You Don’t Want a Tax Refund in Chapter 13

When you’re in chapter 13, you don’t want a tax refund. Why? If you get a refund more than $250.00, you have to send it in to the bankruptcy trustee. So you don’t want to over-withhold. You also don’t want to under-withhold. Why? Because on April 15, you’ll owe a tax...

Miscellaneous Virginia Bankruptcy Questions

What About ….? What about my bank account? Filing bankruptcy does not force you to close your bank account. (Many credit unions will fire you as a customer.) If your credit is already so bad you can’t open an account, try TD Bank, a new bank in Northern Virginia....

Is Bankruptcy My Only Option?

Is Bankruptcy My Only Option? Some people in financial trouble don’t need to file bankruptcy. Sometimes doing nothing will work. For elderly people with nothing but social security, simply telling creditors to call your lawyer may be all you need to do. (If I can work...

How to Download Your NSLDS File from StudentAid.gov

The first step to clearing your Federal student loans in bankruptcy is to get your student loan history. The government keeps track of your student loans and student loan payments is your NSLDS file. We need to see that history. That’s why you need to download...