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Welcome to the Blog for the law office of David E. Sykes, P.C. The purpose of this page is to offer you the attorney profile for Iowa Bankruptcy Attorney David E. Sykes and to provide you with the table of contents for professionally written articles on consumer Bankruptcy and related issues to help you better understand the subject matter and your own situation. These articles are only available to attorneys who are members of the Nolo Foundation as indicated by the special insignia found on this page.

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Table of Contents

  • What Is Bankruptcy?

    Posted on 6:03 pm February 10, 2011

    Republished with Permission © 2011 Nolo. Chapter 7 and Chapter 13 bankruptcy basics. Bankruptcy is a federal court process designed to help consumers and businesses eliminate their debts or repay them under the protection of the bankruptcy court. Bankruptcies can

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  • What Bankruptcy Can and Cannot Do

    Posted on 6:03 pm

    Republished with Permission © 2011 Nolo. Bankruptcy is a powerful tool for debtors, but some kinds of debts can’t be wiped out in bankruptcy. Bankruptcy is good at wiping out credit card debt, but you may have trouble eliminating some

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  • How Bankruptcy Can Help With Foreclosure

    Posted on 5:59 pm

    Republished with Permission © 2011 Nolo. by Attorney Stephen R. Elias Avoid or delay foreclosure of your home by seeking bankruptcy protection. If you are facing foreclosure and cannot work out a deal or other alternative with the lender, bankruptcy

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  • How Bankruptcy Stops Your Creditors: The Automatic Stay

    Posted on 5:59 pm

    Republished with Permission © 2011 Nolo. After you file for bankruptcy, the automatic stay offers potent legal protection against bill collectors. When you file for bankruptcy, something called the automatic stay immediately stops any lawsuit filed against you and most

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  • A Chapter 7 Bankruptcy Overview

    Posted on 5:58 pm

    Republished with Permission © 2011 Nolo. How Chapter 7 bankruptcy works. Chapter 7 bankruptcy is sometimes called “liquidation” bankruptcy — it cancels your debts, but you might have to let the bankruptcy court liquidate (sell) some of your property for

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  • Chapter 7 Bankruptcy — Who Can File?

    Posted on 5:57 pm

    Republished with Permission © 2011 Nolo. The bankruptcy “means test” and other Chapter 7 eligibility rules. Filing for Chapter 7 bankruptcy can be a powerful tool for dealing with overwhelming debt. But it isn’t available to everyone. There are several

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  • The Bankruptcy Means Test: Is Your Income Low Enough for Chapter 7 Bankruptcy?

    Posted on 5:56 pm

    Republished with Permission © 2011 Nolo. A means test calculator can determine whether you qualify for Chapter 7 bankruptcy — try one online. The “means test” is a formula designed to keep filers with higher incomes from filing for Chapter

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  • When Chapter 7 Bankruptcy Isn’t the Right Choice

    Posted on 5:53 pm

    Republished with Permission © 2011 Nolo. Chapter 7 bankruptcy may make you sacrifice property, yet not discharge all your debt. If you are inclined to file for Chapter 7 bankruptcy, take a moment to decide whether it makes economic sense.

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  • An Overview of Chapter 13 Bankruptcy

    Posted on 5:52 pm

    Republished with Permission © 2011 Nolo. The basic steps involved in a typical Chapter 13 bankruptcy case. Chapter 13 bankruptcy, sometimes called reorganization bankruptcy, is quite different from Chapter 7 bankruptcy. In a Chapter 7 bankruptcy, most of your debts

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  • Are You Eligible for Chapter 13 Bankruptcy?

    Posted on 5:52 pm

    Republished with Permission © 2011 Nolo. Learn whether Chapter 13 bankruptcy is an option for you. Chapter 13 bankruptcy is a good option for some debtors, but it isn’t available to everyone. Businesses Can’t File for Chapter 13 Bankruptcy A

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