When you file for bankruptcy you must attend a 341 hearing before a trustee assigned to your case.
How Does My Income Affect My Qualification for Bankruptcy? Seniors
Being a senior on a fixed income or social security income can help you qualify to file for Chapter 7 bankruptcy.
The 60 Day Deadline to Object to Non-Dischargeability of a Debt is Strict
The 60 Day Deadline to object to the dischargeability of a debt under Section 523 of the bankruptcy code is construed strictly.
Special Considerations for California Seniors Considering Bankruptcy
California seniors are filing for bankruptcy in higher rates. What is driving the increase in seniors filing for bankruptcy in higher rates.
Debt Considerations for California Seniors Filing Bankruptcy
Before filing for bankruptcy senior citizens must consider what assets bankruptcy can protect and what debts it can help to eliminate.
Bankruptcy Court Trumps Federal Arbitration Clause
The Ninth Circuit Court of Appeals found that the bankruptcy court trumps an arbitration clause for the purpose of determining the nondischargeability of a debt.
The Effect of DOMA Being Struck Down – Same-Sex Marriage and Bankruptcy
The benefits and drawbacks in bankruptcy from DOMA being struck down as unconstitutional. How will this benefit same-sex marriages in bankruptcy?
What Are the Drawbacks of a Short Sale?
If you are considering doing a short sale on your home it is important that you understand some of the problems involved in completing a short sale.
Can The Bank Take My Money to Pay My Debt? The Right of Set-Off
Your bank may have the right to withdraw money from your bank account to pay a debt owed to them. This is called a right of set-off.
What Does it Take to Discharge a Student Loan in Bankruptcy?
A new 9th circuit decision on discharging student loans found that the district court erred in weighing the evidence instead of applying the “clearly erroneous” standard.
California Wildcard Exemption in Bankruptcy – How Is it Used?
In California there is a wildcard bankruptcy exemptions that allow you to protect and keep property in bankruptcy. How does this wildcard work?
Famous People Who Have Filed for Bankruptcy
Many famous politicians, entertainers and inventors have faced financial problems and have had to file for bankruptcy protection. List of famous people who have filed for bankruptcy.