Filing for Bankruptcy

07 Aug Bankruptcy And The Adult Child.

More often than not I see parents filing bankruptcy in part because they are taking care of adult children. These parents do not understand the court does not care that they have chosen to take care of a healthy adult child. Is this a harsh stance? [caption id="attachment_42401" align="alignleft" width="269"]Families are often complicated. Families are often complicated.[/caption] Harsh or not it is the reality of the system. If you want to reorganize or eliminate your debts you must abide by the system or have your case dismissed. In two of my cases the parents were willing to lose their home and/or vehicles in order to continue to care for their healthy and capable adult children. These adult children did not have specials needs but rather could not afford the life style they were living and are not willing to change their lifestyle.
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10 Jul Forcing the Mortgage Holder to Take Back a Home through Chapter 13

Using bankruptcy to surrender a home that has become unaffordable is nearly as common as using bankruptcy to stop a foreclosure so that a home can be retained. The question whether to keep a home when filing bankruptcy is usually answered by comparing the amount...

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23 Jun Unauthorized Practice of Law Gains Attention of U.S. Trustee

Article Date: June 23, 2013 The Massachusetts Bankruptcy Court, pursuant to an enforcement action brought by the United States Trustee, ordered sanctions and issued an injunction against a bankruptcy petition preparer in Lawrence, Massachusetts. The case can be found here. The petition preparer, Pinnacle Financial...

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