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Can Pre-Paid Debit Cards Be Garnished?

On March 24, 2011 By

Question:

Can pre-paid debit cards with Visa or MasterCard logos be garnished by a judgment creditor?

Answer:

Actually, YES. I had done some Google’ing on this topic and most articles were rather vague with the answer and seemed more like guesses. So, I decided to go to the source. I called one of the major [...]

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Are 401K Loan Repayments an Allowed Expense in Chapter 13 Bankruptcy?

On May 28, 2009 By

YES. 401K loan repayments are not part of disposable income for purposes of Chapter 13 Repayment and therefore an allowed expense. Bankruptcy Code Section 1322(f) states that a chapter 13 plan may not materially alter the terms of a loan described in 362(b)(19). To summarize, 362(b)(19) references nearly any type of loan from any type [...]

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Can Bounced Checks Be Discharged In Bankruptcy?

On April 21, 2009 By

Yes and no (I know, not a great answer). A bounced check creates two types of liability, civil and possibly criminal. The civil liability is your direct liability to the store or person to whom you wrote the check; for example, if you wrote a bad check to Wal Mart, Wal Mart has a civil [...]

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