Bankruptcy Blog

Bankruptcy law is the group of laws set out in Title 11 of the United States Code of Laws. You file bankruptcy by filing paperwork called a bankruptcy petition and schedules with the bankruptcy court in the correct district, which is normally in the state where you live. When you file a bankruptcy you are ......

When you file a chapter 7 bankruptcy your 341 hearing is set and you attend with your attorney about 30 days later. Usually, you are filing a chapter 7 bankruptcy to discharge debt because you cannot afford to repay it. You still….I repeat…..you still have to pay for debts when a creditor has a lien ......

Bankruptcy Attorney Showell Blades has dedicated this website to Bankruptcy Law and writes about his own practice of Bankruptcy Law in York County, South Carolina and its cities: Rock Hill, Fort Mill, York, Clover, Tega Cay; Lancaster and Chester,  SC; and Charlotte, NC – serving the entire Carolinas area. Showell has been a bankruptcy law...

An exemption is a certain dollar amount of certain types of property that a borrower is allowed to keep when his creditors are suing him and trying to get their money, or when he files a bankruptcy. These amounts can be very important in determining whether you file bankruptcy, what will happen if you do, ......

In short, a chapter 11 bankruptcy is when a debtor files a bankruptcy petition asking the court to allow him to reorganize. The entities which file chapter 11 are corporations which want to reorganize and individuals (people) who want to reorganize but do not qualify for a chapter 13 reorganization. When a debtor files a ......