Tag Archives: Chapter 7 bankruptcy
-
Many social security income (SSI) recipients question whether or not their monthly SSI will keep them from being able to file for Ch. 7 bankruptcy. The answer, as with most bankruptcy filings, will depend on each specific case. The Courts have ruled that SSI does not have to be included when calculating an individual’s means… Read More »
-
People struggling with debt often too easily discount the possibility of negotiating with their creditors. To them, the bargaining power seems so unequal that they cannot comprehend why their creditors would ever be willing to negotiate. However, it is easy to forget that creditors have quite a bit to lose in bankruptcy as well. Sometimes… Read More »
-
There are a lot of things you and your bankruptcy attorney can do to help the process move as smoothly as possible. Unfortunately, however, not everything is within your control. Depending on the type of bankruptcy relief you seek, your creditors can play a significant role and can even take actions to hold up the… Read More »