You have most likely heard the term “garnishment.” This is when a creditor takes back the debt it is owed, typically by claiming a portion of a debtor’s wages.
If you have received notice of a creditor seeking a money judgment, you’ll want to know what it is, as well as understand what you need to do next.
If a creditor seeks tofile a judgment against you you’ll want to know what that means and what to do. Below we discuss judgments and what to do if you are facing one.
Debtors will often go to the extreme in order to clear their names of debt. This often means committing bankruptcy fraud in an attempt to clear debt, or make money.
Extreme debt can feel overwhelming, but can be made even more stressful when people are seeking to collect money from you.
Often times debtors will file an emergency bankruptcy file as a quick method for invoking an automatic stay. Often times a debtor will need the protection of an automatic stay immediately, and thus not have the time to wait to complete the majority of necessary bankruptcy forms.
One of the hardest things debtor’s face when dealing with debt is the question of how they are going to pay for simple services, such as gas and electricity.
Buffets LLC, the owner of Hometown Buffet, Fire Mountain, and several other restaurant chains has filed for Chapter 11 bankruptcy. This is the third business of its type that has filed for bankruptcy protection in less than a decade.
Bankruptcy is often painted in an unfair light, but there is little truth to the bankruptcy myths that you might have heard.
In all forms of bankruptcy, a bankruptcy trustee typically oversees the bankruptcy filing. Below we discuss what a bankruptcy trustee oversees specifically in a Chapter 13 bankruptcy filing.