Author Archives: David Lloyd

What is the job of a trustee? In every Chapter 7 bankruptcy there is a trustee, who is a private individual, usually a bankruptcy lawyer. His job, or her job, is to see if you have any property that can be turned into cash to pay your creditors. When you file Chapter 7, everything you…

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Unfortunately, money problems and problems at home often go together. Couples who are having financial difficulties are under a lot of stress, and this can cause marital problems. And couples who divorce often find out that, although two can’t live together quite as cheaply as one, setting up separate households can be very expensive. How…

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The most valueable asset most people have, after their home, is usually their car. In today’s world it’s hard to get by without a vehicle, and people who file bankruptcy are right to be concerned about whether they can keep their car. What if you owe money on your car; can you keep making the…

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If you own a home, you know that you have to pay real estate taxes. If you don’t pay an installment of taxes, then after a year the county can sell the property at a tax sale. The tax sale is an auction, but unlike other auctions, bidders don’t bid up the price, they bid…

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