Articles

BANKRUPTCY FACT SHEET

Who may file a bankruptcy petition?  Any person “unable to pay their debts as they become due” is entitled to the fresh start of a bankruptcy petition.  What types of bankruptcy is available?   There are two types of b...

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CHAPTER 7 BANKRUPTCY TIMELINE

Preparation of Bankruptcy PetitionThe hardest part of a chapter 7 bankruptcy case is the gathering of all the necessary documents for us to prepare your bankruptcy petition.  The bankruptcy petition is a comprehensive summary of all of your asse...

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BANKRUPTCY VOCABULARY

DATE OF FILING:  This is the date your bankruptcy petition is filed.  PRE-PETITION DEBTS:  Debts incurred before the date of filing are “pre-petition debts and included in your bankruptcy case.  Note this is not the date the...

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CHAPTER 7 BANKRUPTCY - REAFFIRMING DEBTS

The reason people file bankruptcy is to get rid of legal liability for their debts. In bankruptcy law terminology, this is called a "discharge." The bankruptcy discharge eliminates your legal obligation to pay most debts, but not all.Some d...

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