by John Rogers | Aug 9, 2013 | Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Consumer Alerts
No. Liens can be placed on a debtor’s property in many different ways. Some are by agreements, like mortgages and auto liens. Others are by operation of the law, like property tax liens on a debtor’s home. And some liens are to enforce judgments that have been entered...
by John Rogers | Jul 26, 2013 | Consumer Alerts
The collection of old debt that has past the statute of limitations for legal collection by law through collection letters, calls or lawsuits has often been called zombie debt. It is called that because the unsuspecting debtor that may have owed the debt at one time,...
by John Rogers | Jul 22, 2013 | Chapter 13 Bankruptcy, Consumer Alerts, Consumer Bankruptcy Attorney
A discharge is your ultimate goal. It means that you have completed your requirements under your plan and you are relieved of any efforts to collect from any of the creditors you listed in your schedules, other than the creditors paid outside your plan. The discharge...
by John Rogers | Jul 19, 2013 | Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Consumer Alerts
A good question, that I am guessing we will hear much in the next few years. We often heard this question asked when the giant General Motors, once the largest corporation in the world, filed bankruptcy a few years back to deal with its debts. The answer is that...
by John Rogers | Jul 18, 2013 | Chapter 13 Bankruptcy, Consumer Alerts, Consumer Bankruptcy Attorney
Your Order Confirming Plan, signed by the Bankruptcy Judge, states that you may not incur any credit obligations during the life of the plan without the Trustee’s written consent. The only exceptions to act without the Trustee’s written consent would be a serious...
by John Rogers | Jul 16, 2013 | Chapter 13 Bankruptcy, Consumer Alerts
For example, what if I have some emergency? It is important for you not to miss any payments to the Trustee. When you file your Chapter 13, you get the benefit of prohibiting your creditors from taking any action against you. In exchange for that relief, you must...
