Owings Law, LLC

06/20/2025

One of the most common questions when filing for bankruptcy is how the bankruptcy will affect credit scores.

While bankruptcies can have an impact on credit score for years, in reality this impact is often not as severe as people think. The longer it's been since the bankruptcy, the less the impact it will have. Often, when filing for bankruptcy, the credit score is already low and will likely increase when the debt is taken care of.

In addition, if you complete both required bankruptcy courses through one of the companies that we recommend, you will receive a free guide on how to get your credit score up to 720 within two years after filing.

Reach out to us today at the link below so we can help get you a fresh start.

844-713-DEBT

06/18/2025

In our newest video we discuss preparation for your meeting with the trustee.

06/18/2025

Unfortunately, Attorney Conley was out of office for several days due to a funeral and then had to get caught up with other work, so our posts have been delayed. But this provides for an excellent opportunity to discuss how bankruptcy affects inheritance.

If you are set to receive inheritance and the time of filing, or someone dies within six months after you file and you will receive something from them, that inheritance must be disclosed. Often times there are exemptions that a quality bankruptcy attorney can identify to protect the inheritance.

The worst thing that you can do is to not disclose it. Attorney Conley had a case where roughly $50,000 in inheritance value was not disclosed and the client was denied a discharge because of their non-disclosure. It is always better to disclose.

Here at Owings Law we can help you plan around the inheritance, you just need to let us know what is going on.

Reach out to us at the link below so we can help you get a fresh start.

https://www.ldowingslaw.com/contact.html

06/14/2025

One of the most annoying aspects of being in debt is the constant phone calls, emails, and letters from creditors trying to collect on the debts. Here at Owings Law, we are empathetic to your situation, and we want to help you.

When you retain us to file your bankruptcy, you are immediately protected from creditor contact. You will need to let them know that you have retained us to file your bankruptcy and that all contact should be sent to us. If they continue to contact you, let us know.

Once you have filed for bankruptcy, the creditors are prohibited from contacting you due to federal law. If they still contact you, let us know and we may be able to get you damages for the contact.

Once you have been discharged, you no longer owe that debt and the creditors will stop contacting you. If they still do let us know. This is extremely rare though.

Contact us today via the link below so we can stop the harassment.

https://www.ldowingslaw.com/contact.html

06/13/2025

In today's age, it is very common to be underwater on a car loan. Whether this is because the car's value has tanked or you rolled a previous car loan into the current loan, Owings Law can help.

We can look at surrendering the car in your bankruptcy and allowing you to get a new car that is actually worth what you are paying for it. Often times we can help you get into a lower monthly payment as well.

We can also look at restructuring your car payment so that you are just paying what the car is actually worth.

Contact us today via the link below so we can help you fix your underwater car loan.

https://www.ldowingslaw.com/contact.html

06/12/2025

Evictions are both scary and happen quickly. Here at Owings Law, we are empathetic to your situation and we want to help you.

If you are facing an eviction, we can file a Chapter 13 to allow you to stay in unit for longer. We will have you pay the ongoing rental payment and the past due rent inside the plan. So, at the end of the Plan, you will be completely caught up on your rent.

We can also file a Chapter 7 to temporarily prevent an eviction. The Chapter 7 will erase the past due rent that you owe, but it won't prevent the landlord from ever evicting you. But the temporary prevention may allow you to work something out with the landlord, or to move into a new place.

Contact us today via the link below so we can help you with your eviction.

https://www.ldowingslaw.com/contact.html

06/11/2025

A repossession can be crushing and prevent you from working. Here are Owings Law, we are empathetic to your situation, and we want to help you.

If you are at risk of a repossession and you want to keep the vehicle, we can file a Chapter 13 where you will be paying off the car inside the Plan. By doing it this way your car will not be repossessed, you will have paid it off by the end of the Plan, and it is even possible to save you money on the car.

If your car has been repossessed, we can still file a Chapter 13 within 28 days of the repossession so you can get the car back.

Contact us today via the link below so we can help you with your repossession.

https://www.ldowingslaw.com/contact.html

06/10/2025

A garnishment can be devastating, especially when you are already struggling. Here at Owings Law, we are empathetic to your situation, and we want to help.

