Video Center » Bankruptcy Video Center 27 results found. Viewing page 1 of 2. Go to page 1 2 Next Bankruptcy Bankruptcy Leonard Sominsky explains that bankruptcy is not right for everyone. When you come to our firm for help, we will ensure that you understand all of ... Can All Debts Be Discharged in Bankruptcy? Wondering if all of your debts will be wiped out during bankruptcy? Leonard Sominsky explains that there are certain types of debt that cannot be ... Can I Add Debt Once I've Filed for Bankruptcy? If you forgot to include a certain debt on your initial bankruptcy petition, it is important to know that you could still add it as long as your case ... Can I Get Credit After Declaring Bankruptcy? Wondering if you can get credit after filing for bankruptcy? The answer is yes. Bankruptcy gives you a clean slate, which means that lenders may be ... Can I Keep My Cards After I File for Bankruptcy? Wondering if you can keep your credit cards after bankruptcy? If you have an outstanding balance on a credit card and that debt is included in your ... Can I Re-Open My Bankruptcy? It is entirely possible to re-open a bankruptcy case, as long as there is a good reason. If you wanted to add another debt to the bankruptcy, for ... Differences Between Chapter 7 and Chapter 13 Bankruptcy When deciding on whether to file for Chapter 7 or Chapter 13 bankruptcy, the question you will need to answer is “What is your ability to pay?” When ... Do I Need a Certain Amount of Debt to File for Bankruptcy? You do not need to have a minimum amount of debt in order to file for bankruptcy. Generally, it’s more about, “How much debt is too much for you?” ... Do I Need to Include All of My Credit Cards in a Bankruptcy? When filing for bankruptcy, you will need to include all credit cards that have a balance. If the card is paid off completely and has a balance of $0, ... Explaining Different Types of Debt Leonard Sominsky explains the difference between secured, unsecured, priority and administrative debt. Not all debts are treated equally in the ... How Do I Remove a Bankruptcy from My Credit Report? Unfortunately, you would not be able to remove a bankruptcy from your credit report. As long as the information is correct, it will remain on your ... How Often Can I File for Bankruptcy? It is possible to file for bankruptcy more than once; however, the amount of time that you will be required to wait in between will depend on the type ... How to Afford a Bankruptcy Attorney Wondering how you will be able to hire a bankruptcy lawyer? At Leonard V. Sominsky, ESQ., PC, you can make small payments until the retainer and ... Switching Between Chapter 7 and Chapter 13 Bankruptcy It is possible to change from one chapter of bankruptcy to another if circumstances change. For example, if you are no longer able to make your ... What Does It Mean If My Bankruptcy Petition Is Dismissed? There are a dozen reasons why your bankruptcy petition can be dismissed. For example, failing to submit all applicable paperwork could result in a ... What Do I Need to File for Bankruptcy? To begin the bankruptcy process, our firm will simply want to see a couple of paystubs and your social security card. At a follow-up appointment, ... What Happens After I File for Bankruptcy Immediately after a bankruptcy is filed, the bankruptcy court will send a notice to everyone that you have listed as a creditor in your petition. This ... What Is a Creditor's Meeting in Bankruptcy? About five weeks after you have filed for Chapter 7 or Chapter 13 bankruptcy, there is what is called a first meeting of creditors. This gives ... What Possessions Can I Keep After I File for Bankruptcy? When filing for bankruptcy in Arizona, you can exempt a certain amount of equity in your property. This means that you can protect things like your ... When Should I Stop Using Credit Cards After Filing for Bankruptcy? It is suggested that you stop using your credit cards about 60 days before you file for bankruptcy. The credit card company could challenge a charge ... Who Can Access My Bankruptcy File? When you file for bankruptcy, it is a matter of public record. This means that the court will have access to your file; however, that does not mean ... What Is Bankruptcy? Bankruptcy is a legal proceeding in federal bankruptcy court that allows you to eliminate certain types of debt – including unsecured debts like ... Who Will Know If I've Filed for Bankruptcy? Wondering who will know that you have filed for bankruptcy? Anyone that you owe debt to (i.e. your creditors) will be notified that you have filed – ... Will Filing for Bankruptcy Affect My Spouse? Since we live in a community property state, your bankruptcy could affect your spouse. All property and debts that are acquired during a marriage are ... Will Filling for Bankruptcy Protect Me from Collectors? Creditors cannot contact you after you have filed for bankruptcy due to the automatic stay. This means that all repossessions, garnishments, ...