As a general rule, tax debts are not dischargeable in bankruptcy. However, there are limited circumstances when a debtor may…
By freelesson Bankruptcy Means Test
The purpose of the “Means Test” is to help those that are unable to pay their debts seek protection of…
By freelesson Bankruptcy
Property that is generally not part of the bankruptcy estate is property that the bankruptcy trustee cannot take to pay…
By freelesson Bankruptcy Reaffirm
Even though a debtor can voluntarily pay a discharged obligation, the debtor cannot readily revive the obligation to pay it….
By freelesson Bankruptcy Preferential Transfer
One of the principal tenants of bankruptcy is that the process should be fair to creditors. This means that creditors…
By freelesson Automatic Stay Bankruptcy
Upon the filing of your Chapter 7 or 13 Bankruptcy, an automatic stay goes into place which means that most…
By freelesson Bankruptcy Foreclosure
Are you facing foreclosure? One of the options to stop the foreclosure on your home is the filing of bankruptcy….