Chapter 7 Bankruptcy

Determining Property Values in Bankruptcy

Everyone who files bankruptcy must disclose all of their real and personal property. The value of real estate can be easily done with an...

Is Bankruptcy Necessary when You’re Uncollectible?

When a creditor gets a judgment against a debtor, the creditor can attempt to collect the money owed by doing things like garnishing...

Chapter 7 Bankruptcy for Small Businesses

Corporations, limited liability companies, and partnerships are allowed to file a chapter 7 bankruptcy petition. Like individuals,...

When is a Chapter 7 Bankruptcy not an Option?

There are some people who do not really have bankruptcy as an option despite low income. Some can only benefit from a payment plan...

Qualifying for a Chapter 7

Even with income higher than the median, debtors may still be able to file a Chapter 7 bankruptcy. If a debtor no longer earns the higher...

Redd Law, PLC