Category Archives: Chapter 7 Bankruptcy
Do I Need To Pass The Means Test For Bankruptcy?
When you are planning to file for bankruptcy, it is critical to understand what the eligibility requirements are for the type of bankruptcy you are considering and whether you meet those eligibility requirements. There are different eligibility requirements for different chapters of bankruptcy, and then there are distinct requirements depending upon whether the debtor… Read More »
Can I Inherit Property During My Chapter 7 Bankruptcy Case?
If you are planning to file for Chapter 7 bankruptcy as an individual (as opposed to a business), or if you are already in the midst of a Chapter 7 bankruptcy case, you may have learned recently that you will soon inherit property or assets from a loved one. Given that Chapter 7 bankruptcy… Read More »
Does Chapter 7 Bankruptcy Erase All Debts?
If you are considering the possibility of filing for Chapter 7 bankruptcy, you are likely seeking information about whether all of your debts will be erased at the end of your bankruptcy case. Many people assume that liquidation bankruptcies always give debtors a total fresh start—and this is true for many debtors—yet it is… Read More »
Cosigners And Bankruptcy In Chapter 7: What You Should Know
Many debtors who file for Chapter 7 bankruptcy have some debts that are dischargeable but have a cosigner. For example, you might have obtained a motor vehicle loan with help from a co-signer, or you might have obtained a personal loan from a bank with assistance from a co-signer. Co-signers or guarantors are parties… Read More »
Benefits Of Chapter 7 Bankruptcy
When you are considering the possibility of filing for bankruptcy, either as an individual or business, you may be looking at different types of bankruptcy and wondering about your eligibility and the specific benefits that come with a bankruptcy filing. Chapter 7 bankruptcy is a type of bankruptcy that both individual debtors and businesses… Read More »
The Chapter 7 Bankruptcy Alternative: Non-Bankruptcy Debt Workouts
The possibility of filing Chapter 7 bankruptcy can bring anxiety, fear of the unknown, and a feeling of failure. However, the reality is that bankruptcy does just the opposite for those who are able to successfully get relief. Bankruptcy helps get people back on track financially and helps them resolve their debts. Since filing… Read More »
Understanding Chapter 7 Bankruptcy
For many people, debt can be so overwhelming that they may think they have nowhere to turn. For larger amounts of debt, Chapter 7 bankruptcy may be the solution. The best way to navigate the bankruptcy filing laws in Florida is to seek guidance from a team of experienced, knowledgeable West Palm Beach Chapter… Read More »
