by Mark J. Markus | Oct 31, 2018 | Bankruptcy Law, chapter 13, chapter 7, debts in bankruptcy, Seniors and Bankruptcy
To determine when or if to file a bankruptcy case requires one to examine multiple factors. Age is not really a critical factor–as explained more fully below–but it is one to consider. [pullquote]More on Bankruptcy Issues Unique To...
by Mark J. Markus | Jul 10, 2018 | Bankruptcy Law, bankruptcy procedure, chapter 13, chapter 7, debts in bankruptcy
Is It A Problem To Forget To List A Bankruptcy Debt? It is hard to remember everything. In a bankruptcy case you are supposed to list all the people, or entities, to whom you owe money. Even if you do not yet owe the money, but the underlying cause of the possible...
by Mark J. Markus | Dec 14, 2017 | Bankruptcy Law, debt collection, debts in bankruptcy
Ignoring Debt Collectors Can Be Detrimental To Your Health Do not ignore your debts–even if you think they are gone or “charged off”. This article shows a prime reason why you should explore all options to resolve your debts. Whether through...
by Mark J. Markus | Jun 27, 2016 | Bankruptcy Law, Credit Scores/Credit Repair, debts in bankruptcy, reaffirmations
You file a bankruptcy case and receive your discharge of debts. You are keeping your house and cars and continue making the payments on time. You assume this will help you rebuild your credit. But none of those payments shows up on your credit report. Why not? The...
by Mark J. Markus | Aug 17, 2015 | Bankruptcy Law, chapter 7, debts in bankruptcy, Discharge Issues, preferential payments
Why pay off a credit card or other debts before you file bankruptcy? This would seem to be a counter-intuitive thing to do. After all, you’re filing bankruptcy presumably because you need to eliminate debts. But many debtors choose to pay off some of their...
by Mark J. Markus | Apr 2, 2014 | Bankruptcy Law, debts in bankruptcy
Is it ever too late to file a bankruptcy case? The short answer is: No, it is never too late. But there can be consequences to waiting. Most people wait until the last possible moment before considering bankruptcy as an option. They make decisions and act, or fail to...
