Written by Charleston Bankruptcy Lawyer, Russell A. DeMott Filing bankruptcy can result in your bank freezing your account if you owe that bank money. It’s called “setoff,” and I wrote a post warning about this here in the Charleston Bankruptcy Blog. But what if you don’t even owe the bank money? Is there…
Written by Summerville Bankruptcy Lawyer, Russell A. DeMott Passing the bankruptcy means test doesn’t mean you’re cleared for takeoff for a Chapter 7 bankruptcy. I pointed this out in my last post on the bankruptcy means test. There are two tests that control your eligibility for Chapter 7 bankruptcy: (1) the means test, and…
Written by New York Bankruptcy Lawyer Jay S. Fleischman. Remember the book, The Scarlet Letter? You know, the one where the woman does something and is marked for the rest of her life with a huge letter “A” pinned to her blouse? When I was a kid, I took an English class that included…
Written by Summerville Bankruptcy Lawyer, Russell A. DeMott You may be able to discharge taxes in bankruptcy, but not always. To understand the benefits of filing bankruptcy to deal with tax debts,
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