Today the mortgage crisis has created another victim - the family pet. As more families are losing their homes to foreclosure, more pets were abandoned or left at animal shelters. USA Today reports that some pet owners are leaving pets in empty houses and garages with some food and water. Unfortunately, these animals are not found for days or weeks and are dead or dying.
There is no requirement of citizenship in the Bankruptcy Code. Section 109(a) of the Code states that"....only a person that resides or has a domicile, a place of business, or property in the United States, or a municipality, may be a debtor" in bankruptcy. The legal status does not determine eligibility to file bankruptcy; however there may be complications if you are not a U.S. citizen.
Wisdom regarding bankruptcy and tax refunds is: get it and get rid of it before filing bankruptcy. The bankruptcy trustee can't take what you don't have, correct?
It seems innocent enough when we are asked at the checkout register for our zip code but there is more behind that simple question. In California consumers are suing retailers over the practice of collecting zip codes at the point of sale. This violates California state law. This is permissible in Wisconsin.
No. A lot of people believe that they cannot own anything for a long time after filing bankruptcy. This is not true. The bankruptcy laws allow people filing for bankruptcy to protect much of what they own by using what are called exemptions. Search this blog for previous discussions of what exemptions are and how they work.
Don't be a victim of a loan modification scam. Here is a link for a great site for information on loan modifications and possible scams.
There are different timelines for how long your bankruptcy will take depending on what type of case you file, a Chapter 7 or Chapter 13 bankruptcy. When meeting with our efficient and dedicated Miller & Miller Bankruptcy attorneys, we can answer your specific questions. However, below is a summary of what to expect.