Roths Child Law

JANUARY 15, 2024

The discharge of debts at the end of bankruptcy proceedings is often the primary purpose of the process for filers. Individuals who file for personal bankruptcy derive numerous benefits, including an automatic stay that temporarily prevents collection activity. How long does it typically take to achieve that goal?

Bankruptcy 52

Bankruptcy Chapter 7 bankruptcy Unsecured Debt Creditors 52

Jimerson Firm

FEBRUARY 11, 2022

A construction project to a screeching halt when a property owner files for bankruptcy, creating a serious risk of substantial losses for the contractor, as well as subcontractors and suppliers. What Happens When a Property Owner Files for Bankruptcy? The Impact of Bankruptcy on the Construction Contract. See 11 U.S.C. §

Construction 98

Construction Bankruptcy Secured Creditor Debtor 98

ABI

JANUARY 19, 2024

John’s University School of Law American Bankruptcy Institute Law Review Staff Endo Pharmaceuticals (“Endo”) develops, manufactures, markets, and distributes prescription pharmaceutical products. 11] If the automatic stay applied, it would prevent the D.C. Kathleen Gatti St. Circuit Court from hearing the appeal.

Bankruptcy 40

Bankruptcy Manufacturing Debtor Government 40

ABI

JANUARY 19, 2024

John’s University School of Law American Bankruptcy Institute Law Review Staff In Jennings v. 3] On June 6, 2022, the debtor filed for bankruptcy under Chapter 13 of title 11 of the United States Code (the “Bankruptcy Code”) and gave the creditor’s foreclosure counsel notice of the bankruptcy filing. [4]

Foreclosure 40

Foreclosure Debtor Bankruptcy Creditors 40

Sawin & Shea

FEBRUARY 16, 2022

An emergency bankruptcy is a bankruptcy filing method that expedites the filing process to stop creditors and bill collectors from seeking debts from borrowers. Individuals can file an emergency bankruptcy, also known as a skeleton bankruptcy, under Chapter 7 and Chapter 13. When to File an Emergency Bankruptcy.

Bankruptcy 98

Bankruptcy Chapter 13 bankruptcy Repossession Debt collector 98

ABI

JANUARY 28, 2024

John’s University School of Law American Bankruptcy Institute Law Review Staff In Ferrandino & Son, Inc. Sahene Construction L.L.C. ( In re Sahene Construction), the United States Bankruptcy Court for the District of Louisiana held that a non-debtor defendant was not entitled to protection of an automatic stay.

Debtor 40

Debtor Construction Bankruptcy Judgment 40

Troutman Sanders

JANUARY 22, 2024

Court of Appeals for the First Circuit to reverse a district court’s decision finding that a debt collector lacked the requisite knowledge and intent to violate the Fair Debt Collection Practices Act (FDCPA) when it sent a debt-collection communication prior to any knowledge of the debtor’s bankruptcy filing. CICA Collection Agency, Inc.

Debt collector 52

Debt collector Bankruptcy Debtor Fair Debt Collection 52

Sawin & Shea

FEBRUARY 7, 2024

If you’re considering filing for Chapter 7 or Chapter 13 bankruptcy , you need to know how much you should expect to pay for filing fees and other necessary expenses. You may also wonder whether you can file bankruptcy, no money down. It is possible to file for bankruptcy with no money, but only in very limited circumstances.

Bankruptcy 52

Bankruptcy Chapter 13 bankruptcy Chapter 7 bankruptcy Creditors 52

Roths Child Law

OCTOBER 17, 2023

Fortunately, there's a potential remedy available: Chapter 13 bankruptcy. Chapter 13 bankruptcy, often referred to as a "wage earner's plan," allows individuals with regular income to develop a plan to repay all or part of their debts over three to five years.

Chapter 13 bankruptcy 52

Chapter 13 bankruptcy Foreclosure Bankruptcy Collections 52

Sawin & Shea

JUNE 23, 2021

Although filing for bankruptcy can solve many of the issues you are dealing with, ease your stress level, and give you a chance to breathe, it cannot remove all of your worries. If you are contemplating filing for bankruptcy, you are probably overwhelmed with debt that you can’t repay while dealing with creditors.

