Monthly Archives: July 2018

Exceptions to Discharge

Exceptions to Discharge In our previous article, unsecured debt, we spoke of exceptions to discharge, i.e. an exception to the debt being able to be completely wiped out. In this article we will quickly go over this topic. The first requirements to obtain a discharge are disclosure and cooperation. Congress is willing to give an… Read more »

Unsecured Debt

Unsecured Debt In this article I will discuss the different types of unsecured debt. Unsecured debt is debt that does not have collateral attached to it. Collateral for example. could be a house or car, or any other type of physical property that can be repossessed if the payment agreement is not withheld. If you… Read more »

Priority and Secured Debt part 2

Priority and Secured Debt In this article I will continue the Priority and Secured Debt discussion as was started here: Priority and Secured Debt If a Response is filed, and the value of the collateral is not agreed upon, the Court will conduct a hearing. To return to the example of the desk, let us… Read more »