Many people enjoy sharing photos, videos, thoughts, and stories on various social media sites including Instagram, Facebook, and Twitter. However, if you are in the midst of any type of legal case, social media information can often impact the outcome of your case. Bankruptcy is no different and recent events in the case of rapper…
Ridesharing services such as Uber and Lyft have become increasingly popular in recent years, challenging the state-sanctioned monopoly that taxicab services have enjoyed for several decades. While some observers contend that the emergence of ridesharing as adding increasing efficiency and giving consumers more choices, it has also caused issues with legal liability that occurs as…
Millions of people each year take advantage of the fresh start provided by the U.S. Bankruptcy Code. In many cases, people who file for bankruptcy are able to eliminate all of their debts and are often able to obtain credit in a relatively short period of time after their bankruptcy has been finalized. As a…
Chapter 13 bankruptcy, also known as a “reorganization bankruptcy,” is the second most common type of bankruptcy utilized by consumers in the United States. It differs from a Chapter 7 bankruptcy in that instead of liquidating a debtor’s non-exempt assets in order to pay off creditors, Chapter 13 allows debtors to keep their property while…
Most car accidents result in some type of financial losses, whether the accident involved relatively minor property damage or resulted in catastrophic injuries. Because the circumstances of collisions can vary so widely, so can the settlements and awards received by accident victims, and such settlements and awards can range from a few thousand dollars well…
According to the National Highway Traffic Safety Administration (NHTSA), more than 2.3 million injuries occurred due to motor vehicle accidents in 2014 alone. While negligent or reckless drivers often cause traffic collisions, accidents can happen for a variety of other reasons, as well. One lesser-recognized cause of many accidents is defective auto parts. Defective Auto…
Each year, homeowners in Pennsylvania, Maryland, and New Jersey receive their property tax assessments and, each year, many property owners disagree with an increase in their taxes. Fortunately, the tax assessor’s word is not necessarily final and there are methods of appealing if you believe your property tax assessment was inaccurate for some reason. However,…
Bankruptcy Discharge vs. Dismissal If you haven’t filed for bankruptcy in the past, you are free to file for Chapter 3 or Chapter 7 relief at anytime. However, you must satisfy certain requirements to obtain a discharge to be officially released from your debts. If the bankruptcy court discharges your case, it means that you…
Bankruptcy Documents Should I keep my paperwork? I advise my clients to make copies of the petition, schedules, discharge, and related documents and keep them with their permanent records. It is rare, but creditors are known to try to collect debts after they have been discharged. Keeping your paperwork in order will allow you to…
Many people are under the assumption that bankruptcy can’t eliminate taxes. But, that is a common misconception. Under Chapter 7, Chapter 13, and Chapter 11, you can discharge federal and state income tax debts. In order to do so, your case must meet the 3-2-240 rule requirements. The 3-Year Rule The debt must be at…
