By Jeff Field | Published October 27, 2025 | Posted in Bankruptcy | Tagged Tags: chapter 7, debtor, exemptions | Leave a comment
Saving Family Heirlooms in a Bankruptcy
Chapter 7 bankruptcy gives people with serious money problems the chance to discharge their non-exempt debts and make a new start without being hassled by creditors. This can be life-changing for many individuals and families. However, there is the possibility that certain assets owned by a Chapter 7 filer will be liquidated. This means that Read More
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Bipartisan Senate Plan Would Raise Chapter 13 Debt Limit
Inflation, high real estate costs and other factors can increase the amount of debt that someone carries, even if they are earning a steady income. When someone in this position requires assistance to stop creditor harassment, a Chapter 13 repayment plan is often the best solution. Under this program, a debtor is protected against collection Read More
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Crowdfunding Campaign Proceeds Might be Liquidated in a Bankruptcy Proceeding
During medical crises and other periods of intense financial hardship, many families now turn to crowdfunding campaigns. Using popular websites such as GoFundMe and GiveSendGo, loved ones, friends and even strangers can contribute in order to help relieve someone’s debt burden. Of course, these efforts often fail to provide the full amount needed to pay Read More
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What Happens When a Creditor Violates the Automatic Stay?
Filing for bankruptcy protection is often the right solution for people faced with unmanageable debt. With the right guidance, a Chapter 7 or Chapter 13 proceeding might provide the long-term financial stability that you deserve. You also receive an immediate benefit that should make your life much easier. Once you file, the court issues an Read More
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