Bankruptcy 102

Bankruptcy Judgment Creditors Foreclosure 102

Sawin & Shea

NOVEMBER 15, 2022

Bankruptcy is sometimes the best solution for those struggling with overwhelming debt. They fear that other people will find out about their bankruptcy and view them as financially irresponsible. There’s nothing wrong with filing for bankruptcy, but worrying about what other people will think is understandable. Trustee Program.

Chapter 13 bankruptcy 105

Chapter 13 bankruptcy Bankruptcy Garnishment Chapter 7 bankruptcy 105

Sawin & Shea

NOVEMBER 23, 2022

Both being sued by a creditor and bankruptcy can feel like scary situations, but rest assured, filing for bankruptcy can help. Once bankruptcy is filed, whether it’s under Chapter 7 or Chapter 13 , an automatic stay prevents debt collectors from taking further legal action. Does bankruptcy clear lawsuit debt?

Bankruptcy 98

Bankruptcy Garnishment Foreclosure Judgment 98

Roths Child Law

APRIL 14, 2023

One of the primary reasons that you may be thinking about filing for bankruptcy is that you could benefit from the protection afforded by the automatic stay. Have you stopped to think about how your creditors will learn that they have to stop hounding you (with very few exceptions) until your bankruptcy case has been resolved?

Creditors 52

Creditors Bankruptcy Garnishment Foreclosure 52

Roths Child Law

MAY 7, 2023

Are you struggling with overwhelming debt and considering bankruptcy as a way out? If so, you may have heard of Chapter 7 and 13 bankruptcy. Bankruptcy is a legal process that allows individuals or businesses to eliminate or reorganize their debt. On the other hand, Chapter 13 bankruptcy is known as a reorganization bankruptcy.

Chapter 13 bankruptcy 52

Chapter 13 bankruptcy Chapter 7 bankruptcy Bankruptcy Debtor 52

Albuquerque Law

FEBRUARY 6, 2023

As you consider both your assets and debts, you may wonder: will your partner’s financial situation affect yours if they filed bankruptcy in the past? Getting married also does not automatically mean you become responsible for your spouse’s debt as well, such as student loans.

Bankruptcy 75

Bankruptcy Student loans Student Loans Lender 75

ABI

JANUARY 22, 2023

John's University School of Law American Bankruptcy Institute Law Review Staff Section 362 of title 11 of the United States Code (the “Bankruptcy Code”) provides that the filing of a bankruptcy petition results in an automatic stay generally enjoining all actions, including a foreclosure sale, against a debtor or its property. [1]

Foreclosure 40

Foreclosure Debtor Bankruptcy Judgment 40

Troutman Sanders

MARCH 7, 2023

Supreme Court to assert sovereign immunity from suit regarding alleged violations of the automatic stay. The Bankruptcy Code abrogates the sovereign immunity of “governmental units” for numerous provisions, including the automatic stay. In January, the Supreme Court agreed to hear Lac du Flambeau Band v.

Bankruptcy 52

Bankruptcy Chapter 13 bankruptcy Debtor Government 52

FFGN COLLECT NY

JUNE 12, 2022

Are you or your collection attorney attempting debt collection efforts even though the debtor filed for bankruptcy? Enforcing a claim and/or a judgment against an entity or individual who has an active bankruptcy pending or who has received an order discharging them from liability is more than a bad idea. Violating an Automatic Stay.

Debtor 52

Debtor Bankruptcy Collections Law Firms 52

Roths Child Law

MARCH 15, 2023

Especially when someone has a relatively successful career, the sudden loss of their job could put them at elevated risk of personal bankruptcy. Why do some people end up filing for bankruptcy after losing their jobs?

