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Douglas Gist Farquhar

Douglas Farquhar’s Legal Guides

12 total


  • Does my spouse have to file bankruptcy if I file?

    No!your spouse does not have to file bankruptcy along with you if he or she does not want to.You can file alone if you wish without your spouse becoming part of the bankruptcy at all. If the non-filing spouse has significant personal debts and they want to file with you they can...

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  • Don't spend down your retirement before you file bankruptcy

    I should add, unless it's over $1 million. That's right. You can save up to $1 million in a government approved retirement fund like a 401k or IRA and it will be exempt in the bankruptcy. That means you can get rid of your debts and keep the retirement fund to spend as you wish....

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  • Debt's will not go away. You need to file bankruptcy if you have too many of them

    Many of my clients have debts that are very old. Collection agents have long since been brought in and my clients are being called on the phone sometimes 20 times a day to pay these debts. It's especially vexing if you have a number of these collectors each trying to call you nu...

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  • Do I need an attorney to file bankruptcy?

    The short answer is yes! Don't try to file a bankruptcy without one! Your attorney will know the law first and foremost. The attorney will know if you have too much property or income for instance as he will do a means test calculation for you as is required by the law. I recent...

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  • Can I still pass the means test if I have spouse who makes good money?

    Good news! That is okay! Generally a non-filing spouse's income is included in the bankruptcy means test as household income even if the spouse is not filing bankruptcy unless the spouses live apart. But if your marriage is a recent marriage of less than six months then not all ...

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  • If you can't file bankruptcy for some reason then we can settle your debts

    Yes, we can settle your debts! Usually at a steep discount over what is owed. You may have already received letters from creditors offering these discounts if you have held this debt for some time. If a bankruptcy attorney calls the creditor and explains that you may file bankru...

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  • What bankruptcy can do for you

    Have you considered bankruptcy? If you have many debts which you cannot pay then it may be good idea to consider filing. If creditors are calling you 50 times a day and your credit score is shot then it might be time to consider it. If you have lost a job, or faced medical issue...

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  • Cash for keys is still available after foreclosure and my advice to is get that cash!

    How many times does someone hand you cash?I'm sure it's not often but it is the case that lenders are offering cash for keys after a foreclosure.You may or may not be upset about the foreclosure and you may actually be relieved that the process is all over.You may have tried a sh...

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  • Where can I get my credit report and how much will it cost?

    Good news! It's free! But don't go anywhere that say "free credit report" and expect a free report with no strings attached. The proper place to go is annualcreditreport.com. This is the site that the credit reporting agencies were forced to set up by law so that you as a citize...

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  • Can your landlord evict you if you file for bankruptcy?

    No! Your landlord will probably not even know that you filed and if he did you are protected by law. A landlord cannot legally evict a tenant for filing bankruptcy. If you file bankruptcy and then try to move in a landlord can keep you out only if he has a policy that every pros...

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