How Quickly Will My Garnishment Stop After I File Bankruptcy? Bankruptcy has the power to stop wage garnishment. Filing bankruptcy technically stops it immediately upon filing through the Automatic Stay. However, the practical considerations of stopping a wage garnishment shows us that the process is usually a bit longer. In most cases, several steps must...Read More
The Wall Street Journal is reporting talks are under way to allow private student loans to be discharged in a bankruptcy. Currently all student loans are very difficult to discharge in bankruptcy and only a very few actually qualify for a discharge. When a person files for bankruptcy, they should be given a clean slate...Read More
What happens at a 341(a) meeting? A 341(a) meeting (also known as the meeting of creditors) is required when you file bankruptcy. Approximately 4 to 6 weeks after you file bankruptcy, you will be required to attend a 341(a) meeting. In every bankruptcy case, the 341(a) meeting is probably the most stressful event for the...Read More
The Central District of California recently announced a price increase in the filing fee of Chapter 7 bankruptcies. The old fee was $299.00. Effective November 1, 2011 the new fee will be $306.00. The filing fee for Chapter 13 bankruptcies has increased as well. The old fee was $274.00. Effective November 1, 2011 the new...Read More