What Bills You Should Still Pay After Bankruptcy

What Bills You Should Still Pay After Bankruptcy

So you’ve taken the leap and filed bankruptcy. Wiping out your debt is a fulfilling feeling, but don’t let that feeling of relief prevent you from making important financial decisions in the future. After all, you can’t improve your credit score if you...

Can I Lose My Sales Commissions if I File Chapter 7 Bankruptcy?

People from all walks of life file bankruptcy, and often people who work in commission-based jobs are more at risk for running into financial trouble than their salaraied brethren. So imagine the following scenario: You are a real estate agent who has run into a...

What You Need to Know About Tax Liens and Bankruptcy

In bankruptcy court, the IRS is a creditor like any other, with a few key differences that make it a bit more difficult to wipe out tax debts compared to the debts of credit card companies and other unsecured creditors.  Tax debt is, at first, unsecured, meaning that...

Post-Petition Rent in Bankruptcy – How to Get Paid as a Landlord

If you own commercial real property and your tenant files bankruptcy, there are certain remedies you can pursue to make sure that you get paid for any rent that accrues after the bankruptcy petition is filed.  Post-petition rent is an unsecured claim, but not all...

What’s the Difference Between Chapter 7 and Chapter 13

Chapter 7 and Chapter 13 of the bankruptcy code have given millions of people the financial freedom they needed to get on with their lives without a crushing debt load. There seems to be a lot of confusion regarding which chapter is right for who, so I’ve...

Can I Keep My 401K If I File Bankruptcy in Georgia?

You can absolutely keep your 401k if you file bankruptcy in Atlanta, Georgia.  This is one of the most common questions I receive when clients schedule an appointment with me. Many people thing that the bankruptcy court (or more appropriately, the trustee assigned to...