Blog Posts in November, 2009
Posted on Nov 16, 2009 By Malaise Law Firm
A chapter 13 bankruptcy is also called a "reorganization plan" or a "wage earner's plan." A debtor who files a chapter 13 bankruptcy intends to repay all or part of her debts in installments to ...
Continue reading "What Is Chapter 13 Bankruptcy?" »
Posted on Nov 16, 2009 By Malaise Law Firm
Passing the Means Test The Means Test is a formula designed to identify debtors that can afford to pay some of their unsecured debts (for instance, credit card debt ) and encourage repayment of these ...
Continue reading "Bankruptcy Means Test" »
Posted on Nov 16, 2009 By Malaise Law Firm
The "Co-Debtor Stay," also known as the "Co-Debtor Automatic Stay," is a feature of a Chapter 13 Bankruptcy designed to protect a debtor by insulating him from indirect pressures from his creditors ...
Continue reading "Chapter 13 Co-Debtor Stay" »
Posted on Nov 16, 2009 By Malaise Law Firm
The principal theory of consumer bankruptcy in America is that it provides a "fresh start" to debtors. A prime example of this policy is found in the 1918 Supreme Court case of Stellwagen v. Clum in ...
Continue reading "Bankruptcy's "Fresh Start"" »
Posted on Nov 16, 2009 By Malaise Law Firm
As a general rule, credit card debt is among the easiest type of debt to discharge during a Chapter 7 or Chapter 13 Bankruptcy . However, in some cases credit card companies will dispute the discharge ...
Continue reading "Discharging Credit Card Balances" »
Posted on Nov 16, 2009 By Malaise Law Firm
Payday loan companies prey on individuals experiencing financial difficulties. These lenders offer a short-term loan of a few hundred dollars that will be repaid on the borrower's next payday. To ...
Continue reading "Outstanding Payday Loans During Bankruptcy" »
Posted on Nov 16, 2009 By Malaise Law Firm
If you are paying child support, you may be confused about the effect of a bankruptcy filing on your child support obligation. A bankruptcy filing generally protects the debtor from the collection ...
Continue reading "Bankruptcy and Child Support Obligations" »
Posted on Nov 16, 2009 By Malaise Law Firm
Will Filing Bankruptcy Ruin My Credit? "Will filing bankruptcy ruin my credit?" This is a common question asked by individuals contemplating a bankruptcy filing. Usually this question is answered by ...
Continue reading "Bankruptcy Filing in Texas" »
Posted on Nov 15, 2009 By Malaise Law Firm
Dallas, the third largest city in Texas, is the economic centre of Dallas-Fort Worth-Arlington metropolitan area. Cases of bankruptcy filing, as the statistics reveal, are on the rise in Dallas. ...
Continue reading "Dallas Bankruptcy Attorneys" »