only a small amount of personal effects is exempt from levy by the IRS outside of bankruptcy and no property will be excluded from a IRS [...]
Popularity: 30% [?]
By Carmen Dellutri, Attorney at Law on Nov 5, 2007 in Bankruptcy Cases of Interest, Bankruptcy Practice and Procedure, Benefits of Bankruptcy, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Consumer Protection, Decisions of Interest, Florida, General Bankruptcy Information, Protecting Assets In Bankruptcy | 0 Comments
On July 31, 2007, Governor Charlie Crist amended one of Florida’s exemption laws, Florida Statute 222.25(4). This amendment created more questions than it answered. By amending the existing statute, Governor Crist changed bankruptcy practice as we knew it in Florida. The law added a personal property exemption of $4,000.00, but was only applicable to those residents [...]
Popularity: 31% [?]
By Peter Orville, Attorney at Law on Nov 5, 2007 in Bankruptcy Practice and Procedure, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Colorado, Decisions of Interest, General Bankruptcy Information, Louisiana, New York, South Carolina, State Specific Bankruptcy Issues | 0 Comments
Your household size can be a critical factor in determining whether you can file a Chapter 7 bankruptcy case or how much you need to pay in a Chapter 13 case. Household size is the starting point in figuring out if you are above or below the median income for your state. The larger the [...]
Popularity: 46% [?]