Bankruptcy Law Prohibits Discrimination

The Bankruptcy Code includes anti-discrimination sections prohibiting discrimination against a debtor who files for bankruptcy.  The Bankruptcy Code was enacted to help the honest debtor in need of a fresh start. The Code would not be able to provide the fresh start to debtors if filing for bankruptcy would cause debtors to be discriminated against.  […]

Wage Garnishment and Bank Account Restraints

If a creditor is successful in suing a debtor and obtains a judgment against the debtor, the creditor has options to collect the money owed to them on the judgment.  Two common methods of collection are wage garnishment and bank account restraints. Wage garnishment occurs when an employer is required to withhold the earnings of […]

What To Do If You Cannot Pay Your Bills

People contemplating bankruptcy generally cannot afford to pay off the various debts they have accrued.  However, bankruptcy has significant consequences.  As a result, there are some steps debtors can take to try to improve a bleak financial situation before making the decision to begin the bankruptcy process. If you can only afford to keep up […]

Consumer Credit Counseling

If you plan to file for bankruptcy, you are required to participate in consumer credit counseling from a government approved agency within 180 days of the filing. Pre-bankruptcy counseling is designated to ensure that the debtor is an appropriate candidate for bankruptcy.  The counseling session should include an evaluation of the debtor’s personal financial situation, […]

Bankruptcy Alternatives

There are several myths about bankruptcy and the perils of filing.  However, bankruptcy is often the best option for many debtors.  Nonetheless, each individual contemplating obtaining debt relief through bankruptcy, should seek the advice of an attorney to determine if bankruptcy is in his or her best interest. Bankruptcy may seem like an attractive option […]