A personal bankruptcy affects an ownership interest in a small business; though the way it affects that interest depends on the way the business is set up and also on the type of personal bankruptcy f...
In determining what happens to life insurance proceeds in a bankruptcy filing, the first and most important question is whether you are filing a Chapter 7 bankruptcy or a Chapter 13 bankruptcy....
Money rolled over from a pension into an IRA is also protected. However the law limits protection for funds in regular and Roth IRAs to $1,283,025, although this cap can be increased by the bankruptcy...
Whether your home and home equity is protected under the bankruptcy law depends on rules for exempting your home from a forced sale during bankruptcy....
Bankruptcy redemption is an option in a Chapter 7 bankruptcy case that may allow you to keep a vehicle or other asset that is acting as collateral for secured debt. However, redemption may not be an o...
List of Rhode Island bankruptcy exemptions and resources....
While bankruptcy can provide you with a viable option for restructuring and eliminating most debts, not all debts can be handled through a bankruptcy filing. If you are found liable for fraud, then yo...
In general legal terms an "order" is a command entered by a judge instructing parties to take some action or face penalties for violation of the order. A "support order" is an order of a court to pay ...
The term judgment debtor is a legal term used to describe anyone who owes money that the court has ordered him to pay as part of a legal judgment. A judgment debtor can be a person who is ordered to p...
If you have missed payments on your Chapter 13 bankruptcy plan, you need to deal with the situation immediately to avoid the trustee dismissing your case. There are options to help you get back on tra...
When you enter into a Chapter 13 bankruptcy, you create a repayment plan that is approved by both the court and by the creditors. You can pay off your bankruptcy plan early, but whether it's a good id...
Yes, you can convert a Chapter 13 bankruptcy case to Chapter 7 bankruptcy at any time, for any reason, as long as you qualify for a Chapter 7 bankruptcy. You cannot avoid the qualifications for filing...
Debt collectors who call you on your cell phone without your express written consent are violating the Telephone Consumer Protection Act (TCPA). When that happens, you may be entitled to $1,500 per un...
A proof of claim tells the Bankruptcy Court how much a debtor owes a creditor at the time the bankruptcy case is filed. The proof of claim establishes what remedies, if any, you as a creditor will be ...
When you file for bankruptcy, you must list all debts on the appropriate forms. Failure to do so can negatively affect your bankruptcy filing, in some cases resulting in the filing being dismissed and...
When a person or business files for bankruptcy, there's no evidence that it causes the IRS to look at their tax returns more carefully or examine them for fraud. While the question is often asked by t...
It may be possible to keep a credit card after your bankruptcy case is filed and/or discharged. Whether or not you may do this depends on what the credit card company is willing to do and on whether y...
Filing for bankruptcy automatically protects the debtor by providing him with an automatic stay. An automatic stay means the debtor or debtors filing for bankruptcy are legally protected from creditor...
The defendant's bankruptcy acts as an automatic stay of any civil lawsuit against him in every court or administrative agency. Ordinarily, the defendant's attorney will file a Suggestion of Bankruptcy...
A utility company may not shut off service solely because you file bankruptcy or because you owe them money at the time you file bankruptcy. However, if you or the bankruptcy trustee does not give the...
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