Schedule D lists secured creditors, those creditors who have collateral for their debt that they can repossess or foreclose on. Repossession and foreclosure are the legal methods that allow [...]
Today we start a series on how to complete the various schedules and statements. So far, we’ve discussed the preliminaries, including• Gathering the information needed to file bankruptcy• The [...]
The House has proposed a new $2.2 trillion Covid relief/stimulus package that includes more student loan relief. If you have a student loan, you might be affected. Here are some highlights of the [...]
Among the many choices when someone files bankruptcy is the choice whether to make a full filing or an emergency filing, sometimes called a skeleton filing, because it’s a “bare-bones” type of [...]
For the past three weeks I’ve been writing about filing bankruptcy pro se, or by yourself. We’ve covered what it means to file pro se; the credit counseling requirement; the difference between [...]
When a person fills out Schedules D, E, and F of the bankruptcy forms, she has to categorize her debt so that it gets put on the correct schedule. In order to do that, she must know the [...]
Yesterday we talked about the Means Test and how to fill out Form 122A-1 properly to see if you qualify for Chapter 7. Assuming you do, the next step is to gather all the information needed to [...]
One of the most confusing things about filing bankruptcy is the means test analysis. The Means Test calculates the debtor’s income for purposes of comparing it to the median income but does it in [...]
I’ve written before about filing bankruptcy without a lawyer, and said that while you can file without a lawyer, you shouldn’t. But some people’s situations are such that they [...]
