Herrin Law

Daniel Herrin

My Home Was Surrendered, Why Do I Keep Getting Bills

When you surrender your home in bankruptcy, you are discharging the debt associated with your home.  This includes all debt associated with the home (property taxes, liens, mortgages, homeowner association fees, etc.). Once you file bankruptcy and notice goes out, you should not be receiving any collection letters from your creditors.  If you are then …

My Home Was Surrendered, Why Do I Keep Getting Bills Read More »

Bankruptcy Classes: What You Need to Know

There are two required financial courses in Bankruptcy.  The first course is taken before you file bankruptcy and the second course is taken after you have filed the bankruptcy. The First Class – Pre-Filing Bankruptcy Credit Counseling This class is intended to help you prepare for bankruptcy.  It goes over several budget/finance related questions to …

Bankruptcy Classes: What You Need to Know Read More »

Are there different types of bankruptcies for business vs personal bankruptcies?

Each chapter or type of bankruptcy defines who is eligible to be a debtor in its definition. Some of the chapters are reserved solely for individuals, some can be used by individuals or businesses. The most common forms of bankruptcy are Chapter 7, Chapter 13, and Chapter 11. An individual or business can be a …

Are there different types of bankruptcies for business vs personal bankruptcies? Read More »

I FILED BANKRUPTCY THIS YEAR … DO I NEED TO FILE A TAX RETURN

A common question I always receive from debtors is “do I have to do anything different when I file my tax returns?” The short answer is no. This article will address the actions a debtor must take in order to properly file a tax return with the Internal Revenue Service and have no negative impacts …

I FILED BANKRUPTCY THIS YEAR … DO I NEED TO FILE A TAX RETURN Read More »