What are the most common issues that arise on bankruptcy cases?
If you cannot pay your house or car payment, the creditor can foreclose, although your bankruptcy will slow them down. You would have to file a Chapter 13 case in order to delay repayment. But beware, many Chapter 13 cases fail, leaving the debtor in worse shape than before. 90 Days Before Filing If you have large charges or cash advances prior to filing, or have taken out new large loans, the creditor can object to discharge of this debt. We can help you deal with this issue. Tax Return You keep Earned Income Tax Credit. Timing can be important late in the year to make sure you keep tax refunds. If you have a particularly large return, you should discuss this with your attorney before filing. We are experienced in protecting these funds. High Income If your income is significantly higher than your expenses, you may not be eligible for a Chapter 7 and may need to consider Chapter 13. This normally is not a problem for our clients. Of course, job loss can make almost anyone eligible for
