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Consumer Debt vs. Non Consumer Debt

Sawin & Shea

You may have noticed that we didn’t list student loans in the consumer and non-consumer categories. With consumer debts, co-debtors receive the protection of an automatic stay. Are Student Loans Consumer or Non-Consumer Debts?

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10 Common Questions About Bankruptcy

Debt Free Colorado

There are officially six separate categories of bankruptcy , each designated after a specific section of federal bankruptcy law. This type of bankruptcy enables the debtor to combine their debts, reach an agreement on a lower overall number and submit to a three-to-five-year plan for debt repayment. What Can’t Bankruptcy Do?

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Can I Protect My Home and Personal Property in Bankruptcy?

Sawin & Shea

In Indiana, a debtor filing for Chapter 7 bankruptcy can protect up to $19,300 per person in residential real estate or mobile home. Another route to protecting your home is to use bankruptcy to halt a foreclosure, which is usually possible all the way up to the point of a sheriff’s sale.

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Supreme Court bans debt collection robocalling to cellphones

Public Citizen

Although collecting government debt is no doubt a worthy goal, the Government concedes that it has not sufficiently justified the differentiation between government-debt collection speech and other important categories of robocall speech, such as political speech, charitable fundraising, issue advocacy, commercial advertising, and the like.”.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

On Friday, October 23, Ohio Senate President, Larry Obhof, and Governor Mike DeWine announced the creation of the “Home Relief” program to assist Ohioans facing evictions, foreclosures, and water service shut-offs during the current COVID-19 pandemic. For more information, click here. For more information, click here.

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Avoiding Overshadowing Claims

FDCPA Defense

1989) (“The statute is not satisfied merely by inclusion of the required debt validation notice; the notice Congress required must be conveyed effectively to the debtor. It must be large enough to be easily read and sufficiently prominent to be noticed – even by the least sophisticated debtor. Southern Oregon Credit Servs, Inc. ,

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Bankruptcy Chapter 7 vs 13: Which Is The Best Option?

Debt Free Colorado

While bankruptcy law forces you to sell some assets to repay unsecured creditors, the majority of Americans keep all of their property because of bankruptcy limits on the categories of assets that may be used to settle debts. Chapter 7 bankruptcy is appropriate for unsecured debtors. Disadvantages of Chapter 7 Bankruptcy.