Category Archives for "Uncategorized"

Exceptions to Expungement

I’ve cut and pasted the violations which may not be expunged pursuant to the statute here. This is purely for reference from other posts on this website. Though I will update this periodically, one should always consult the statute. You can do so here.  2.  The following offenses, violations, and infractions shall not be eligible for […]

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What is Lien Avoidance?

Avoiding a Lien “Lien Avoidance”, or “Avoiding a Lien” is essentially wiping away that interest that a creditor has in your property, removing their right to repossess it, or otherwise “take it back”.   Avoiding Liens. Generally secured creditors maintain their security interest after the bankruptcy is filed.  However, in some cases that security interest (i.e. […]

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What is a Reaffirmation Agreement?

Reaffirmation Agreements in Bankruptcy A reaffirmation agreement is a legally enforceable agreement to repay all or a portion of a debt that would otherwise have been discharged in your bankruptcy.  In order for the agreement to be valid the creditor must sign the agreement as well as either your attorney or the Judge.  This is […]

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Secured Debts in Bankruptcy – Defined

What Are Secured debts? Secured Debts are debts that are ties to your property such as car loans and home mortgages.  Better stated, secured debts are those which the creditor has a claim which secured by property of the bankruptcy estate in accordance with a duly perfected security interest (generally defined as a lien which had […]

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