FEDERAL STUDENT LOAN PAYMENT PAUSE ENDS
The Payment Pause on Federal Student Loans is finally coming to an end. The Payment Pause began in Spring 2020. The Payment Pause has been extended a number of times. …
ARE INCOME TAXES DISCHARGED IN BANKRUPTCY?
Often bankruptcy clients believe they will be stuck with their income tax debt after filing bankruptcy. That is not always the case. You may discharge income taxes in bankruptcy. However,…
What Happens to My Tax Refund When I File Bankruptcy?
A tax refund is simply money owed to you by the IRS. Therefore, your tax refund is an asset that can be used to pay your creditors unless exempted. Necessary Living…
WHAT HAPPENS TO AN EVICTION PROCEEDING WHEN I FILE BANKRUPTCY?
Chapter 7 Bankruptcy Upon filing a Bankruptcy Case the automatic stay arises. The automatic stay stops nearly all debt collection efforts by creditors. However, the automatic stay may expire as…
WHAT HAPPENS TO MY CAR IN BANKRUPTCY – PART 2
We previously addressed what happens to your vehicle in bankruptcy from the liquidation perspective – is there unprotected equity? This time we will discuss your bankruptcy options regarding your auto…
Discharging Income Taxes in Chapter 7 Bankruptcy
Income taxes are discharged in a Chapter 7 Bankruptcy unless excepted from the discharge under 11 U.S.C. Section 523(a)(1). There are a number of requirements in Section 523 which may…
Head of Family Exemption
The Head of Family Exemption may be used to protect both wages and bank account funds from garnishment. However, application of the exemption is not straightforward. The following explains how…
COVID-19 BANKRUPTCY RELIEF EXTENSION ACT AND CHAPTER 13 BANKRUPTCY
The COVID-19 Bankruptcy Relief Extension Act was passed on March 27, 2021. The act extends a umber of bankruptcy related provisions contained in the Coronvirus Aid, Relief, and Economic Security…
BANK ACCOUNT GARNISHED?
Your bank account has been frozen but you don’t know why. Now you find out that the account has been garnished. You have options. It is not the end of…
National Eviction and Foreclosure Moratorium Update
National Eviction Moratorium President Biden signed an executive order direct the CDC to extend its Eviction Moratorium through March 31, 2021. The moratorium was set to expire at the end…
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