By Scott Riddle Posted in Bankruptcy Basics,Chapter 13,Chapter 7A question that comes up surprisingly often on the various legal forums is whether a person could lose their security clearance if they filed a personal Bankruptcy case. It is certainly a great question, since the security clearance is often required for their job. The general answer is that it is highly unlikely. By many… Continue Reading
By Scott Riddle Posted in Bankruptcy Basics,Chapter 13,Chapter 7One of the requirements of filing a Bankruptcy case is completing the Schedules honestly and completely. It is perfectly fine to unintentionally leave something out as long as the Schedules are amended. One of the most common items left off Schedule B (personal property) is claims or lawsuits that the person filing for Bankruptcy has… Continue Reading
By Scott Riddle Posted in Bankruptcy BasicsIt is understandable and natural that many people considering Bankruptcy are worried about who may find out about the filing. After the case is filed, notices are sent to creditors and other interested parties in the case, such as a landlord. Unless the person is a public figure, such as a celebrity or politician, the… Continue Reading
By Scott Riddle Posted in Bankruptcy BasicsUnderstandably, when a person is facing a possible Bankruptcy filing they often consider how a case may affect their job. The good news is that it is highly unlikely a Bankruptcy filing will cause you to lose your job or have any effect whatsoever on your job. Congress has considered this issue and deemed it… Continue Reading
