If your monthly expenses are greater than your monthly income, and what you own is limited in value , Chapter 7 bankruptcy will allow you to discharge your debt and get a fresh start. If you are married and only you have debts, your spouse does not need to file with you.

In Chapter 13 bankruptcy you can keep your car and your home. If you are behind in the loan, you may catch up with any missed payments and continue making regular payments. We will prepare a detailed plan to restructure your debts. We can stop lawsuits and foreclosures in Chapter 13 bankruptcy.

If you have been overpaid by Social Security after March 27, 2025 you will be placed in full recovery at a rate of 100 percent of the Social Security payment. This is a change from the previous policy that only withheld 10%. This does not apply to SSI. Bankruptcy can typically discharge a Social Security  … Read More

Common Questions about the Meeting of Creditors How to Prepare for Your Meeting of Creditors Simulated Chapter 13 Meeting of Creditors Simulated Chapter 7 Meeting of Creditors The “meeting of creditors” also known as a “341 meeting,” is a required step in the bankruptcy process. It is not a court hearing, and there is no  … Read More

The difference between a fixed APR and a variable APR, is that a fixed APR does not fluctuate with changes to an index. A variable-rate APR, or variable APR, changes with the index interest rate. A fixed-rate APR or fixed APR sets an APR that does not fluctuate with changes to an index. This does not mean that the  … Read More

You have the right to request one free copy of your credit report each year from each of the three major consumer reporting companies (Equifax, Experian and TransUnion) by visiting AnnualCreditReport.com. You may also be able to view free reports more frequently online. Tip Be cautious of websites that claim to offer free credit reports.  … Read More

The law prohibits debt collectors from using abusive, unfair or deceptive practices to collect debts from you, including misrepresenting the nature of the debt, falsely claiming that the person contactin you is an attorney, threateing to have you arrested or imprisoned if you don’t pay, falsely claiming to garnish or seize your wages, bank account,  … Read More

They must validate the debtor by including the name of the creditor, the amount owed, that you can dispute the debt and if you don’t dispute the debt without 30 days the debt collector will assume the debt is valid, that if you dispute the debt in writing within 30 days the debt collector will  … Read More

If a debt collector contacts you about a debt you may or may not owe, don’t ignore or avoid a debt collector. Debt collectors are, in general, required by law to tell you certain information about the debt. This is known as validation information or a validation notice. This can help you learn more about  … Read More

Debt collectors cannot try to collect on debts that were discharged in bankruptcy. If you file for bankruptcy, debt collectors are not allowed to continue collection activities while the bankruptcy case is pending. If a debt collector calls and you have filed for bankruptcy, tell the debt collector and your attorney. Once the debt is  … Read More