Can I Keep My Vehicle when I File for Bankruptcy?
The use of your vehicle is likely an incredibly important part of your life. It provides you with transportation to get to work and make a living. It is very likely that you rely heavily on your vehicle to complete your regular operations, whether you need it to run errands or get to work. It […]
Who Can File for Bankruptcy?
Understanding who can file for bankruptcy can go a long way toward informing you of your options when you have financial issues. It is important to keep in mind that bankruptcy should really be turned to as an absolute last resort for getting out of debt. Here at LeBaron & Jensen, we strive to provide […]
What Happens to Tax Refunds in Bankruptcy?
Filing for bankruptcy around tax season can bring up the question regarding what happens to your tax refund during bankruptcy. Your tax refund is the amount that you have essentially overpaid in taxes throughout the year. Many people choose to pay more in taxes throughout the year and receive a tax refund during tax season. […]
Are Student Loans Dischargeable Through Bankruptcy?
Student loans are typically not dischargeable through bankruptcy, though there are options for debt relief in extreme situations. This also changes depending on the kind of loan that has been received. Federal loans or loans obtained through a non-profit organization like a school are unlikely to be dischargeable. However, private loans may be easier to […]
What is a Chapter 12 Bankruptcy?
Understanding bankruptcy can be difficult, as bankruptcies are generally complex processes. They are used to essentially give debtors a clean slate after they have obtained significant amounts of debt that they are unable to pay back. There are many different situations in which filing bankruptcy may be required, which is why there are several different […]
The Benefits of Filing for Bankruptcy
Bankruptcy comes with an inherently negative connotation, for very good reason. It is a decision that should be considered carefully, as it can significantly damage your credit and results in many consequences in your life. However, not everything about bankruptcy is bad and there are several benefits to filing for bankruptcy, despite the downsides. However, […]
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