Archive for the ‘Bankruptcy Q&A’ Category

Prison Time Does No Exempt Bankruptcy Requirements

In the bankruptcy case of Denger, Angela and Heath; In re the bankruptcy court denied a debtor’s request to waive the financial management class.
The details of the bankruptcy case:
“The Chapter 7 debtor was in prison. He asked that the financial management course be waived because prison officials told him that it was impossible for him [...]

Leave a Comment

Introducing Allmand & Lee’s Virtual Paralegal

We are proud to announce the launch of our “Virtual Paralegal” service!

With the introduction of “Virtual Paralegal” anyone who is seeking bankruptcy information can now obtain it with the click of their mouse! We have developed an intuitive natural language search to make searching for bankruptcy information as easy as asking a question in person. [...]

Leave a Comment

How Do I Know I Need To File Bankruptcy?

Many debtors considering bankruptcy are often hesitant because they’re not sure if they have crossed the line between just struggling financially and being completely bankruptcy.  Well, here are a few general rules of thumb to follow when considering bankruptcy:

If you’re three months or more behind on your mortgage payment and [...]

Leave a Comment

Bankruptcy Q&A: Discharge of Debt

The goal of bankruptcy proceedings is to obtain a discharge of debts, which means the debtor is no longer personally liable for that debt.

Leave a Comment