Topic: Property

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Can I Sell Personal Property Before Bankruptcy

In Chapter 7 bankruptcy, the nonexempt assets are sold, and the proceeds go to pay your creditors. Both federal and state laws allow the court to void an asset sale that was made just prior to filing for bankruptcy. If the court determines that the assets were sold or...

Will I Lose all my Stuff if I File Bankruptcy?

Many people worry they will lose all their belongings if they file bankruptcy, or that they must be flat broke to file. When actually, bankruptcy can be a way for you to protect the assets you have. Bankruptcy exemptions determine what property you get to keep, and...

Rental Property in Bankruptcy

What happens to rental property in bankruptcy, like most facets of bankruptcy law, depends on whether you file Chapter 7 bankruptcy or Chapter 13 bankruptcy. Furthermore, the state in which you file bankruptcy, the amount of debt you have, and the amount of equity you...

How to Avoid Wage Garnishments

A garnishment is the legal process for collecting a monetary judgment on behalf of a plaintiff from a defendant. Garnishments allow the plaintiff, or the “garnishor”, to take money or property from the debtor in order to satisfy a debt. The most common type of...

Getting Repo'd Car Back

One of the most popular ways of getting repo’d car back is by filing Ch 13 in California. Regardless of whether it is a small car, SUV, truck, van or motorcycle, you can always get it back. One way is by filing for chapter 13 bankruptcy. And what’s more? You can also...

Using Bankruptcy to Keep the Lights On

  When you’re behind on your utility bills, it can be a severely stressful situation. Odds are, that if your utilities are being shut off, this is just the tip of the financial issue iceberg for you. On a positive note, by filing bankruptcy, you can be protected...