Bankruptcy 96

Bankruptcy Repossession Foreclosure Unsecured Debt 96

Sawin & Shea

JUNE 7, 2023

If you have a co-signer associated with your debt or if you are a co-signer, you need to be aware of how financial liability works and what happens when the primary debtor declares bankruptcy. Fortunately, in this blog, we’ll unpack cosigner responsibilities when it comes to bankruptcy and debt.

Chapter 13 bankruptcy 52

Chapter 13 bankruptcy Chapter 7 bankruptcy Bankruptcy Personal loans 52

Sawin & Shea

JANUARY 18, 2024

Financial challenges can be overwhelming, and seeking relief through Chapter 13 bankruptcy is a viable option for many. As you think about filing bankruptcy, it’s crucial to understand the interaction between Chapter 13 and car loans. Bankruptcy can impact various aspects of your financial life, including existing car loans.

Chapter 13 bankruptcy 52

Chapter 13 bankruptcy Loans Bankruptcy Repossession 52

Roths Child Law

FEBRUARY 19, 2021

Filing for Chapter 7 bankruptcy can be an effective way to eliminate a variety of unsecured business or personal debts. Let’s take a look at some specific reasons why you may want to pursue a liquidation bankruptcy. Typically, you’ll receive a stay of debt collection activities as soon as a judge receives your bankruptcy petition.

Bankruptcy 94

Bankruptcy Chapter 7 bankruptcy Repossession Garnishment 94

Sawin & Shea

MARCH 16, 2021

Stop Debt Collection Efforts with Bankruptcy. Bankruptcy triggers something known as an automatic stay , which prevents debt collectors from continuing to contact you under penalty of law. When the new CFPB rules go into effect, bankruptcy could be the best way to stop creditor harassment. We are ready to help.

Debt collector 98

Debt collector Bankruptcy Creditors Fair Debt Collection 98

Sawin & Shea

SEPTEMBER 13, 2023

When you are struggling to pay your bills, there may come a point where you are faced with deciding between bankruptcy vs foreclosure. If you choose bankruptcy, there are also different options depending on whether you choose a Chapter 13 bankruptcy or a Chapter 7 bankruptcy. Bankruptcy vs. Foreclosure: Which is Worse?

Foreclosure 52

Foreclosure Bankruptcy Chapter 7 bankruptcy Chapter 13 bankruptcy 52

ABI

JANUARY 22, 2023

John's University School of Law American Bankruptcy Institute Law Review Staff Under section 362 of title 11 of the United States Code (the “Bankruptcy Code”), the filing of a bankruptcy petition results in an automatic stay that generally enjoins any creditor from taking any action against a debtor or its property. [1]

Foreclosure 40

Foreclosure Bankruptcy Debtor Creditors 40

Sawin & Shea

APRIL 10, 2024

Chapter 7 bankruptcy is a great financial solution for those struggling with debt, especially unsecured debts. With Chapter 7 bankruptcy, you as the debtor can discharge most unsecured obligations after liquidating nonexempt assets. For experienced bankruptcy lawyers in Indiana, contact Sawin & Shea, LLC.

Chapter 7 bankruptcy 52

Chapter 7 bankruptcy Bankruptcy Debtor Unsecured Creditor 52

Sawin & Shea

FEBRUARY 22, 2023

Fortunately, Chapter 13 bankruptcy offers debt relief and a solution for stopping mortgage servicers from repossessing your home. Saving Your Home From Foreclosure Through Chapter 13 Bankruptcy Chapter 13 bankruptcy offers a solution if you’ve fallen behind on monthly mortgage payments. What Is an Adjustable-Rate Mortgage?

Chapter 13 bankruptcy 72

Chapter 13 bankruptcy Bankruptcy Chapter 7 bankruptcy Debtor 72

Sawin & Shea

AUGUST 30, 2023

What is Bankruptcy? Bankruptcy is an opportunity for someone to forge their way through what seems like an impossible debt-ridden situation and come out the other side. Although businesses can also declare bankruptcy, we will focus on personal bankruptcy in this article. Which Debts Cannot be Discharged in Bankruptcy?

