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Will I Owe Money After My Assets Are Liquidated In Chapter 7 Bankruptcy?

By Ryan C. Wood It seems like there is no scenario that is not possible for some reason that is unknown until it is unfortunately known.  So goes life.  Yes, just because you had an asset sold or liquidated for the benefit of your creditors in a Chapter 7 bankruptcy case doe
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March 09, 2020
by Ryan C Wood
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Bankruptcy, Chapter 7, Property Tax, Real Property, Tax Collector

Debts Incurred During Marriage and Filing Bankruptcy After Divorce

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.
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June 18, 2019
by Ryan C Wood
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Bankruptcy, California Family Code 916, Chapter 13, Chapter 7, Community Discharge, Marrital Settlement Agreements

Can An Ownership Expense For A Car Not Owned By The Debtor Be Deducted In The Chapter 7 Means Test?

By Ryan C. Wood The issue we have here is when the debtor or bankruptcy filer is making the monthly loan or lease payment and paying for maintenance of a vehicle that they are not the purchaser of or person leasing the vehicle. The bankruptcy filer has an agreement with the person tha
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August 25, 2016
by Ryan C Wood
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Chapter 7, Means Test, Means Test Deductions, Ownership Expenses, Vehicles

Why You Should Choose the Law Offices of Ryan C. Wood, Inc. As Your San Jose Bankruptcy Attorney

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
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April 08, 2016
by Ryan C Wood
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Bankruptcy Attorneys, Bay Area, Chapter 13, Chapter 7

How Should I Prepare For My Meeting of the Creditors After Filing Bankruptcy?

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
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February 20, 2015
by Ryan C Wood
Comments are off
341 Meeting of Creditors, Bankruptcy, Chapter 13, Chapter 7

What Happens if I Receive an Inheritance After I File a Chapter 13 Bankruptcy Case?

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
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March 25, 2014
by Ryan C Wood
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Bankruptcy, Chapter 13, Chapter 7, Inheritance, Property of the Estate

Copyright Law Offices of Ryan C. Wood, Inc. 2020

We are a debt relief agency. We help people file for bankruptcy under the bankruptcy code.
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