RI Bankruptcy Filing: Can’t I Just Keep One Credit Card?
RI Chapter 7 bankruptcy filers must list everyone they owe money to, including all credit cards with a balance and friends or family members.
RI Bankruptcy Law: Discharge vs Debt Cancellation
RI Bankruptcy Law: Understanding the tax difference between bankruptcy discharge and debt cancellation. Discharged debt is not taxable, but cancelled debt is.
RI Bankruptcy Law: Giving To Charity While Bankrupt
RI bankruptcy court won’t interfere with Chapter 7 or Chapter 13 debtor from making charitable contributions unless there is a clear attempt to avoid creditors
Medical Bills and Bankruptcy: Health vs. Wealth?
Medical bills are causing many Rhode Island families to call an experienced bankruptcy lawyer. A Chapter 7 bankruptcy will wipe out medical debt.
RI Bankruptcy: Five Reasons to Choose Chapter 13
Because most debtors file a Chapter 7 bankruptcy and have their debts discharged within 100 days, why would any Rhode Island debtor choose a 5 year repayment plan, better known as a Chapter 13 bankruptcy? In a few limited circumstances, here are five reasons why. Five Reasons to Choose Chapter 13 Reason 1: You Can […]
Rhode Island Bankruptcy Information
Filing Chapter 7 and Chapter 13 bankruptcy in Rhode Island.
RI Bankruptcy Law:Preparing to File a Chapter 7 Bankruptcy
Preparing for a Chapter 7 bankruptcy in Rhode Island? Here is some practical advice to avoid future complications with your bankruptcy case.
Filing Bankruptcy in Rhode Island
In Rhode Island, there almost 5,900 lawyers for a population of 1,050,788 people. We could easily fill the Providence Performing Arts Center (PPAC) to capacity . . . . . . TWICE. If you needed to file bankruptcy in Rhode Island, could you imagine standing on the stage of PPAC trying to figure out which lawyer in […]
Bankruptcy Laws Can Protect Your House
In a recent video by ABC6 News, it was suggested that a person could lose their house if they file a Chapter 7 bankruptcy. While there are limits to how much equity can be protected, the statement was misleading. The process is actually easy to understand and is designed to protect most homeowners who need bankruptcy relief. […]
