ngajewski's blog

In a Chapter 13 case, a lot of emphasis is put on getting your case “Confirmed” or having a successful “Confirmation” hearing.  But what exactly is confirmation, and why is it so important?  I’d like to take this blog to explain the confirmation process and why its one of the most important but least well-known parts of Bankruptcy.

The Means Test became a part of bankruptcy along with a raft of other changes in 2005 through an amendment called BAPCPA (the “Bankruptcy Abuse Prevention and Creditor Protection Act”). Since then it has caused problems even for experienced bankruptcy practitioners.

If you’ve filed a Chapter 13 bankruptcy case, there are certain aspects of the case you should be aware of in daily life.  The one key point to keep in mind while your Chapter 13 case is active is that the Court will closely monitor your budget and financial situation.

As my colleagues and I have discussed in previous blogs, a normal Chapter 13 bankruptcy case consolidates your debts and allows you to repay at least a portion of those debts over a period of up to 5 years.  As the saying goes, life can come at you fast, and a lot can happen in 5 years.

While many people hope to never need to file a Bankruptcy case, it is important to remember that the process of bankruptcy is a legal and financial tool that is designed to help individuals and families recover from economic hardship.  As such, knowing the limits on how often you are able to file a bankruptcy case is valuable financial planning information.

The transfer or sale of property is one of the most common topics I discuss with potential clients.  I’d like to take the opportunity to discuss this issue in this blog and hopefully provide answers to some common questions.

As the New Year moves ahead, many people around the country are looking out for their W-2’s or other tax forms so they can get a head start on filing their 2017 tax returns.  In this blog post, I’d like to spend some time discussing a common tax issue.

The biggest shopping weekend of the year is fast approaching!  Black Friday will kick things off on November 24th before we move onto Small Business Saturday and Cyber Monday.  Many people across the nation will be out shopping for holiday gifts, and the urge to spend is stronger at this time of year than in any other season.  Unfortunately that urge is what can make us easy targets for “predatory lenders”.

Many people worry about how filing a bankruptcy case will affect their home.  As long as your case is carefully planned out ahead of time, you can typically file for bankruptcy relief without affecting your mortgage or your home.