Bankruptcy
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About Bankruptcy
Smith, Barden & Wells
Bankruptcy
Review our blog posts to learn valuable information about bankruptcy, real estate, and more!
Filing Chapter 13 Bankruptcy
Introduction Facing the possibility of losing one's home to foreclosure can be intimidating and unnerving. However, for homeowners facing such a hardship, there is a chance at finding relief and saving their homes by following a legal avenue known as…
Documents Needed for Filing Bankruptcy
When a debtor seeks bankruptcy protection from the bankruptcy court, there is a duty to submit documentation of your assets, liabilities, income sources and expenses. Your eligibility to seek a Chapter 7 discharge will depend on your household income and…
Using Bankruptcy to Stop a Wage Garnishment
Immediately upon filing a bankruptcy, the automatic stay is entered. The automatic stay is an injunction, which prohibits creditors from taking any collection efforts against you, including continuing to garnish your wages. Additionally, the bankruptcy code has a mechanism to…
Will a Chapter 7 Bankruptcy Prevent a Car Repossession?
If you fall behind on making your car payments, the lender may consider repossessing the vehicle. Filing a Chapter 7 Bankruptcy will temporarily stop your car lender from repossessing your car and will allow you more time to resolve any…
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