In general filing a bankruptcy case does not restart the statute of limitations on a debt. However, because the Automatic stay 11 U.S.C. 362(a)...

I live in Sacramento, CA and am contemplating filing for a Chapter 13 bankruptcy.

Essentially what happens is that you will be given 60 months to make up the missed payments you have to your mortgage company as of the date you...

What steps do we need to take? My daughter recieved a phone call from a debt collector saying she owed on a credit card from the

In general the answer is no, if the debt is that old and the statute of limitations has run then there is a very good affirmative defense. ...

I had an agreement wiyh chase credit card to pay 50.00 a month auto debit. They chose to quit taking my money and now are callin

This seems a little strange if you already had an agreement in place with Chase. Was the agreement reduced to writing, even an email? If you have...

I settled a debt with collection agency in court in front of a judge. I tried to make my first payment and they said my account

It could mean a lot of things in the world of creditors. However, generally it means that the case was pulled from the lawyer's office and being...

I charged on a friend's cc but now i am in desperate measures and can not afford all these bills. can i file bankruptcy?

You may file bankruptcy. However, you will receive a discharge of all debt including liability owed to your friend but your friend will still be...

If my soon-to-be ex-husband files bankruptcy and i don't, what could happen to me?

As long as you kept your cards separate, you should not have to worry about your ex-husband's filing a bankruptcy case. However, if you were an...

What is penalty for a lender that has violated the auto stay?

You filed a Chapter 7 case and received a discharge of all liability personally including your mortgage debt. So you do not have any personal...

Bankruptcy question regarding assets

This is a case where you really need to plan properly as to the timing of your filing as well as who you can pay, how much you can pay and when you...

Can a collection agency contact my employer to verify my employment.

If you inform the debt collector not to contact you at your place of employment or to not contact your employer, they can not pursuant to the fair...