Chapter 7 Bankruptcy: Preserving the “Fresh Start”

Chapter 7 Bankruptcy: Preserving the “Fresh Start” [important]Chapter 7 bankruptcy is well known as a “fresh start” bankruptcy, in that typically all debts are discharged and the Debtor is allowed to start over without the burden of his or her … Read full article

Bankruptcy: Median Income is Falling, Fewer Qualify for Chapter 7

Bankruptcy: Median Income is Falling, Fewer Qualify for Chapter 7 Lower Median Income – Harder to Pass Bankruptcy Means Test As the economy continues to be sluggish and unemployment flourishes the median income of Tennessee and Georgia families has dropped … Read full article

Chapter 7 Bankruptcy : Exceptions to discharge of Debt

Chapter 7 Bankruptcy : Exceptions to discharge of Debt When you file a Chapter 7 bankruptcy does all of your debt get discharged – wiped out? Typically this is the case, all unsecured debt is discharged and any secured debt … Read full article

Bankruptcy : How to Lower Chapter 13 Payments

Bankruptcy : How to Lower Chapter 13 Payments Bankruptcy Attorneys in Chattanooga, Tennessee (TN) Chapter 13 bankruptcy is a court ordered, court supervised plan to repay your debts over a period of 3 to 5 years. When a person files … Read full article

Bankruptcy Trustee Sues Over Fraudulent Transfers

Bankruptcy Trustee Sues Over Fraudulent Transfers A local Bankruptcy Trustee seeks to recover several thousand dollars from relatives and friends of Joe Prebul, owner of the bankrupt Prebul Automotive Group. In five separate lawsuits filed February 19, 2011, Chapter 7 … Read full article

Chapter 13 Bankruptcy Means Test

Means Test Chapter 13 Bankruptcy Are you eligible to file a Chapter 13 bankruptcy? The bankruptcy form titled “Chapter 13 Statement of Current Monthly Income and Calculation of Commitment Period and Disposable Income”. This the means test Chapter 13 bankruptcy. … Read full article