Your income may play a major role in Chapter 7 bankruptcy qualification. The exact qualification can be complex given the following reasons: So, the income limits for Chapter 7 qualification is complicated. The goal of this article is to simply for the income limits for you and provide state articles that can provide further clarity. We will […]
How Does Chapter 7 Bankruptcy Means Test and Income Limits Work? Read More »
Your income may play a major role in Chapter 7 bankruptcy qualification. The exact qualification can be complex given the following reasons: So, the income limits for Chapter 7 qualification is complicated. The goal of this article is to simply for the income limits for you and provide state articles that can provide further clarity. How Chapter
Understand Chapter 7 Bankruptcy Income Limits By State For Qualification Read More »
Your increased or decreased income could affect your Chapter 13 bankruptcy. When filing a Chapter 13 bankruptcy case (not to be mistaken with Chapter 7), your household income may be considered when calculating your Chapter 13 plan payment. Most people rely on employment as their sole source of income. So, their Chapter 13 repayment plan is based on their
What Happens When I Get an Increase in Income Under Chapter 13 Bankruptcy? Read More »
We have all had times where money has felt scarce and impending payments seemed overwhelming, and bankruptcy can seem daunting. Can it provide future solvency? Let’s find out. While we can usually come out from those circumstances unscathed, there are times when we have to admit that we need help. This may be one of those times, and
What is Chapter 13 Bankruptcy? 4 Things You Need to Know Read More »
Truck and Car Repossessions Are Up. How Do You Protect Yourself? If you have fallen behind on your auto loan, it’s important to understand how car repossession laws may help. After all, having your car repossessed could be disastrous to your finances, especially if you need your vehicle to get to and from your job.
Car Repossession Laws Read More »
If you’re a small business owner, it may seem like every day brings new challenges. One of the biggest is managing cash flow and loans. If your business is new in the market, you may not realize how important this is until you start growing and expanding. For example, let’s say that your business is investing in
6 Business Strategies to Manage Cash Flow and Debt Read More »
Some links on this site are for services for which we may earn a commission. This helps us keep the information on this site free. Also keep in mind this information is educational, and is not a substitute for legal advice. Being sued for a debt can be terrifying. But did you know that the
Are You Being Sued By a Debt Collector? Read More »
Will I lose everything if I file for bankruptcy? No, you will not lose everything if you file for bankruptcy. Bankruptcy exemptions help protect at least some property. The Founding Fathers did not envision bankruptcy as a punishment for owing more debt than you can afford to pay. They understood that good people can go
Bankruptcy Exemptions Read More »
Talking with a bankruptcy attorney can be extremely helpful if you are dealing with debt collectors. An attorney can answer some of those “what if” questions that are probably keeping you up at night. You know, questions like: We’ve found that many of our readers have waited too long to get legal advice, and made costly mistakes
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All information is for educational purposes only. Did you see a WAGE ATT 1 via UPS on your paycheck and wonder why funds are being taken? Wage garnishment can be debilitating, especially if you are already living check to check. What happens if you find your wages garnished without notice? In most cases, your employer
Can I get My Wages Garnished Without Notice? Read More »