Does Bankruptcy Affect Alimony or Child Support? Here’s a question I’ve been recently asked by a client. Will a bankruptcy affect alimony or child support? Well, that’s a double question. Actually, it’s four parts.   Bankruptcy and child support or alimony First, if you have to pay child support or alimony, a bankruptcy does not…

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Does Bankruptcy Affect an Inheritance?  I’ve been asked recently how a bankruptcy will affect an inheritance. It’s not an easy question, but you must list anything you’re going to inherit. If you know someone died and you’re listed in the will, or if you know someone died and you were a relative who would receive…

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Does Bankruptcy Affect Wills or Estate Plans? I’ve been asked recently, “How will a bankruptcy affect my will or estate plan?”   A fresh start The purpose of bankruptcy is to give you a fresh start, which will allow you to go forward without the baggage or hassle of all your debts and to start…

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Will A Bankruptcy Affect My Credit Score? A client recently asked me, “Will a bankruptcy affect my credit score, and what can I do about it?” Yes. A bankruptcy does affect your credit score, somewhat. Here’s why.   How your credit score works Your credit score is based on how much money you owe. Are…

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Do I Need a Lawyer to File for Bankruptcy? A client asked me recently whether he can file a bankruptcy on his own, or whether he would need a lawyer to assist him. The answer is that anyone can file papers on their own in court. That’s called a pro se or by yourself petition.…

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Can I Be Turned Down For Bankruptcy?  A client asked me recently, “Can I be turned down for a bankruptcy?” That’s a maybe.   How it works First, you answer all the questions honestly and you provide all the documents to your lawyer. The lawyer prepares the petition, and you fill it out and sign…

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