by Mark J. Markus | Feb 17, 2020 | Bankruptcy Law, chapter 13, chapter 7, Discharge Issues
According to recent studies, medical bills are the major cause of individual bankruptcy filings in America. In an article written by Lorie Konish for CNBC.COM summarizing recent studies, two-thirds of people who file for bankruptcy cite medical issues as a key...
by Mark J. Markus | Jul 19, 2017 | Bankruptcy Law, Discharge Issues
Ever wonder what happens after you file bankruptcy? Do you just telephone an attorney and with the push of a button your debts disappear? No, that’s not quite how it works (although many who call me seem to think it is). The different bankruptcy chapters have...
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 | Jan 24, 2015 | Bankruptcy Law, Discharge Issues
Not all debts are dischargeable in bankruptcy. It would be nice for my clients if they were, but there are limits. See my page on debt discharge in bankruptcy for more information. One type of debt that for some reason arises with relative frequency is overpayments...
by Mark J. Markus | Mar 22, 2014 | Discharge Issues
Payday Loans Are Dischargeable In Bankruptcy Gina is a single mother of three, trying to make ends meet. She barely earns enough to cover her monthly expenses, and the expenses always seem to be due before her next paycheck. So, Gina did what many Americans in this...
by Mark J. Markus | Nov 27, 2012 | chapter 11, chapter 13, chapter 7, Discharge Issues
How Many Times and How Often Can You File Bankruptcy? This article answers three common bankruptcy timing questions: How many times can you file a bankruptcy case? and, How often can you file How long you must wait in between filings in order to get a discharge of...
