Your Rights

Bank Foreclosure and the IRS

The Bank foreclosed on my home and sent me an IRS Form 1099. My accountant says this will cause me to owe the IRS! Can bankruptcy help? Most likely, yes. Here’s the deal: When you took out a loan to buy your house there were 2 primary documents that you...

What Are Bankruptcy Exemptions?

Filing for bankruptcy does not mean that you will lose your property. In fact, for most people, all of their assets are protected through “exemptions.” Bankruptcy exemptions are the amounts and assets that a person is allowed to hold on to when filing for bankruptcy. There are specific exemptions for your home,...

Your Rights Under the U.S. Bankruptcy Code

The Federal Bankrtupcy laws contain certain rights to which citizens are legally entitled.  The United States Congress created these rights within the Bankruptcy Code to provide citizens with direct avenues to free themselves from the burden of overwhelming debt, thereby maintaining a hopeful and productive society.    This idealism is founded...