You need to know how your insurance cash value or surrender value policy effects your bankruptcy case. The first thing you need to know is that life insurance fits in two categories: Term Insurance Whole Life Insurance Term life insurance is exactly that. You buy a contract of insurance for a specific term for a…
How bad can it be when you lie in bankruptcy? The process of having your debts discharged is very serious. Although the bankruptcy process for a chapter 7, or a chapter 13 does not seem long, much happens during that time. It is expected that you honestly complete and file the petition. It is also…
What if you lie in your bankruptcy petition? The bankruptcy process is designed to give honest debtors relief from their bills. Honesty is the bedrock of the process. Clients are often concerned that someone will come into their home to inventory their things. The bankruptcy trustee and the court certainly have the power to make…
Value Your Car For Bankruptcy You can keep your car and file bankruptcy in most circumstances. The ultimate decision will be, “do you want to?” When I talk about keeping you car, I am talking about one you own or one you are making payments for. Leasing a vehicle? This will be a great time…