What is a Chapter 9 Bankruptcy?
Submitted by the Bond & Botes Law Offices - Tuesday, December 29, 2015
It is well known that individuals and businesses can file for bankruptcy protection. It is less well known that
Charitable Giving and Tax Deductions
Submitted by the Bond & Botes Law Offices - Tuesday, December 8, 2015
The holiday season is upon us once again. This time of year, many people are motivated to give to charities. While there are many obvious benefits to charitable giving, one additional benefit to the giver is that their contribution might entitle them to a charitable contribution deduction against their income tax.
Can You Buy a Car While in Chapter 13 Bankruptcy?
Submitted by the Bond & Botes Law Offices - Tuesday, September 15, 2015
A question that we get asked from time to time is whether a debtor can purchase a vehicle on credit while in a Chapter 13 bankruptcy. The answer to that question is yes! Though most people are trying to get out of debt while in their bankruptcy, not incur
Every Debtor Must Take a Financial Management Course
Submitted by the Bond & Botes Law Offices - Tuesday, August 25, 2015
Every person who files bankruptcy must take a financial management course before he will receive a discharge. This course must be taken in order to receive a discharge in both a Chapter 7 and a
US Bankruptcy Filings Down, Lowest in Seven Years
Submitted by the Bond & Botes Law Offices - Tuesday, August 4, 2015
The Administrative Office of United States Courts reports that bankruptcy filings fell significantly in the past fiscal year that ended on June 30, 2015. The Administrative Office reported that there were 879,736 bankruptcy filings nationally during that time period— 854,690 personal filings and 25,046 business-related.
What is a Confirmation Hearing?
Submitted by the Bond & Botes Law Offices - Tuesday, July 14, 2015
As has been discussed in this blog before, along with a Chapter 13 bankruptcy petition a debtor will file a Chapter 13 plan. This plan sets out how much a debtor will pay to the Trustee and how certain debts will be paid, among other things.
Buying a Home After Bankruptcy
Submitted by the Bond & Botes Law Offices - Tuesday, June 23, 2015
You can buy a home after bankruptcy! In tough economic times, many clients worry about the impact of filing bankruptcy on their ability to purchase a home in the future, but subject to several guidelines, a debtor can obtain a mortgage and buy a new home after bankruptcy.