Tag Archives: bankruptcy
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If you are thinking about filing for bankruptcy and are the beneficiary of a trust, you’re probably concerned that you will lose your interest in the trust if you file. To determine whether your trust is at risk you must determine a few things. First, is the trust a valid spendthrift trust under the law… Read More »
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Most people who file for bankruptcy relief do so to get rid of their debts. This discharge of their debts allows them to start over financially. However, most clients who visit our office do not know which debts are dischargeable and which may remain after their case is over. These debts that may remain after… Read More »
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The form used for ” means” testing in Chapter 7 cases is nine pages long! It may surprise you to learn that not everyone who files a Chapter 7 case is required to provide the information for each line or each page of the form. Due to policy considerations, some persons such as disabled veterans are eligible to… Read More »