Tag Archives: bankruptcy

Filing for Bankruptcy and the Bankruptcy Code

When filing bankruptcy initiates an automatic stay which means that creditors are essentially put on hold. They can no longer take steps to collect the owed money. The court clerk will give the petitioner a docket number or case number … Continue reading

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Changes To Bankruptcy Make Filing Tougher

When filing Chapter 13 or Chapter 7 bankruptcy, debtors must perform their intent to surrender, reaffirm, or redeem debt secured by property of the estate within 30 days after the first date set for the meeting of creditors. There are … Continue reading

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