Like the old Wide World of sports, spanning the globe for bankruptcy news this week. Hide Your Assets? Speaking of boats in trouble – see mine in the picture. A luxury cruise ship that was scheduled to dock in Miami this past weekend made a...
The post Bankruptcy This and That appeared first on Detroit Bankruptcy Lawyer Kurt O'Keefe.
Everyone wants Happy Holidays for the family. So the denial builds as the presents and food and beverages are purchased in November and December. And the bills come in January and February. Oh-Oh! How Did I Get Here? Maybe time to call the bankruptcy lawyer....
The post Bankruptcy Filing Seasonal Peak appeared first on Detroit Bankruptcy Lawyer Kurt O'Keefe.
You have heard that there is no way to get rid of student loans in bankruptcy. Thatou can’t wipe out student loans. That student loan debt is NOT dischargeable in bankruptcy. *+(There is a bill in the U. S. Senate to make it easier to...
The post Student Loans In Bankruptcy – Undue Hardship appeared first on Detroit Bankruptcy Lawyer Kurt O'Keefe.
Some recent calls I received: “Credit Union trying to bully me into filing bankruptcy!” Hmm. I don’t hear that very often. “How would you filing bankruptcy benefit them?” I ask. Turns out they wanted him to file a Chapter 13 bankruptcy, which is a payment...
The post How Do You Know You Have Too Much Debt? appeared first on Detroit Bankruptcy Lawyer Kurt O'Keefe.
Automatic means, you do not have to do anything – it automatic ! Upon filing bankruptcy, whether Chapter 7, Chapter 11, Chapter 13, an automatic stay is imposed, -without a judge having to even read any of the documents filed – preventing creditors from taking...
The post Automatic Stay appeared first on Detroit Bankruptcy Lawyer Kurt O'Keefe.
Keith Larsen has a story on TheRealDeal website that encapsulates most of the mistakes a debtor – the one who files bankruptcy – can make on one case. Representing Yourself You can do your own brain surgery too. Just because you can does not make...
The post Bankruptcy Filing Mistakes appeared first on Detroit Bankruptcy Lawyer Kurt O'Keefe.
“I’m unemployed . .I am being sued by capital one for a credit card debt……will I still have to pay if I lose in court?” This question has been posed to me many times. I never know what the enemy will do but here are...
The post Oh No! A Judgment Against Me! appeared first on Detroit Bankruptcy Lawyer Kurt O'Keefe.
Can I keep my house if I keep paying for it if I file for bankruptcy? Do I have to stop paying any bills if I file bankruptcy? These are common questions I get from folks. First, let’s discuss mortgage payments. In chapter 7, if...
The post Can I Keep My House If I File Bankruptcy? appeared first on Detroit Bankruptcy Lawyer Kurt O'Keefe.
Another call from someone scammed by a debt settlement company. “If you owe at least $10,000 you are eligible for a new government program the credit card companies fear!!!” “We can settle your debt for pennies on the dollar!” “Settle your debts for 60, 70...
The post Watch Out For Debt Settlement Companies appeared first on Detroit Bankruptcy Lawyer Kurt O'Keefe.
Your budget of anticipated future income and expenses is the starting point of any reasonable bankruptcy analysis. Actually, you should have a budget regardless of consideration of filing bankruptcy. It is a good way to help avoid bankruptcy. Financially, where are you and where are...
The post Bankruptcy Budgets appeared first on Detroit Bankruptcy Lawyer Kurt O'Keefe.