Do you need to list all debts in a bankruptcy case? What about assets? What about your spouse’s debts?
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Los Angeles Bankruptcy Blog: Current issues, comments, questions and answers in bankruptcy law.
Category Archives: Bankruptcy Law
“K”: Dangers of borrowing against 401k plans
What are some of the dangers of borrowing against your 401k or retirement plans? How does this affect your ability to file for bankruptcy protection?
“I” is for Insiders in bankruptcy
This article is part of my bankruptcy alphabet series. Continuing with the Letter “I” in the Alphabet Series: You’re sitting around watching the Lakers get beat again or just enjoying a good book when the mail comes, and inside it is a lawsuit from a bankruptcy trustee of your nephew, who recently filed a bankruptcy…
H is for House and How to Keep it in Bankruptcy
Your House: Can you keep it in bankruptcy? And if so, what other options are available? How to calculate equity.
G is for Gifts
Gifts and bankruptcy. Gifts you make and gifts you receive can both have significant consequences in a bankruptcy case. Learn why.
F is for Forgiveness of Debt. Or is it?
Normally forgiven debts can become taxable income, but not in bankruptcy. Find out why.
C: Credit Counseling in Bankruptcy
The credit counseling and debt management course requirements in bankruptcy. What are they all about?
A is for Assumption
assumption is the ability to assume the rights and responsibilities of a contract or lease after a bankruptcy is filed to enable a debtor or trustee to remain in possession of property or continue the benefits of the contract/lease