April 18, 2008

Steps to Protect Your Credit

Filed under: Bankruptcy — Copyright©Aaron Tolson

STEPS TO PROTECT YOUR CREDIT By: Aaron J. Tolson, Esq., of Wright Wright & Johnson, PLLC     1. Do not sign the back of your credit cards. This just gives thieves an opportunity to use your signature. Instead, put “Photo ID Required”. 2. When you are writing checks to pay on your credit card [more...]

Exemptions Better Under New Law

Filed under: Bankruptcy — Copyright©Aaron Tolson

Bankruptcy current exemptions You will not lose everything in a Chapter 7 liquidation bankruptcy.  This is what you get to keep under Idaho Law: HOMESTEAD–Real property or mobile home to $100,000 (does not double for joint debtors); sale proceeds exempt for 6 months.  You must record homestead exemption for property that is not [more...]

April 11, 2008

The Intersection Of Family Law And Bankruptcy

Filed under: Bankruptcy — Copyright©Aaron Tolson

There are many pitfalls when your family law case gets more complicated by a bankruptcy filing. My first experience with this occurred several years ago when I represented a client who owed a substantial amount of child support. I advised the client, that based on my few months of experience, [more...]