CC Brown Law – Can I File For Bankruptcy Twice? Have you ever been overwhelmed with debt and just see no way out? This happens to a lot of people and has been even more common since the recession has been so long and so disruptive to many people's lives. The Bankruptcy may seem like the best option for a lot of people and for some is the only option. But, it is possible to file for the Bankruptcy twice?Normally, the person asking...more
CC Brown Law – Life after bankruptcy discharge – Rebuild your credit after bankruptcy In general, if you are one of the millions who have recently filed bankruptcy, you would understand that life after bankruptcy discharge is one of the most traumatizing and difficult phase of your life. Apart from all the mental agony and emotional turbulence, this also means a major financial setback in life after Bankruptcy discharge. The...more
CC Brown Law – Alternatives to Transfer Property Before Filing Bankruptcy For debtors who wish to transfer property before filing bankruptcy, discussing with an bankruptcy attorney in their state is only way of guaranteeing whether the transfer of property would establish any fraudulent conveyance. Though there are so much alternatives to transfer property and assets before bankruptcy to prevent creditor claims on the assets, the ability to do so is only determined in a case-specific basis, and in turn, the state laws applicable to fraudulent conveyances and statutes of limitations will vary. Under the Bankruptcy Code, as well as the UFTA (Uniform Fraudulent Transfers Act) and the UFCA (the Uniform Fraudulent Conveyances Act), debtors are susceptible to fraudulent conveyance claims from creditors for a varied period of years before actually filing bankruptcy.Relying on the specific transfer of property and the individual factors surrounding a given debtor's financial situation, the courts must use a case-by-case method to find out whether a given property transfer establishes any fraudulent conveyance. This is often done at the court's discretion, most often with...more
CC Brown law – Bankruptcy Options While Unemployed Normally, if you are unemployed and facing a tremendous challenge dealing with your debt, you may be considering pursuing the bankruptcy. There are some specific considerations that you need to keep in mind if you file for bankruptcy protection while unemployed. If you are filing...more
CC Brown law – Handling the Emotional Effects of Bankruptcy In general, the Filing bankruptcy can, without a doubt, stir up many negative emotions. A debtor's sense of self, identity, and worth are often closely tied to their financial circumstances. The Loss of money can thus be experienced as a loss of identity, self-esteem, and...more
CC Brown law – Outcomes of Missed Bankruptcy Payments The Bankruptcy payments are an important part of any Chapter 13 bankruptcy. A bankruptcy like this requires the individual to make monthly payments towards his or her debt to the bankruptcy trustee. The trustee then pays the debts of the individual according to the bankruptcy plan. However, the bankruptcy will likely end with the discharge of many debts, including most unsecured credit cards or non priority debts. This plan is dependent on the individual making all necessary payments, though.The Importance of Bankruptcy Payments: Once a person files Chapter 13, he or she will have a repayment plan in place. This plan outlines who will receive payments during the bankruptcy repayment period and how much is paid. It is important that this monthly payment amount be affordable to the individual, which will reduce the chances that he or she will stop making payments. If you cannot afford this plan, you may need to consider making other bankruptcy arrangements, such as filing Chapter 7 bankruptcy instead.When the bankruptcy filer does miss a payment, this will trigger a series of situations to occur.The bankruptcy...more
CC Brown law – If I File for Bankruptcy, Will My Green Card Be Taken Away The Individuals living in the United States legally should not worry about the U.S. Bureau of Citizenship and Immigration Services getting involved with their...more
CC Brown law – Chapter -20 Bankruptcy There are some circumstances where it is advantageous to file for Chapter 7 bankruptcy, then forthwith after receiving a discharge to file for Chapter 13, in what is called a Chapter 20...more
CC Brown law – Plan before you file Bankruptcy Normally, Planning your strategies to file for Bankruptcy may be quiet strange and suspicious to some people. In reality, there is nothing wrong about it. But, if your financial...more
CC Brown law – Should You File Income Taxes Before or After Bankruptcy? Often people have queries concerning income tax bankruptcy courts, and if they gamble losing their redemption when filing for bankruptcy. Anyone who owes a...more
A Political Assassination in Prime Time During my two decades as a script writer for Bob Hope, unforeseen problems bedeviled every show to some degree, but by far the most ill-fated special Hope produced on my watch was taped at the...more
What To look In Labor Law Poster Every organization and employer is responsible to place labor law poster on their working place. Most of the time it happens that employer put up these posters all over their work place, but the workers...more