Obligations to utility services can be listed in a bankruptcy petition. It is a violation of Public Service Commission regulations for a utility service to terminate the service to a bankrupt on a basis of their filing a bankruptcy petition. However, a utility may, and in most cases, will, require that you pay a security deposit to that utility to guarantee that post petition obligations shall be paid timely. Since you have other options available for Cable and Cell Phone Service they can disconnect service.
Pull Your Credit Report. We suggest to our clients to pull your credit report about 6 weeks after you receive your discharge letter. There will almost always be some errors still on the report and it is better to resolve these matters immediately after bankruptcy rather than waiting years before reviewing your report.
The U.S. Supreme Court issued a decision on January 11, 2011, making it more difficult for debtors to pass the Chapter 7 means test. The means test includes two car related deductions from income. Debtor's may be eligible to deduct from income an allowance for car-operating costs and a separate allowance for car-ownership costs. The amount of the debtor's allowances are based upon published table of National and Local Standard as well as their actual expenses.
Yes. If one spouse decides to file for bankruptcy the other spouse isn't forced to do so as well.
A great article was posted from Forbes.com about credit reporting and having a good credit score. It seems that if you have a great credit score your life is perfect. Read the article to examine some of the biggest credit myths that can lead to disaster.
The bankruptcy estate includes all interests of the Debtor in property at the beginning of the bankruptcy case. Miller and Miller can help you if there is any question about whether certain property will be included in the bankruptcy estate and the exemptions available to you which may protect your property.