by Devin Sawdayi | Nov 3, 2017
The loss of a job is one of the biggest factors that lead people to file for Chapter 7 and Chapter 13 bankruptcy. State and federal programs exist to assist people who have lost their job and are looking for a new one. When losing a job puts a person in such financial...
by Devin Sawdayi | Jul 28, 2016
Seniors, generally defined as people age 65 or older, comprise a growing percentage of the U.S. population. According to the Administration on Aging, part of the U.S. Department of Health and Human Services, seniors accounted for 14.5 percent of the population in...
by Devin Sawdayi | Jun 21, 2016
The federal government is perhaps the most tenacious creditor of them all, and it goes to great lengths to recover money it believes it is owed. This applies not only to taxes but also to benefits, such as the Social Security Disability Insurance (SSDI) program. A...
by Devin Sawdayi | Mar 11, 2014
Federal law allows bankruptcy courts to dismiss a Chapter 7 petition if it finds that granting a discharge of debt would constitute an abuse of the bankruptcy system. A debtor must overcome a presumption of abuse by using the Chapter 7 “means test” to show that their...
by Devin Sawdayi | Jun 9, 2013
A bankruptcy filing requires a debtor to make an extensive inventory of their assets, debts, and sources of income. In a Chapter 13 bankruptcy, the debtor must obtain the court’s approval for a plan to repay debts. In addition to employment and investment income, a...
