Month: April 2021
Determining whether you meet the income limit for Chapter 7
Chapter 7 bankruptcy is also referred to as liquidation bankruptcy. As the name implies, it can require that you sell or liquidate some of your property. It’s faster and more aggressive than Chapter 13 bankruptcy. Thankfully, the equity in your home, your vehicles and certain other personal possessions are at least partially exempt from liquidation
Can a credit card company really garnish your paycheck?
There is a popular saying that you can’t squeeze blood from a stone. When it comes to someone struggling with credit card debt, not being able to squeeze blood from a stone essentially refers to the inability of someone with limited income to meet all of their financial obligations each month. If you only have
Can a company you owe block your personal bankruptcy?
When you can no longer pay your debts, bankruptcy offers you a solution to escape those debts. Those you owe money may not be so enthralled with your decision to file. Does that mean you need to worry about a creditor trying to block your bankruptcy filing? Creditors cannot stop you from filing for personal