
Your spouse does not have to file Chapter 7 or Chapter 13 bankruptcy with you, but sometimes it might be good to do so.
Your spouse does not have to file Chapter 7 or Chapter 13 bankruptcy with you, but sometimes it might be good to do so.
chapter 7 and Chapter 13 bankruptcy is an all or nothing game. You must include all credit cards in your bankruptcy petition.
This is the second part to my last article I wrote on whether spousal support can be discharged in bankruptcy. If you missed that article, you can read it here. Credit card debt works differently than a Domestic Support Obligation and there are different rules for this type of treatment.
One of the most depressing statements I hear, “I’m such a loser because I’m filing for bankruptcy”. I’m not sure where this sentiment comes from, but it could be traced to what we have been programmed to believe from the news media, financial pundits, and the credit industry. We are taught that we get into debt, the only way out is to pay our bills. It’s the right thing to do!
The Means Test numbers are changing on November 1, 2010 and it will affect people who need to file Chapter 7 or Chapter 13 bankruptcy. See how the means test numbers will affect you in getting debt relief.
The Means Test was created by Congress to prevent people from filing Chapter 7 bankruptcy and forcing them to file Chapter 13 instead.
Find out how you can get those harassing creditor collection calls to stop and get much needed bankruptcy relief.
How much debt do you need to file Chapter 7 or Chapter 13 bankruptcy.