Bankruptcy 52

Bankruptcy Chapter 13 bankruptcy Chapter 7 bankruptcy Unsecured Debt 52

Sawin & Shea

FEBRUARY 1, 2023

The time period leading up to filing for bankruptcy is extremely stressful, as you know. You probably heaved a sigh of relief once you received your case number and were assured that an automatic stay was in effect. Who knows how to get debt collectors to stop calling after bankruptcy? Why would such a thing even happen?

Debt collector 64

Debt collector Bankruptcy Creditors Collection Agent 64

Sawin & Shea

APRIL 17, 2024

Chapter 13 bankruptcy is an invaluable financial tool for those struggling with overwhelming debt, and it can pave the way for a fresh start. Unlike Chapter 7 , Chapter 13 bankruptcy allows you to avoid liquidating your non-exempt assets. What Is a Chapter 13 Bankruptcy Filing?

Chapter 13 bankruptcy 52

Chapter 13 bankruptcy Chapter 7 bankruptcy Bankruptcy Unsecured Debt 52

Roths Child Law

JULY 17, 2023

People are often grateful for the relief provided by the automatic stay that the court grants when they file for bankruptcy. However, the primary purpose of an individual’s bankruptcy process is usually the discharge of someone's eligible unsecured debts.

Chapter 13 bankruptcy 52

Chapter 13 bankruptcy Chapter 7 bankruptcy Bankruptcy Unsecured Debt 52

Sawin & Shea

JULY 6, 2022

A common question we receive from those considering bankruptcy is how it impacts personal guarantees. If you’re considering filing for bankruptcy, you need to consult with a bankruptcy attorney before signing a personal guarantee. Does a Personal Guarantee Survive Bankruptcy? What Is a Personal Guarantee?

Bankruptcy 130

Bankruptcy Chapter 13 bankruptcy Chapter 7 bankruptcy Student loans 130

Sawin & Shea

MAY 26, 2021

If you’re married and considering bankruptcy in Indiana, you’re probably wondering whether you can file alone and how this could impact your spouse. This is one of the most common questions for bankruptcy attorneys. Yes, you can file bankruptcy without your spouse. This is good news for Indiana residents.

Bankruptcy 97

Bankruptcy Chapter 13 bankruptcy Creditors Repossession 97

Roths Child Law

APRIL 1, 2021

Another option is to file for bankruptcy. . By filing for bankruptcy, you’re taking control of your finances. One of the first things you’ll have to determine is which form of bankruptcy you should file. Consumers usually file for either Chapter 7, a liquidation bankruptcy, or Chapter 13, which involves a repayment plan. .

Bankruptcy 98

Bankruptcy Debtor Creditors Collections 98

Consumer Financial Services Law

JANUARY 22, 2021

Background The case arose from four separate chapter 13 bankruptcy cases in which the debtors sought to regain possession of their vehicles from the City of Chicago, which had seized and impounded the vehicles prepetition due to unpaid parking tickets and similar traffic fines. The case, City of Chicago v. Fulton, No. Fulton, No. 11 U.S.C. §

Bankruptcy 40

Bankruptcy Chapter 13 bankruptcy Construction Debtor 40

Credit Corp

MAY 3, 2023

If you decide to file for bankruptcy, you must next decide which type of bankruptcy is right for you. Bankruptcy can be complex, and even a small mistake in how you file can substantially change the outcome of your case. In This Piece Understand the Types of Bankruptcy How Do You Know Which Bankruptcy Type is Right for You?

Chapter 13 bankruptcy 97

Chapter 13 bankruptcy Chapter 7 bankruptcy Bankruptcy Creditors 97

Sawin & Shea

AUGUST 18, 2021

One issue that you may worry about when filing for bankruptcy is whether or not it will affect your employment. In the midst of a stressful financial time when you are having to accept the idea that your finances are changing, it is normal to believe that there is a stigma attached to bankruptcy. Bankruptcy Code (11 U.S.

Bankruptcy 105

Bankruptcy Chapter 7 bankruptcy Chapter 13 bankruptcy Garnishment 105