Marital settlement agreements trump a chapter 7 discharge of debts. You still have an obligation to former spouse. Chapter 13 can discharge obligations from marital settlement agreements.

By Ryan C. Wood As a fan of the reality series American Chopper I recently heard that the series was being revived. I searched for when it would air and to my dismay I also read that Paul Teutul Sr. filed for bankruptcy under Chapter 13 of the Bankruptcy Code in New York. I have watch

By Ryan C. Wood The process of filing for bankruptcy protection can be a stress free process. We try very hard to make the bankruptcy process as smooth and stress free as possible. There is a definitely a method to the madness around here and it is all for our clients’ benefit. Our me

By Ryan C. Wood When filing bankruptcy one of the requirements is to attend the meeting of the creditors pursuant to Section 341 of the Bankruptcy Code. You may hear it called the 341 hearing also. You must have your valid identification and proof of your social security number to ver

By Ryan C. Wood What if I cannot pay my Chapter 13 plan payment? First of all it happens. It is called a change in circumstances and circumstances can change multiple times throughout a Chapter 13 Plan. Second, ever case is different and different circumstances call for different solu

By Ryan C. Wood A bankruptcy estate is created when a petition for bankruptcy protection is filed. Generally all real and personal assets you own at the time you file your bankruptcy case becomes part of the bankruptcy estate. There are certain assets that are not included in the bank