We can stop your garnishment when you file for bankruptcy. Depending on the timing, you may still have your next check after filing garnished if your employer had already processed payroll by the time you filed. But any amount garnished after you file will be returned to you.

It is possible we may decide to wait to file when you are being garnished. This is because if you had more than $600 garnished within the 90 days before filing, it is possible to get that money back. So, if you need one more check to be garnished to put you over the $600 threshold, we may wait so you can get some money back. Here at Owings Law, we will receive your situation to make a recommendation to you and let you decide on what you want to do.

Contact us today via the link below so we can stop your garnishment.

https://www.ldowingslaw.com/contact.html

06/09/2025

A foreclosure is one of the scariest legal actions that anyone can experience. Losing your home is a big deal for anyone. Here at Owings Law, we are empathetic to your situation, and we want to help you.

We can stop a foreclosure sale by filing a Chapter 13 prior to the home being sold. In the Chapter 13 Plan we will have you pay the ongoing monthly mortgage payment along with the arrearages that you have.

At the end of the Plan you will be caught up on your mortgage and have the remainder of your debts discharged for your fresh start.

Reach out to Owings Law today via the link below so we can stop your foreclosure.

https://www.ldowingslaw.com/contact.html

06/08/2025

One of the most confusing aspects of bankruptcy is the automatic stay.

Many people are confused on what this is and how it works.

Firstly, the automatic stay starts as soon as the bankruptcy case is filed. There is generally no need to file anything to initiate the stay. An exemption applies when a debtor has filed multiple Chapter 13 cases within the same year. And then the debtor needs to show why the second case will succeed. Here at Owings Law, we will prepare you for this.

The automatic stay prevents creditors from trying to collect on debts that you owe them. So, garnishments, foreclosure actions, and repossessions will stop. The automatic stay even stops divorce actions.

If a creditor violates the automatic stay, they potentially are liable to you for damages. Owings Law can help you with these actions as well.

Because of the potential damages, creditors are weary of violating the automatic stay. Because of that, creditors will usually turn off online access and automatic payments. This is usually only an issue for mortgage and car loan accounts that you want to maintain. If this happens, you will need to figure out how to make the payment(s). You can generally do this by calling in, mailing the payment, a wire transfer, or directly from your bank account.

These are the common implications of the automatic stay, but it does impact more. Reach out to us at Owings Law via the link below so we can show you bankruptcy can help you.

https://www.ldowingslaw.com/contact.html

06/07/2025

We have reached the final day of Bankruptcy Myth Week. It has been a joyous week of busting these myths.

Bankruptcy Myth #7.
The bankruptcy process is long and arduous.

Bankruptcy Fact #7.
The bankruptcy process is pretty quick and simple as long as you cooperate. The process involves providing documentation to your attorney including items such as your ID, social security card, and pay stubs. You will need to meet with your attorney to review the Petition and verify that everything is correct. You will need to meet with the assigned Trustee over Zoom where you will answer some questions about your Petition and situation. It is possible that you will then need to provide more documentation at this point.

In a Chapter 13 there may be changes that need to be made to your Plan, and you will likely need to provide your tax returns during the life of your Plan.

As you can see, the bankruptcy process is not long or arduous. Here at Owings Law, we can make the experience even better with our expertise. Reach out today via the link below so we can begin the smooth process.

https://www.ldowingslaw.com/contact.html

06/06/2025

Today may be National Donut Day, but more importantly it is also day 6 of Bankruptcy Myth Week. Okay, maybe donuts are more important, but we are still continuing to bust myths.

Bankruptcy Myth #6.
The Bankruptcy process is scary.

Bankruptcy Fact #6.
While what is scary is subjective, there is nothing to be concerned with if you have a quality attorney and you disclosed everything. If you disclose everything, a quality bankruptcy attorney will identify any issue and prepare you for that prior to filing. A quality bankruptcy attorney can even plan on how to minimize any issues as well.

Owings Law has the highest quality of bankruptcy attorneys, and we will prepare for any issue. Reach out to us today via the link below to see how we can help you.

https://www.ldowingslaw.com/contact.html