ngajewski's blog

Usually, people filing bankruptcy want to make sure they can include certain types of debt. Debts that can’t be discharged in a Chapter 7 case or included in a Chapter 13 repayment plan can limit the effectiveness of a bankruptcy filing. And, of course, everyone wants to be in a stronger financial position after bankruptcy, with as little debt as possible. 

Still, people considering bankruptcy sometimes ask whether they’re required to list all of their debts in the bankruptcy filing. Some reasons a bankruptcy petitioner might not want to list debt include: 

Having your car repossessed can be catastrophic. When repossession happens, it’s usually because you’re already struggling financially. Suddenly, you may find yourself without the transportation you need to keep income flowing, whether that means driving to work or going on job interviews. And, depending on where in Alabama you live, you may also need your vehicle to take your children to school, grocery shop, get to medical appointments and more.

Here are a few pointers to help you at the start of the Chapter 13 bankruptcy process.

1. Be Patient

When I said bankruptcy “process,” I really meant it’s a process.  Filing for bankruptcy relief is comparable to filing your taxes.

The New Year is here and we’re all in the middle of getting used to writing the new date.  For many Americans, this is also the time of year when we get our W-2’s from 2018 and get started on preparing our taxes.  If you had outstanding debt in 2018 that you ignored, then you may be in for a surprise this tax year.

As we all know, the holiday season can be one of the most stressful times of the year.  The added pressure of trying to buy gifts for family and friends can push an already strained budget to the breaking point.  With the tax filing season fast approaching, it can be tempting to consider taking out a tax refund loan, but there are some important points to keep in mind.

As with many questions that arise when considering filing a bankruptcy case, the answer to this question will depend on the specific facts of your case.  There is commonly no trouble with keeping your existing bank accounts when you file a bankruptcy case, but in some instances, you may need to plan ahead before filing.

While the process of filing and successfully completing a bankruptcy case can be difficult and complicated, it is usually fairly simple and straightforward to qualify for bankruptcy.  At Bond and Botes, Bankruptcy is our specialty.  So when I’m meeting a prospective client, I can usually determine what types of case a person is eligible for after a short conversation.  In consumer bankruptcy, a person can file for relief under ei

This is probably the most common question I get asked by potential clients.  Everyone seems to think that there is some rule saying “you can’t use credit for 7 years after bankruptcy.”  The idea that bankruptcy destroys your credit for nearly a decade is an urban legend.  At some point in the past it

The school season will be back in just a few weeks, and even though here in Alabama it still feels like Summer, the Fall season is fast approaching.  It may seem strange to think of home finances at this time of the year, but this season actually provides several benefits when it comes to personal financial planning.  I this blog post, I’d like to talk about

For many people in America, buying their own home is one of the biggest purchases in their lifetime.  Their home is also typically the most valuable asset they own.  Cars and other items lose value as they get older, but land typically holds its value or actually increases in value.  So naturally home mortgages are one of the most common sources of concern and worry when I talk with potential clients.