First off, stop comparing yourself to your neighbors.
Monthly Archives: October 2014
What are the current debt limits for a chapter 13 bankruptcy in 2014?
Do you really think that Fu Mancu mustache makes you look like a cowboy?
Okay, this isn’t quite a bankruptcy question, but I had a client keep staring at me in court yesterday until they approached me and asked if I was Robert Payne.
It is Halloween in two days, and my two year old is a cowboy (a sheriff), and I am a bad guy cowboy that will be taking him out trick-or-treating.
What happens if I “forget” to list my personal injury lawsuit in my bankruptcy?
You may lose the right to ever go to trial or settle that personal injury (“PI”) suit.
In bankruptcy, you are required to list every asset you have, including equitable interests and possible and/or pending lawsuits against third parties.
All of our assets are in my wife’s name. Am I okay to file bankruptcy?
Probably not, unless you are recently married, have lots of secured debt, or have inherited property.
On the day we file bankruptcy, we list all of your personal and real property.
I need to file bankruptcy now but my attorney wants me to wait for my tax refund. How early can I file my 2014 taxes?
Probably January 31st of next year.
According to a US News and World Report article last year, the IRS was keeping the earliest tax filing date at January 31st.
Do I need 3% or 20% down to buy a house after the Dodd-Frank mortgage law?
I have enough equity in my home to pay off my creditors. Should I file bankruptcy instead?
Honestly, if you have the means to pay your creditors off, then you should do so.
If a creditor already has a judgment against me, is it too late to file bankruptcy?
In bankruptcy, there are two big categories of debts:
I just totalled my car that has a title loan on it. Do I have to give them the insurance payoff check?
I have a client who filed a chapter 7 bankruptcy.