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Tag Archives: Chapter 13
November 1, 2020 Census Bureau Median Family Income Released
The United States Census Bureau has released the Median Family Income amounts effective on November 1, 2020. The income amount is used as the starting point to determine whether a Debtor’s income is high enough to require them to file … Continue reading
Posted in Bankruptcy
Tagged Bankruptcy, Chapter 13, Chapter 7, Median Family Income, U.S. Census, U.S. Trustee
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Bankruptcy Filing Fees Increase
The cost of getting out of debt is going up. The Judicial Conference of the United States has approved a$29.00 increase in the administrative fee charged to an individual when they file for bankruptcy. The fee, which is currently $46.00, … Continue reading
Posted in Bankruptcy
Tagged Bankruptcy Filing Fee, Chapter 13, Chapter 7, Kevin Gipson, new orleans bankruptcy attorney, new orleans bankruptcy lawyer
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They Went Broke Too: Former CSI Star Gary Dourdan!
Former CSI TV Star, Gary Dourdan filed for Chapter 11 bankruptcy in the bankruptcy court for the Central District of California on August 30, 2012. Dourdan’s filing indicated that he had $1.8 million in assets, but owes his creditors approximately $1.73 … Continue reading
Posted in Uncategorized
Tagged Chapter 11, Chapter 13, Chapter 7, Crime Scene Investigation, CSI, Debt. Bankruptcy Court Central District of California, Gary Dourdan, Kevin Gipson, new orleans bankruptcy attorney, new orleans bankruptcy lawyer, They Went Broke Too, TV Star
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Failure To Report Assets In Bankruptcy Can Result In Jail Time And Fines!
When you file a bankruptcy you must tell your attorney about all of your assets and debts. In fact, several of the documents that you sign when filing a bankruptcy advise that your bankruptcy can be dismissed without a discharge, … Continue reading
Posted in Bankruptcy
Tagged assets, Bankruptcy, Chapter 13, Chapter 7, exemption, fines, jail, Kevin Gipson, new orleans bankruptcy attorney, new orleans bankruptcy lawyer, prison, trustee
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Can I Include The Loan On My Wrecked Car In Bankruptcy?
A collateral mortgage loan on a car can be discharged in a bankruptcy even if the car is wrecked. This is true of a car with mechanical problems as well. The reality is that for most people the days of … Continue reading
Posted in Bankruptcy
Tagged Chapter 13, Chapter 7 bankruptcy, collateral mortgage, Kevin Gipson, new orleans bankruptcy attorney, new orleans bankruptcy lawyer, secured debt
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How Often Can A Bankruptcy Be Filed?
There are limits on how often a bankruptcy can be filed. A Chapter 7 bankruptcy can be filed once every eight years. The date of filing of the original bankruptcy is used to determine the filing date for the new … Continue reading
Posted in Bankruptcy
Tagged Bankruptcy, Bankruptcy code, Chapter 13, Chapter 7, discharge, Kevin Gipson, new orleans bankruptcy attorney, new orleans bankruptcy lawyer, stay
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What Is A Chapter 20 Bankruptcy?
What is a Chapter 20 bankruptcy? The fact is there is no Chapter 20 of the Bankruptcy Code. Chapter 20 is an expression used by attorneys to describe a situation where a Chapter 7 bankruptcy is filed for a debtor … Continue reading
Posted in Bankruptcy
Tagged Bankruptcy, Chapter 13, Chapter 20, Chapter 7, debt, Kevin Gipson, new orleans bankruptcy attorney, Plan
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My Chapter 13 Bankruptcy Was Filed In New Orleans. Where Do I Make My Plan Payments?
When you file a Chapter 13 Bankruptcy you are required to make monthly payments to the Chapter 13 Trustee. The New Orleans Bankruptcy Court is located in the Eastern District of Louisiana. The Chapter 13 Trustee for the New Orleans Bankruptcy … Continue reading
Posted in Bankruptcy
Tagged Chapter 13, Chapter 13 Plan, Chapter 13 Trustee, Eastern District of Louisiana, Jr., ne orleans bankruptcy lawyer; Kevin Gipson, new orleans bankruptcy attorney, new orleans bankruptcy blog, S. J. Beaulieu
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Myth No. 9: If You Own A Home You Must Give Up Your Home If You File For Bankruptcy.
If you already own a home you must give up your home if you file for Bankruptcy. To the contrary both Chapter 7 and Chapter 13 can be used to keep your home. Your home mortgage is a secured debt. … Continue reading
Posted in Bankruptcy
Tagged arrearage, arrears, Chapter 13, Chapter 7, debt, Kevin Gipson, mortgage, new orleans bankruptcy attorney, Plan
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Myth No. 8: You Can Never Own A Home If You Have Filed For Bankruptcy
You can never own a home if you have filed for Bankruptcy. False. To the contrary, assuming that you otherwise qualify, (Have a down payment, closing costs, a job, etc.) it is likely that you would be able to purchase a … Continue reading
Posted in Bankruptcy
Tagged Bankruptcy, Chapter 13, Chapter 13 Plan, Chapter 7, mortgage, new orleans bankruptcy attorney, new orleans bankruptcy lawyer
Comments Off on Myth No. 8: You Can Never Own A Home If You Have Filed For Bankruptcy