Peter Bricks
How Do You Redeem a Car in Chapter 7 Bankruptcy?
Contrary to some assumptions, debtors in chapter 7 bankruptcy do not have to turn in their vehicles, as a general rule. The most common...
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Peter Bricks
- Sep 3, 2010
- 2 min
What to Know Before Setting up a Limited Liability Corporation in Georgia
Limited Liability Corporations (LLCs) in Georgia contain similar characteristics of both corporations and partnerships. For taxation...
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Peter Bricks
- Sep 1, 2010
- 3 min
Why You Shouldnt Move Out of Your House Right Away if Your Lender Wins a Motion to Lift Stay
Whether in a Chapter 7 or a Chapter 13 bankruptcy, a lender has the right to file a Motion to Lift Stay, to get at their collateral. This...
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Peter Bricks
- Aug 31, 2010
- 2 min
Who is the Bankruptcy Trustee?
When you file bankruptcy, a trustee is appointed by the Office of the United States Trustee to administer your case. Barring an unusual...
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Peter Bricks
- Aug 13, 2010
- 3 min
How Did I Arrange to Pass on my House? It’s in my Will! Wait, is it?
One of the most common areas of estate planning that is overlooked seems to be the actual ownership interests in property. Oftentimes, a...
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Peter Bricks
- Aug 12, 2010
- 2 min
Can you Discharge Income Taxes in Bankruptcy?
Many debtors filing bankruptcy think they cannot discharge income taxes in bankruptcy. However, that is not true. Income taxes can be...
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Peter Bricks
- Jul 29, 2010
- 2 min
Debt Settlement Companies: Reasons to be Concerned
In April 2010, the General Accountability Office issued a 45 page report very critical of Debt Settlement companies, which can be found...
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Peter Bricks
- Jul 29, 2010
- 2 min
What is a Motion to Lift Stay?
Upon filing of a bankruptcy case, the automatic stay immediately kicks in. The importance of the stay instantly kicking in cannot be...
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Peter Bricks
- Jul 23, 2010
- 3 min
What is the Automatic Stay in Bankruptcy?
I have seen my fair share of debtors who file bankruptcy without needing immediate relief. They might be current on all their bills and...
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Peter Bricks
- Jul 18, 2010
- 2 min
Important Dates to consider when filing bankruptcy
Filing bankruptcy is painful enough for most debtors. The last thing you want to do on top of that is to make a mistake in your filing...
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Peter Bricks
- Jul 9, 2010
- 3 min
What Happens at Your 341 Meeting of Creditors?
No matter which chapter of bankruptcy you file, you will have to attend a debtors exam with your assigned trustee (also known as your 341...
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Peter Bricks
- Jul 4, 2010
- 2 min
Chapter 7 or Chapter 13 Bankruptcy: What Not to do Before Filing
When you file a bankruptcy petition, you are filing a voluntary bankruptcy petition, as it is called. However, the word voluntary applies...
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Peter Bricks
- Jul 1, 2010
- 3 min
What are Your Bankruptcy “Exemptions”?
Perhaps the most common question I get when I am talking to a client for the first time about filing bankruptcy is Don’t I have to give...
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Peter Bricks
- Jun 3, 2010
- 4 min
What Happens After You File Your Chapter 13 Bankruptcy Case?
While it can be argued that the effort and preparation required in just filing a Chapter 7 case constitutes the majority of the work the...
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Peter Bricks
- May 25, 2010
- 4 min
What Happens After You File Your Chapter 7 Bankruptcy Case?
You have finally gone into your attorneys office and signed your bankruptcy papers for your chapter 7, so like most debtors you are...
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Peter Bricks
- May 11, 2010
- 3 min
Banking Account Pointers Prior to Bankruptcy Filing
Many bankruptcy debtors have very limited disposable funds in the form of liquid cash prior to their bankruptcy filing. What they have in...
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Peter Bricks
- May 11, 2010
- 3 min
Is There A Conflict Of Interest For A Lawyer In Drafting Wills For Spouses?
When couples consult a lawyer about a prenuptial agreement, they are usually surprised to hear that the lawyer can only represent one...
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Peter Bricks
- May 6, 2010
- 2 min
Can You Get Rid of All Liens in Bankruptcy?
Liens come in three forms. They are either consensual, statutory or judicial. A consensual lien is where a debtor voluntarily grants a...
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Peter Bricks
- Apr 28, 2010
- 2 min
Which Assets Must You Declare When You File Bankruptcy?
When you file bankruptcy, which of your assets must you declare on your petition? The answer is simple- all of them. But what about the...
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Peter Bricks
- Apr 22, 2010
- 3 min
Why Trust a Trust?
What a boring topic you think! Maybe so, but you may come out of this with more questions than answers. If so, then Ive achieved my goal,...
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