10 Benefits Of Chapter 7 Bankruptcy In Las Vegas
Chapter 7 bankruptcy is a legal process that gives individuals and businesses a fresh start by discharging their eligible debts. If you’re facing financial difficulties in Las Vegas, understanding the benefits of Chapter 7 bankruptcy can be crucial. In this article, we’ll delve into ten significant advantages of filing for Chapter 7 bankruptcy in Las […]
Fixing Errors in Your Credit Report Matters
Errors made when it comes to your information are normal but there are errors that need to be corrected and arrested soonest especially when it will affect your credit standing and how lending entities and creditors will look at your creditworthiness. Not only that, these errors may play a vital role in living your life […]
1970s Teen Idol Files for Bankruptcy Protection
Is it hard to file bankruptcy? You bet. Is it hard to file bankruptcy when you have sold of 30 million records? Or starred on a hit television show? Or been a teen heartthrob? Or been featured in books, magazines, trading cards, and lunch boxes? Oh, yeah. David Cassidy, former teen idol and star of […]
“At-Risk” Property during Bankruptcy
Imagine that you sit down with your bankruptcy attorney for an initial consultation. You have worked hard all of your life and have acquired some personal property and real estate. You are scared and have important questions to ask. You start with the most pressing: “What will the trustee take if I file bankruptcy?” The […]
“Real Housewives” Stars Plead Guilty to Bankruptcy Fraud
Just one month before their trial was to begin, Teresa and Joe Giudice entered guilty pleas to bankruptcy fraud, mail fraud and other charges in Newark Federal Court. The two are stars of the Bravo cable channel’s Real Housewives of New Jersey. Bravo channel has not commented whether the Giudices will return for Season 6 […]
“Real Housewives” Stars Indicted on 39 Counts of Fraud
Lying, concealing, or omitting information during bankruptcy can have serious consequences – just ask Joe and Teresa Giudice of New Jersey. Teresa, star of Bravo cable channel’s Real Housewives of New Jersey, recently appeared in court with her husband Joe to answer a federal indictment that that includes 39 counts of fraud. The Giudices made […]
4 Debts That Aren’t Consumer Debts for the Purposes of the Means Test
Most Las Vegas bankruptcy lawyers are not fans of the chapter 7 means test, which was inserted into the bankruptcy code in 2005. The purpose of the test, along with the two financial management courses and other changes to the bankruptcy code, was to frustrate debtors’ ability to discharge their debts. Banks (as always) feared […]
4 Situations in Which a Debtors Bankruptcy Case Can Go Directly to the Circuit Court of Appeals
Most bankruptcies aren’t very complicated. In fact, many are simply no-asset chapter 7 cases, and the remaining chunk—especially in Las Vegas—involve an underwater house. However there are situations when bankruptcy cases will encounter issues that need judicial review by a law court and not a bankruptcy court. For example, we recently covered the Hedlund student […]
3 Things to Know About ‘Domestic Support Obligations’ in Bankruptcy
Family law and bankruptcy go together frequently as it’s common for recently divorced debtors to file bankruptcy as well. It’s an unfortunate stress to heap onto personal family problems, but because wealth often changes hands in divorce—and debts are often created—it’s important to know the relationship between obligations that arise after divorce and bankruptcy. Here […]
4 Things to Consider About Unborn Children and Bankruptcy
One thing that can significantly alter the financial situation of someone considering Las Vegas bankruptcy is having a child. In a time of low wages, raising a family is much harder than it used to be. Consequently, people who have large debts must consider the ramifications of their growing families on their bankruptcies. Here are […]