West Virginia Bankruptcy News and Information
Filing for Bankruptcy Chapter 7: What is the Means Test?
The bankruptcy means test dictates if a debtor is qualified to declare bankruptcy (and proceed with debt-settlement) under Chapter 7. Essentially, this bankruptcy process determines if debtors have enough disposable income (means) [...]
Six Steps to Filing Bankruptcy in West Virginia
Are you struggling with overwhelming debt? Filing bankruptcy in West Virginia can provide the debt relief you’re looking for. Read on to learn how to file bankruptcy in West Virginia. 1. Choose [...]
Comparing Bankruptcy Chapters: Eligibilities and Benefits
If you are searching for debt relief, you should consider looking into the different bankruptcy chapters provided under the U.S. bankruptcy code. Each bankruptcy chapter suits particular individuals. As such, finding the [...]
Suing Debt Collectors: When and How To Do It
Falling behind on mortgage or loan payments is hard enough as it is, but having debt collectors harass you constantly is something you shouldn’t have to deal with. Fortunately, the Fair Debt [...]
Buying a New House After Filing Bankruptcy
Filing bankruptcy today won’t hinder you from buying a home soon. You may even apply for a home mortgage before your bankruptcy case is closed. Below is an overview of how the [...]
Information on the Chapter 7 Bankruptcy Means Test
For debtors who find themselves grappling to pay for outstanding loans, filing for bankruptcy (Chapter 7) is a good recourse. But before you submit your bankruptcy application and have debts discharged, you [...]
West Virginia Bankruptcy Laws
Bankruptcy is an option offered by the government to debtors who are unable to get out of debt on their own. It is a legal proceeding designed to give those who are [...]
Distinguishing Between Secured and Unsecured Debts in Bankruptcy
Filing bankruptcy can be a daunting process especially if you need to take note of important details that may affect the outcome of the bankruptcy case filed. All debtors who decide to [...]
Chapter 13 Bankruptcy Cramdowns
If you’re financially struggling, declaring bankruptcy may be your path to debt relief. Bankruptcies are known to be effective in addressing financial problems, and the different types of bankruptcy in the bankruptcy [...]
Best Effort Repayment in Chapter 13 Bankruptcy
The bankruptcy code presents various types of bankruptcy, but if your intent is to file for personal bankruptcy, the bankruptcy chapter for you is either 7 (liquidation) or 13 (reorganization). If you [...]