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Recent Posts in Chapter 7 Bankruptcy Category

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Your Foreclosure Relief Options

More and more people are turning to Texas bankruptcy attorneys to help them avoid foreclosure. By filing for bankruptcy, you can save your home and get back on track financially. Whether you are ...
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Hip Hop Musician Files for Chapter 7

Think that all rappers are rolling in the dough? Think again. One once-famous rapper did not take care of his finances and has had to file for Chapter 7 bankruptcy as a result. According to the latest ...
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Filing for Bankruptcy Isn't Always Easy

If you think that filing for business bankruptcy is an easy process, think again. You could spend months or even years fighting just to have your case considered, and once it is approved for review, ...
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Man Leaving Jail Only to Face Bankruptcy

One man, who is scheduled to be released from prison later this month, will exit only to face a possibly long bankruptcy case. The former car dealership owner instructed his lawyer to file for Chapter ...
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Don't Stop Paying Your Debt before Speaking with an Attorney

Are you considering filing for bankruptcy in Texas? If so, don't stop paying your creditors just yet. Even if you file for Chapter 7 bankruptcy and are successful in being approved for it, you ...
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Chapter 7 Filers Can Pay Back Debts if They Choose

Although it is rare, a debtor is allowed to pay back a debt that has been successfully discharged in a Chapter 7 bankruptcy case. Why would someone want to do this? In nearly all cases, debtors are ...
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What is a Co-Debtor Stay?

A co-debtor stay is a feature of Chapter 13 bankruptcy that is sometimes also referred to as a co-debtor automatic stay. Under a co-debtor stay, anyone who has cosigned loans or in any other way ...
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Resort Files for Chapter 7

With ski season right around the corner, one company isn't too happy about filing for Chapter 7 bankruptcy this month. The company, which owns a private golf and ski community, announced its ...
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Chapter 7 and Debt Discharge

When a person files for Chapter 7 bankruptcy , the bankruptcy court might discharge some or even all of that person's debts. When a court discharges a debt that basically means that the debt is ...
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Bankruptcy and Tax Debt

If you are considering filing for bankruptcy to avoid paying tax debts, think again: neither Chapter 7 nor Chapter 13 bankruptcy will allow you to discharge tax debts unless you have special ...
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Theater Pursues Chapter 7 Filing

While businesses across the country have been closing their doors for good, a long-standing theater company in Florida joins their ranks. A community was saddened to learn that the company, located in ...
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Financial Guru Files Chapter 7

The man who once referred to himself as a "troubleshooter" clearly did not take his own advice regarding finances. Last week, the advice guru filed for Chapter 7 bankruptcy , listing a ...
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Chapter 7 Requirements

If you are on the verge of filing for Chapter 7 bankruptcy , it is important to first understand what the process involves. You must first complete a petition in which you ask the court to consider ...
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Chapter 7 Takes an Average of 5 to 6 Months to Complete

While bankruptcy may seem intimidating at first, there are ways to make your consumer bankruptcy easier and more expedient. In fact, by filing for Chapter 7 bankruptcy , you could have completed the ...
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Bankruptcy Filings Decline in Connecticut

When it comes to bankruptcy, more and more people are casting aside their concerns about social stigmas and filing for financial protection every day. Due to a serious economic decline and high ...
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Post-Filing Debt and Your Bankruptcy

When you file for Chapter 7 bankruptcy , one of the most important parts of qualifying is showing and justifying your debts. This includes all debts incurred up to the date that your bankruptcy is ...
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Court Coverts Chapter 11 to Chapter 7 in Local Case

Sometimes the court will decide which type of bankruptcy you are eligible for, as is the case in the story below. If you have questions about bankruptcy, contact the Malaise Law Firm to get answers ...
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Situations That May Trigger More Involvment From Your Bankruptcy Trustee

When you file for Chapter 7 bankruptcy , you will be assigned a U.S. Trustee to oversee your case. While this person will mostly remain hands-off during the process, there are certain situations that ...
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Failed Judgment Leads to Bankruptcy Filing

After a federal judgment didn't go as planned, Patricia Kluge has decided to file for Chapter 7 bankruptcy along with her husband. After negotiations with their three banks were unsuccessful, Kluge ...
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Home Lind Inds. Forced to File Chapter 7

After falling way behind on their payments, Home Lind Inds. was forced to file for Chapter 7 bankruptcy by three of its creditors. The involuntary petition was entered into the U.S. District Court in ...
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Chapter 7 & Your Credit Card Debt

Are you considering bankruptcy but wondering how it will affect your credit card debt ? Depending on the type of bankruptcy that you file for, it can affect your debt in different ways. In most cases, ...
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Former Quarterback May Lose Superbowl Rings during Bankruptcy

Another sports star finds himself in the news, this time for bankruptcy . Charlie Batch, famed quarterback for the Pittsburgh Steelers, learned from a judge in Pennsylvania that he may lose his two ...
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Leroy Waters Lied About Income during Chapter 13 Proceedings

Leroy Waters is up to his nose in debt and could now be facing extra charges of lying about his income during his Chapter 13 bankruptcy filing. He has already pleaded not guilty to the five counts of ...
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Doug Pielsticker's Files for Chapter 7

Doug Pielsticker went before the U.S. Bankruptcy Court for the Northern District of Texas this week to file for Chapter 7 bankruptcy . As the former president and CEO of Arrow Trucking Pielsticker has ...
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Knowing the Benefits fo Chapter 7 Bankruptcy

Although filing for bankruptcy can be a difficult decision it is important to know that there are benefits to filing for Chapter 7 bankruptcy . If you qualify for this type of bankruptcy then you can ...
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