Posts in July, 2010

Debts not discharged in a chapter 7 bankruptcy if the creditor objects Jul 31

Some debts will be discharged in a chapter 7 bankruptcy case UNLESS the creditor files a complaint and obtains a court order that ...

Arizona Chapter 7 Bankruptcy - Which Debts are "discharged"? Jul 29

In a chapter 7 bankruptcy, the debtor is able to “discharge” or cancel the obligation to pay certain debts. These debts typically ...

Bankruptcy and the "co-debtor" stay Jul 27

If someone “co-signs” a contract in order to help a friend or family member get a loan, that co-signer is legally liable to pay ...

Chapter 13 Bankruptcy - What cannot be "crammed" down Jul 25

Amounts paid on certain debts secured by assets can be reduced in a chapter 13 bankruptcy. The most common are: 1. Car loans ...

Chapter 13 Bankruptcy - What has to be paid? Jul 25

When a chapter 13 case is filed, a “plan” must be proposed that tells the court and creditors how each debt is going to be treated ...

Chapter 13 Bankruptcy - Pay less then owed on your car and keep it Jul 23

If a car was purchased more than 910 days prior to the date a chapter 13 bankruptcy case is filed and the car is worth less then ...