by Chris Williams | Aug 19, 2021 | Chapter 7 Bankruptcy
The goal of most bankruptcy cases is to receive a discharge of your debts. The Bankruptcy Code provides that a debt is discharged unless excepted from discharge under 11 U.S.C. § 523. The exceptions to discharge are lengthy, but let’s go over some of the most common...
by Chris Williams | Aug 12, 2021 | Chapter 7 Bankruptcy
Deciding to file a bankruptcy case depends on many factors: the amount of debt you owe, whether lawsuits have been filed, whether a garnishment is active, and whether you own unprotected property all come into play. As a preliminary answer, the bankruptcy code...
by Chris Williams | Aug 4, 2021 | Chapter 13 Bankruptcy
A Chapter 13 bankruptcy has similar goals to a Chapter 7. The ultimate goal of both is to discharge debt and provide the honest, but unfortunate Debtor with a fresh financial start. But the Chapter 13 bankruptcy is a three-to-five-year payment plan, whereas most...
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