How to React to a Non-Dischargeability Complaint in Bankruptcy

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Most Chapter 7 cases proceed in a fairly rapid pace. In Knoxville, the bankruptcy discharge is usually granted within about 120 days of the actual filing of the case. However, sometimes you get a lawsuit filed against you known as a Non-Dischargeability Complaint. So what is it and what should you as the Debtor do? […]

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You didn’t want to file bankruptcy. In fact you probably waited too late. Last week I met with a couple that withdrew money from their 401(k) hoping to avoid filing a Chapter 7 bankruptcy. Now, 6 months later, we will file a case for them. So you’ve done everything you can to avoid bankruptcy, but […]

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The whole idea of bankruptcy is premised upon an equalization of the playing field and giving the debtor a fresh start. The playing field is equalized by preventing one creditor being paid in advance of another. This is called a “preference” under Section 547 of the Bankruptcy Code. It plays itself out in this fashion. […]

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You’ve probably heard that Congress, at the behest of the credit card industry, re-wrote the entire bankruptcy law in 2005. One of the biggest changes was the requirement that all people whose debts are primarily consumer debts (remember the credit card companies) must go through what’s called the “means test.” The Means Test was designed […]

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By the time you are ready to file a Chapter 7 or Chapter 13 bankruptcy case you credit score is pretty low. This is because you’ve likely fallen behind on your bills over a period of months. When that happens the creditors report the delinquency to the credit bureaus. The result of these delinquencies is […]

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If you are like thousands and thousands of Americans you’ve got significant credit card debt and also a 401(k) or an IRA. If you phones are ringing constantly and it’s not your family or friends calling, it’s likely that you are getting harassed by credit card collection calls. When these calls continue and continue you […]

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Of course we know that GM filed a Chapter 11 Bankruptcy. Chrysler filed, as did Texaco, Delta and most airlines. It seems that every time you hear of a Chapter 11 it’s a business that is being discussed. However, a Chapter 11 bankruptcy is often an appropriate strategy for an individual under certain circumstances. Certainly […]

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When you’ve been under the gun with your creditors for a long time, it’s easy to build the habit of paying your payments just a little late. Knoxville bankruptcy lawyer Dan Scott warns that against failing to may your Chapter 13 Plan payments late. The result is that your case can be dismissed and the […]

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Despite what you may have heard foreclosures are happening every day across America and across Tennessee. If you read the Knoxville News Sentinel or the Mountain Press published in Sevierville you’ll continue to see the foreclosure notices published advising the world that another home is to be sold as a result of mortgage defaults. Home […]

How to React to a Non-Dischargeability Complaint in Bankruptcy

Life After Bankruptcy: 7 Keys to Success

Knoxville Bankruptcy Attorney Warns Against “Eve of Bankruptcy” Transfers

What Does the Means Test Mean to My Bankruptcy Case?

How Will My Bankruptcy Affect My Son’s Credit?

Should I Liquidate My 401(k) to Pay Credit Card Debt?

Is a Chapter 11 Bankruptcy only for Businesses?

Knoxville Banruptcy Lawyer Dan Scott Warns Against Being Late on Chapter 13 Plan Payments

Home Foreclosures Cause Another Increase in Chapter 13 Bankruptcy Filings