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Why hiding assets is a bad idea when filing bankruptcy

You have likely heard the expression that “Honesty is the best policy.” Not only is that true, but telling the truth is absolutely necessary when it comes to filing bankruptcy. Lying in a bankruptcy case is a violation of federal…

Posted in Bankruptcies Tagged with: , , , ,

What happens to my secured debt if I file Chapter 7 bankruptcy?

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There are two kinds of debt: secured and unsecured. A debt is secured when the creditor/lender can recover a specified asset from the debtor/borrower if the borrower does not repay the loan on time. A car loan is an example….

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Who Pays Child Support in Joint Custody

In joint custody cases, who pays child support and how much child support depends on several factors. First you will consider the incomes of both parties, and second you will look at how many overnights the children spend every week…

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What Can I Do About Wage Garnishment?

A wage garnishment occurs when a court orders a portion of a person’s earnings to be withheld to satisfy a debt. When your wages are being garnished, the payroll department at your job will calculate the amount to be withheld…

Posted in Uncategorized Tagged with: , , ,

What Should I Do If I Can’t Afford My Child Support Payments?

Child support payments are a reality for many single parents but many people struggle with making these payments. If you are behind on your child support payments and are in debt because of it, there may be help.   If…

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What Happens to my Debt When I Die?

What Happens to my Debt When I Die?

Debts are such an ingrained part of our daily lives that we’ve learned to accept them without thinking about it too much. We pay our credit card bills and write a check for the car payment, but rarely do we…

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