Bankruptcy discharge is a frightening process, but for all the negative connotations around that term, bankruptcy often provides individuals and businesses with a fresh financial start. Perhaps the best aspect of bankruptcy is the discharge, a court order freeing the debtor from personal liability for some debts. It is well worth knowing what a bankruptcy […]
https://www.burrlawoffice.com/wp-content/uploads/2016/12/Burr-Logo-bw.png00Anthony Boddenhttps://www.burrlawoffice.com/wp-content/uploads/2016/12/Burr-Logo-bw.pngAnthony Bodden2025-03-07 09:51:232025-03-07 09:51:23Debts That Cannot Be Erased By Filing for Bankruptcy
You may be considering filing for bankruptcy because you are overwhelmed with debt. Bankruptcy has helped several people get a fresh start on their financial lives, but there are matters that can disqualify you from filing Chapter 7 bankruptcy or Chapter 13 bankruptcy. We will examine those matters below: Debts Previously Discharged in Bankruptcy If […]
https://www.burrlawoffice.com/wp-content/uploads/2016/12/Burr-Logo-bw.png00Anthony Boddenhttps://www.burrlawoffice.com/wp-content/uploads/2016/12/Burr-Logo-bw.pngAnthony Bodden2025-02-05 09:47:102025-03-07 09:49:47Are you disqualified from filing for bankruptcy?
If you’re struggling with a massive amount of debt, Chapter 7 bankruptcy could be a way to reduce or eliminate it and help you get back to normal life. There’s no minimum amount specified in federal bankruptcy law, but bankruptcy should be considered a last resort when all other means to pay back the debt […]
https://www.burrlawoffice.com/wp-content/uploads/2016/12/Burr-Logo-bw.png00Anthony Boddenhttps://www.burrlawoffice.com/wp-content/uploads/2016/12/Burr-Logo-bw.pngAnthony Bodden2025-01-10 09:44:462025-03-07 09:46:48How Much Debt Do I Need To File for Chapter 7 Bankruptcy?
The short answer to the question is it takes anywhere between four to six months for a Chapter 7 bankruptcy to close after the petition has been filed. The reason for the variation in the time table comes down to the complexity of the assets you own, the creditors that you owe, and if corrections […]
https://www.burrlawoffice.com/wp-content/uploads/2016/12/Burr-Logo-bw.png00Anthony Boddenhttps://www.burrlawoffice.com/wp-content/uploads/2016/12/Burr-Logo-bw.pngAnthony Bodden2024-10-10 09:42:242025-03-07 09:44:00How Long Does Chapter 7 Take?
Have you ever opened your utility bill to find an unpleasant surprise? Utility bills can sneak up on you when you least expect it. The good news is that there are laws in place to protect you if utility bills become unaffordable. You have options like payment plans, reduced rates, or, in extreme cases, declaring […]
In times of financial distress, bankruptcy can help people regain control of their finances. However, you should know that not all debts can be discharged in bankruptcy proceedings. This guide examines the debts exempt from bankruptcy under Chapters 7 and 13, shedding light on the limitations and nuances of each chapter. I. Chapter 7 Bankruptcy: […]
https://www.burrlawoffice.com/wp-content/uploads/2016/12/Burr-Logo-bw.png00Anthony Boddenhttps://www.burrlawoffice.com/wp-content/uploads/2016/12/Burr-Logo-bw.pngAnthony Bodden2024-07-08 09:37:342025-03-07 09:39:43What Debts are Exempt from Filing For Bankruptcy?
Debts That Cannot Be Erased By Filing for Bankruptcy
/in Bankruptcy, Chapter 13, Chapter 7 /by Anthony BoddenBankruptcy discharge is a frightening process, but for all the negative connotations around that term, bankruptcy often provides individuals and businesses with a fresh financial start. Perhaps the best aspect of bankruptcy is the discharge, a court order freeing the debtor from personal liability for some debts. It is well worth knowing what a bankruptcy […]
Are you disqualified from filing for bankruptcy?
/in Bankruptcy, Chapter 13, Chapter 7 /by Anthony BoddenYou may be considering filing for bankruptcy because you are overwhelmed with debt. Bankruptcy has helped several people get a fresh start on their financial lives, but there are matters that can disqualify you from filing Chapter 7 bankruptcy or Chapter 13 bankruptcy. We will examine those matters below: Debts Previously Discharged in Bankruptcy If […]
How Much Debt Do I Need To File for Chapter 7 Bankruptcy?
/in Bankruptcy, Chapter 13, Chapter 7 /by Anthony BoddenIf you’re struggling with a massive amount of debt, Chapter 7 bankruptcy could be a way to reduce or eliminate it and help you get back to normal life. There’s no minimum amount specified in federal bankruptcy law, but bankruptcy should be considered a last resort when all other means to pay back the debt […]
How Long Does Chapter 7 Take?
/in Chapter 13, Chapter 7 /by Anthony BoddenThe short answer to the question is it takes anywhere between four to six months for a Chapter 7 bankruptcy to close after the petition has been filed. The reason for the variation in the time table comes down to the complexity of the assets you own, the creditors that you owe, and if corrections […]
Utility Bills & Bankruptcy
/in Bankruptcy, Utility Shutoff /by Anthony BoddenHave you ever opened your utility bill to find an unpleasant surprise? Utility bills can sneak up on you when you least expect it. The good news is that there are laws in place to protect you if utility bills become unaffordable. You have options like payment plans, reduced rates, or, in extreme cases, declaring […]
What Debts are Exempt from Filing For Bankruptcy?
/in Bankruptcy, Chapter 13, Chapter 7 /by Anthony BoddenIn times of financial distress, bankruptcy can help people regain control of their finances. However, you should know that not all debts can be discharged in bankruptcy proceedings. This guide examines the debts exempt from bankruptcy under Chapters 7 and 13, shedding light on the limitations and nuances of each chapter. I. Chapter 7 Bankruptcy: […]