Sawin & Shea

SEPTEMBER 27, 2023

In this article, we will walk you through Indiana debt collection laws and some of the many exemptions that help you keep your personal, real, or intangible assets when you file for a Chapter 7 in the State of Indiana. What is Chapter 7 Bankruptcy? The post What Can I Keep if I File For Chapter 7 Bankruptcy?

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Roths Child Law

JULY 12, 2023

For example, a Chapter 7 to another Chapter 7 bankruptcy typically has an 8-year wait time. Or, a Chapter 7 to a Chapter 13 bankruptcy may require people to wait 4 years. What is liquidation bankruptcy? Liquidation bankruptcy is another name for Chapter 7 bankruptcy.

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Debt Free Colorado

JANUARY 20, 2024

Quick Summary: Healthcare-related debts such as medical bills become dischargeable through bankruptcy (Chapter 7 and 13). Chapter 7 offers discharge for eligible medical bills. But it can involve asset liquidation, and the discharge is independent of such sales.

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Debt Free Colorado

DECEMBER 23, 2024

However, because assets do not secure these debts, bankruptcy may help eliminate them. To qualify for Chapter 7 bankruptcy, debtors must pass a means test that compares their income to their state’s median income. When you file for bankruptcy, you enter a legal process.

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Debt Free Colorado

OCTOBER 25, 2024

There are three types of bankruptcy relevant to businesses: Chapter 7: Liquidation Chapter 7 bankruptcy is often called liquidation bankruptcy. This type of bankruptcy is often chosen when a business needs to close its doors.

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