Do I Need to File or Re-File my Taxes Prior to Filing for Bankruptcy?

Peter Bricks

Sep 19, 20112 min read

Do I Need to File or Re-File my Taxes Prior to Filing for Bankruptcy?

Tax returns are among the documents required to be provided the Trustee, at least 7 days prior to your 341 Meeting of Creditors, though...

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Bankruptcy Myths Part II: Will I lose my (house, car, etc..) if I do not reaffirm the debt in bankru

Peter Bricks

Jul 19, 20113 min read

Bankruptcy Myths Part II: Will I lose my (house, car, etc..) if I do not reaffirm the debt in bankru

One of the most difficult concepts for debtors to grasp in Chapter 7 bankruptcy is when they need to sign a reaffirmation in bankruptcy,...

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Bankruptcy Myths Part I: Will I lose my (house, car, etc..) if I file Bankruptcy?

Peter Bricks

Jun 30, 20113 min read

Bankruptcy Myths Part I: Will I lose my (house, car, etc..) if I file Bankruptcy?

There are a lot of misconceptions about bankruptcy, and it is absolutely crucial that a debtor separates fiction from reality before...

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Discharge in Bankruptcy: Which Debts Get Wiped Away and Which Do You Still Owe?

Peter Bricks

Jun 21, 20112 min read

Discharge in Bankruptcy: Which Debts Get Wiped Away and Which Do You Still Owe?

Any debtor contemplating filing bankruptcy should ask themselves these most basic questions first- Which of my debts will be discharged...

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Bankruptcy Protection: How Long Must You Wait to File Again?

Peter Bricks

Jun 15, 20113 min read

Bankruptcy Protection: How Long Must You Wait to File Again?

The simple question of How long after bankruptcy can you file again? has a simple answer. The answer is you can always file again...

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Peter Bricks

May 23, 20112 min read

Bankruptcy and Bad Credit Scores: How Does Your Filing Affect Your Future?

Nearly everyone who I consult about a bankruptcy asks me how does bankruptcy affect your credit score? The question is obvious to ask...

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Peter Bricks

May 9, 20112 min read

Planning for Bankruptcy: Be Aware of the Chapter 13 Debt Limits

Chapter 13 bankruptcy is an attractive option to many debtors, particularly those with either disposable income or significant equity...

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Peter Bricks

Apr 24, 20112 min read

Chapter 7 and 13 Differences: Which Bankruptcy Chapter Should You Choose?

While debtors obviously need to first examine the advantage of bankruptcy and then decide if they should even file bankruptcy or not,...

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Peter Bricks

Apr 7, 20112 min read

Bankruptcy and Debt: How Business Debtors Can Avoid the Means Test

The means test for bankruptcy is used by the court to determine whether a debtor(s) has disposable income to pay creditors. Should the...

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Peter Bricks

Mar 17, 20114 min read

Bankruptcy and Divorce: What it Means for Property and Child Support Settlement Agreements

As we covered in a previous divorce blog, there are many factors to be considered by a person who is thinking about filing for bankruptcy...

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Peter Bricks

Feb 3, 20112 min read

Home Mortgage Loan Modification and Bankruptcy: Before, During and After Your Filing

The real estate bubble is one the primary culprits behind the rise in individual bankruptcy filings. Currently an astonishing 22.5% of...

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Peter Bricks

Jan 19, 20114 min read

Bankruptcy and Divorce: Should You File Bankruptcy Before You Get Divorced?

Getting divorced is an emotional hardship. Often times, it is a financial hardship as well. In fact, financial trouble might have been...

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Peter Bricks

Jan 11, 20112 min read

Can (and Should) Only One Spouse File Bankruptcy?

To the question of whether can only one spouse declare bankruptcy, the answer is yes. However, it is important to delve into not only...

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Peter Bricks

Jan 6, 20114 min read

Bankruptcy Proof of Claim: Why it is Important

When most people hear someone is filing bankruptcy, they often think the debtor has virtually no assets to speak of. While that may be...

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Peter Bricks

Dec 27, 20102 min read

Georgia Bankruptcy Cases: Which Court Do You File?

Bankruptcy is a federal law. As such, when someone files bankruptcy, they do so in federal court. That being said, there are plenty of...

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Peter Bricks

Dec 23, 20102 min read

Which Celebrities Filed Bankruptcy in 2010?

Anyone who has filed for bankruptcy protection before often seeks comfort in knowing they are not alone in their financial situation....

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Peter Bricks

Dec 17, 20103 min read

Homeowners Association Dues: Can They be Discharged in Bankruptcy?

One of the primary reasons people file bankruptcy nowadays is some kind of issue with the real estate they own. And when a debtor falls...

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Peter Bricks

Dec 2, 20103 min read

What is a “Preference” in Bankruptcy?

One of the questions on the Statement of Financial Affairs on your bankruptcy petition asks if you have paid any creditor more than $600...

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Peter Bricks

Nov 15, 20103 min read

Deficiency Judgment After Foreclosure: Can a Lender Still Sue You in Georgia After Taking Your Home?

Seemingly the most common reason people file bankruptcy today is due to real estate. Debtors who are behind on their mortgage are...

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Peter Bricks

Oct 26, 20103 min read

Home Short Sale After Chapter 7 Bankruptcy: Why They Often Dont Go Together

I am often surprised how many chapter 7 bankruptcy debtors who want to file bankruptcy just before a foreclosure sale to stop the sale,...

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