Chapter 7

  • Bankruptcy and Credit Card Debt

    … legal options for managing debt and changing your entire financial situation. Experienced Missouri attorney Kenneth P. Carp can help determine what financial options are right for your particular situation. Call (636) 947-3600 or contact us online to schedule your consultation. With the right financial options, you can improve your credit score and financial health for years to come. The post Bankruptcy and Credit Card Debt appeared first on The Law Offices of Kenneth P. Carp. … 17 readers -
  • What is an Insider Payment?

    … that money as a preferential transfer, you may be able to offer to pay the chapter 7 trustee a lump sum directly instead of having her file an adversary proceeding against your Dad. Chapter 13 Trustee The chapter 13 trustee will require that you pay your unsecured creditors in your plan the same amount that you paid to insider(s) within one year…

    Mary Pool/ Bond and Botes- 10 readers -
  • Bankruptcy Options for Small Businesses

    … that is commonly used by large-scale corporations and not startups or small businesses. Find Out How a St. Louis and St. Charles Bankruptcy Attorney Can Help You If you would like more information about either personal or business bankruptcy, do not hesitate to call our bankruptcy lawyer at the Law Offices of Kenneth P. Carp. We are here to help you… 10 readers -
  • Will I Lose All of My Assets if I File for Chapter 7 Bankruptcy?

    … Many people who look into Chapter 7 bankruptcy as a way to eliminate their debts are immediately concerned that they will lose all of their assets if they file. This concern is understandable, due to the fact that filing for Chapter 7 involves the liquidation of all of a person’s nonexempt assets in order to pay off creditors. As a result… 27 readers -
  • Todd Chrisley’s Bankruptcy Trustee Withdraws Motion for Contempt

    … Todd Chrisley, the star of Chrisley Knows Best filed a chapter 7 bankruptcy in August 2012. The Chapter 7 Trustee who administered Chrisley’s bankruptcy estate filed an adversary proceeding in February 2014 asserting Chrisley had not disclosed all of his assets and transferred assets to his wife prior to the filing of the bankruptcy. [i…

    Cynthia Lawson/ Bond and Botes- 16 readers -
  • Conversion to Chapter 7 Bankruptcy

    … At this time of year in particular, we often see a large number of Chapter 13 clients that are considering converting to a Chapter 7 case. At the start of the New Year, people often re-evaluate where they are financially, and with many people receiving their income tax refunds this can be a great time to make a new financial start with a Chapter…

    Nick Gajewski/ Bond and Botes- 18 readers -
  • Getting From Point A to Point B With Money

    …. The least popular option for getting out of debt is, for the most part, the cheaper, better, and faster way to get out of debt; Bankruptcy. If you haven’t already clicked on the links in the second paragraph, take a moment now to do it. In those articles, I run through the math on the savings by pointing out that someone who files a Chapter 7 bankruptcy…

    Christine Kingston/ Los Angeles Bankruptcy Law Monitor- 25 readers -
  • Should You File Chapter 7 or Chapter 13 if You Owe an Ex-Spouse?

    … Should You File Chapter 7 or Chapter 13 if You Owe an Ex-Spouse? Posted on Jun 23, 2016 By Heather Banks June 23, 2016 by Heather Banks Before deciding if a debt can be discharged in a bankruptcy, it must be determined whether the debt is a type that can or cannot be discharged. This sounds simple enough but when it comes to divorce…

    Bond and Botes- 18 readers -
  • Will Filing Bankruptcy Affect Your Employment?

    … is garnishing your wages, your employer will receive notification to stop the garnishment due to your bankruptcy filing. If you file a chapter 7 bankruptcy, there is usually no need for the court to notify your employer. Certain employers, however, may require disclosure for such jobs that require a security clearance and, as such, you should…

    Amy Tanner/ Bond and Botes- 24 readers -
  • Let’s Make A Deal; Debt Collectors!

    … the validity of the debt from your credit report; or the third party collector will not provide the information to you over the telephone. Time Barred Debt Collections The Creditors don’t want you to be informed, but with the internet, information about time limits that creditors have to sue you to collect on a debt is known as the Statute…

    Christine Kingston/ Los Angeles Bankruptcy Law Monitor- 32 readers -
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