I Need to Move During My Bankruptcy. Will That Affect My Case? It’s perfectly fine to move during a bankruptcy, but there are a few things to keep in mind so you don’t lose important mail: On the bankruptcy petition, it will ask you for 2 addresses: your physical address on the date of filing, and your mailing address. If you know you’ll be moving, you can use a P.O. Box as your mailing address to keep things simple. If you don’t know, or don’t have a P.O. Box, your attorney can file a notice of change of address. There are some people who need to file bankruptcy when they don’t even have an address. This is actually fairly common
Getting a credit card after a Chapter 13 bankruptcy Video Transcript If I file Chapter 13 bankruptcy, when can I get new credit cards? You don’t get a new credit card until you complete the Chapter 13 process. Remember that Chapter 13 is a reorganization and repayment of your debts, and people who do Chapter 13 usually have a home that they’re trying to keep – maybe they’re a little bit behind on it – it allows you to do that. Or perhaps a car.So it takes anywhere from 3-5 years to complete. In this jurisdiction, a typical case is 5 years because that’s the lowest payment. After that process is complete, after 5 years, your debts are paid off.
Buying a car after a Chapter 7 bankruptcy Video Transcript Your Chapter 7 is going to be discharged and that means your debts will be gone in something like 3-4 months after your case has filed. And after that, if you want to buy a car then you can start looking to do that. And remember, right now you have debts that you’re probably not paying if you’re looking for Chapter 7 release and the Chapter 7 is going to take care of that for you so you should be in much better position to be able to afford a car. Now, you’re going to have to look for certain deals. Not every car dealer is going to sell you
Getting a credit card after a bankruptcy Video Transcript If I file Chapter 7, how long until I can get a credit card? After Chapter 7 discharge, which comes 3-4 months after filing in most cases, you’ll find it very easy to get new credit cards. Our clients tell us that they have plenty of credit card applications sent to them in the mail, usually at a little higher interest rate than they would like; but still they’re offering them additional credit. These credit card companies know that you can’t file another Chapter 7 for 8 years, so you need to be very careful about credit cards after Chapter 7 relief. Maybe you could consider
What we do know is this: Southaven resident Chavis Carter was convicted of dealing marijuana and had violated his parole. When Jonesboro police stopped him on the night of Sunday, July 29, they searched him twice and found about $10 worth of drugs in his pocket. They didn’t find a gun. They handcuffed him behind his back and put him in the back of a police car. What happened after that is under investigation, but police claim Carter somehow managed to obtain a gun and shoot himself in the head while handcuffed. Authorities have labeled the case a suicide. The victim’s family and many human rights advocates aren’t so sure. They think the official police report of what happened would
Options if Your Child Is Injured by a Teacher We have so many wonderful teachers in Memphis. But unfortunately teacher abuse happens often enough nationwide that we need to have better discussions about it. As just one example, see this New York Times op-ed. Journalist Bill Lichtenstein describes how a school left his child in isolation and sometimes locked in restraints by teachers and school administrators. He claims it occurred daily for almost three months. These cases don’t happen often, but when they do, they carry permanent consequences. In recent years, we’ve seen news reports detail some other extreme examples. Schools sometimes use bizarre and traumatizing disciplinary measures. The tactics range from stripping children naked and bathing them against their wills
As the nation works to figure out its debt crisis, the government is also facing the fact that it may not be able to pay all the bills come August. If Congress doesn’t raise the debt ceiling, cuts will have to follow – and some might be drastic, including pay for federal employees, grant funding, federal court costs, law enforcement, and housing assistance. Even if they do raise the debt ceiling and are able to pay the bills, they will be doing so on borrowed money and most likely will not address one of the foundational problems with the crisis – that the government is spending more money than it has in its account. Sadly, if you are struggling with
Whether you’re buying a live tree this year or using a fake one, a Christmas tree can create an extra hazard for your household. Follow these tips to celebrate safely: Tips for Buying the Right Tree: Pass on any tree with dry, breaking needles or needles turning brown. If the needles can snap in your finger, they’re too dry. Before buying, check the tree for other signs of freshness. The tree trunk should be sticky and the branches should be flexible when bent. For ultimate safety (and holiday tradition), go in search of a living tree that you can cut (or save the roots to plant again). Those will have the most water and be least flammable. For example Merry
The Institute for Financial Literacy recently uncovered a new, fast-growing group of bankruptcy clients: college graduates. According to The Washington Post, the Institute’s report reflects changes in consumer debt. Bankruptcy clients are increasingly more educated and seemingly well-off. They have bachelor’s degrees and live in affluent neighborhoods, but with the crushing costs of student debt they wind up struggling to make ends meet. Their financial limitations, often due to education loan payments, pushes them to use credit cards more, and eventually the situation spirals out of control. While student loans currently cannot be handled through bankruptcy, other expenses can – offering some relief to overwhelmed graduates. But one thing is certain: it is no longer always a safe financial bet
With Spring settling in here in Memphis, that means school is inching closer to an end for our ambitious high school seniors. For some of these seniors, it means taking the ACT and choosing a college to continue their learning. Is your child getting ready to go to college and making the choice on where to attend? As a parent, there are some things you want to keep in mind. As we all know, college is very expensive. Some students are fortunate enough to receive scholarships, whether it be partial or full, but some aren’t. Just as some parents have been fortunate enough to save for their child’s education, but some haven’t been. And then some parents may be like