Often times a person who files Chapter 7 has a home mortgage. Sometimes a first and second mortgage. The client is current on the monthly mortgage. They ask: “Should I reaffirm my mortgage”? Lawyers who represent Chapter 7 individuals say “No”. This includes my firm, Robert J. Adams & Associates. In the final analysis the choice is […]
Should I Reaffirm My Mortgage In Chapter 7 Bankruptcy? Read Post »
Chapter 7 Mortgage VideoBankruptcy can disrupt your life. It can bring about changes that you never planned on. And for many people who live outside major cities with excellent public transportation options, a car is their connection to food and work. Giving up your car in a bankruptcy can be a difficult decision, but you do have choices.
Should I Reaffirm My Automobile Debt In Chapter 7? Read Post »
Automobile Car Chapter 7 VideoEach of these is a common question I am asked. First, spouses may join in Chapter 7. It is called a joint case. Second, spouses are not required to join in Chapter 7. SHOULD SPOUSES JOIN TOGETHER IN CHAPTER 7? It is a good idea if each spouse has a lot of debts, especially joint debts.
Can My Spouse File A Joint Chapter 7 With Me? Read Post »
Chapter 7 Spouse VideoThe current filing fee is $335.00. WHAT IF I DON’T HAVE ENTIRE THE $335 OR ANY OF IT? The filing fee can be paid in installments, up to 4 months. WHAT IS THE FILING FEE? It is the amount the Courts has determined what is necessary to administer Chapter 7 cases. In my opinion it is too
How Much Is The Filing Fee In A Chapter 7 Case? Read Post »
Chapter 7 Fees VideoThe issue of bankruptcy is a serious one, one that needs to be considered from all angles. Many people facing bankruptcy don’t know what to expect, and most everyone feels anxiety about the process and its impact on their lives. But bankruptcy can be a great solution for some, when financial stress has become overwhelming.
How Long Does A Chapter 7 Bankruptcy Take? – What To Expect Read Post »
Bankruptcy Chapter 7Some people are afraid to file their income tax returns. Why? One fear is that creditors will take it. First of all, private collectors can’t take or garnish your Income Tax refund. Who can? The Federal Government and state government agencies What about a judgment against me for a credit card? They can’t take your
It Is Income Tax Refund Time. Who Can Take It From Me? Read Post »
Income Tax VideoThere are possible tax deductions in your Chapter 13 The most common: GO BACK TO PRIOR TAX YEARS Tax returns are generally amendable for 3 years. Disclaimer: Robert J Adams & Associates concentrate our practice in bankruptcy law. We are neither accountants nor income tax experts. Defer to your income tax professional. If you or a
Hidden Tax Deductions in Chapter 13 Read Post »
Chapter 13 Taxes VideoELIMINATING TAX DEBT IN BANKRUPTCY The following set out the rules to discharge an IRS debt in Bankruptcy: You can get your IRS transcripts by going to Get Transcript FAQs When I explain the above mentioned rules to clients they look at me glassy eyed. I don’t blame them. The rules are legalistic and confusing. For
Can I Discharge IRS Taxes In Bankruptcy? Read Post »
IRS Taxes VideoWe are offering to file chapter 7 bankruptcy for as low as $600, plus the filing fee. We can even do installment payments on our attorney’s fees if necessary. As far as chapter 13, for qualifying wage earners, we can file for a very low down payment. Sometimes Do You Find That What Keeps People From Even
What Is The Current Bankruptcy Offer On Your Website? Read Post »
Bankruptcy VideoMoney is already tight. How are you going to pay your other bills when a creditor is grabbing a big chunk of every paycheck? Garnishment only creates more stress and new financial problems. You CAN do something. Filing for bankruptcy will prevent wage garnishment or stop those creditors from taking any more of your money.
Wage Garnishment and Liens Read Post »
Garnishments Liens Video Wages