Perhaps you were told a story while visiting someone who had filed for bankruptcy protection. He may have mentioned to you that he was hiding a piece of property, and did not declare it when he filed. He is committing…

Many people believe that once they have declared bankruptcy, they will never again have a “good” credit rating. This is a myth. A debtor’s credit rating can be hit with as much as a 100-point deduction. However, the credit rating…

Filing bankruptcy is complicated, and receiving an inheritance does affect your filing. Receiving an inheritance before, during or after a bankruptcy may end up giving the debtor some difficulties. How that inheritance is treated when the debtor files a Chapter…

If you are responsible for paying spousal support, filing bankruptcy will not negate that obligation. You just found out that your spouse has filed for a divorce and you are in a panic. Perhaps at some point you made the…

It is a good idea to keep a copy of your bankruptcy discharge. However, if you lose it, it may be replaced. When the bankruptcy process is concluded, the debtor is released from a variety of debts. In discharging them,…

For credit counseling, choose a counselor that works only for you, not a third party. If you are going to credit counseling, as a result of filing for bankruptcy protection, you need to choose an independent individual; one that will…

It is really intimidating filing for bankruptcy. Often people make mistakes on filing, or try to hide assets and property. Filing for bankruptcy is an overwhelming decision. Actually sitting down with a skilled Iowa bankruptcy lawyer and reviewing your situation…

Debtors who withhold information on purpose when filing for bankruptcy are filing a fraudulent bankruptcy. People often withhold information when they file for bankruptcy. It may be due to the fact they are not sure about what they need to…