When a bankruptcy is filed the debtor gets an automatic stay. The stay is a very important. It prevents your creditors from continuing any attempts to collect on the debts that are owed. While in place, the creditors can’t:
Kevin Gipson, New Orleans Bankruptcy Attorney
It is not necessary to have a job to file a Chapter 7 bankruptcy. In fact, the filing of Chapter 7 is probably one of the few instances in your life where it helps to not be employed. When a Chapter 7 is filed, the debtor must show that they do not have enough income [...]
Do you need an attorney to file bankruptcy? No! Absolutely not! There is no requirement that you be represented by an attorney when you file a bankruptcy! In fact, I found a website today that tells you how to do one yourself! Tips Catalog! Should you use an attorney to file your bankruptcy? Yes! Absolutely! There [...]
In my previous article, I discussed the purpose for which Chapter 13 bankruptcy was originally intended before the credit card lobby convinced Congress that people who file for bankruptcy are bad people. The October 2005 enactment of the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) saw the introduction of a new requirement to file [...]
“Bankruptcy: What is Chapter 13 Bankruptcy?” provides a general overview of a Chapter 13 bankruptcy. But exactly how does Chapter 13 bankruptcy work? Will I be able to keep my house? My car? These are questions that I hear often from clients who are considering their bankruptcy options. This article discusses the purpose for which Chapter 13 [...]
Back in the 1970′s there was a margarine sold under the brand name Chiffon. (Or so I’ve been told. The ’70′s were a little before my time). According to the commercials, the margarine tasted so much like butter that it fooled Mother Nature. (Ok, I was around for the ’70′s, but I just don’t remember that much about [...]
