Well, it’s awesome.

No.

First, as to bankruptcy, once you file it, it stops collections from your creditors AFTER you file bankruptcy.

Kind of, maybe, but it’s a little complicated.

Short answer:

As I was walking towards court today for chapter 13 bankruptcy 341 Meetings, I was greeted by this charming fellow.

No.

Bankruptcy discharges your financial obligations to creditors for debts such as medical bills and credit cards.

Use an online tax estimator.

Remember that in bankruptcy, we want to file a chapter 7 case AFTER you have received and spent your tax refund.

No.

Barely.

My children are used to our Decembers being a little on the lean side since people don’t file bankruptcy right before Christmas unless they have a dire emergency.

First:

Yep.

I was reading an article that just came out on the ACA International website (Association of Credit and Collection Professionals) that showed that nationwide, bankruptcy filings in November were 16% lower than November of last year (2013).