Bankruptcy

The Bankruptcy Discharge The Bankruptcy discharge is the permanent court order granting a debtor’s discharge for debts incurred prior to filing. Corporations never get a discharge. Creditors can only violate the stay order in a Corporate case because the case never closes and never receives a discharge; only people can get the discharge. The bankruptcy…

Introduction to CPN Scams Some companies will offer you a CPN number claiming that a CPN number can be used as a substitute for your social security number. However, shortly after you use a CPN number for filing taxes or obtaining personal credit, you may end up in jail or prison. A Credit Privacy Number…

The first thing creditors look to seize after they receive a judgment against you is your bank account. However, if the funds in the bank come from the Social Security or SSI benefits, creditors have limitations on how to use them or what to do with them. As a working bankruptcy attorney in a law…

How you receive reverse mortgage payments can be a problem if you file bankruptcy. The Chapter 13 bankruptcy trustee is generally not a problem. But in a Chapter 7 bankruptcy, your nonexempt equity can be a problem and an attachable asset. If you have taken a lump sum and those funds are in a bank…

Bankruptcy cases are rarely denied in Kentucky. Almost all cases that deny a debtor from filing bankruptcy are due to fraud or abuse of the system. However, it can happen by accident or, I should say, poor planning. The bankruptcy petition must have complete and accurate information. It is the obligation of the bankruptcy attorney…

Federal Tax liens have not been reported on credit reports since 2017. There were far too many errors in credit reports where back taxes were paid, but a lien release had never been filed. Federal Tax Liens, Credit Bureaus and Monthly Payments Under the IRS fresh start program, if you entered a payment agreement and…