A cause of action for a civil lawsuit, came about just one day after filing Chapter 7 in Federal court

Normally, if the event giving rise to a cause of action occurs AFTER the filing of the bankruptcy petition is filed, the cause of action is NOT...

The concept of an "Order of Relief" in bankruptcy historically dates from a time in the past when most bankruptcies were involuntary. An "alleged...

In MI do you need permission from the trustee or bankruptcy courts to remove funds from a 401 (k)?

Unlike most other assets, funds held in a 401(k) plan are NOT "property of the bankruptcy estate" pursuant to Section 541(c)(2) of the Bankruptcy...

How does a secondary cardholder filing for bankruptcy affect my credit and account?

The very first thing you should do is obtain all three (3) of your credit reports to see if there actually is any derogatory marks on it. This can...

I want to file Bankruptcy, will that save my vehicle that was repoed?

The real issue is whether you want to get the vehicle back. If so, you should consider doing a Chapter 13 case immediately and make demand for...

My wife and I divorced some years ago, approximately 7. In our divorce decree she was to give me the house

It is possible in a Chapter 13 case to "strip down" a mortgage lien against real estate so long as there is absolutely NO EQUITY that can be...

Assuming that you have already received your discharge, it IS POSSIBLE for a Chapter 7 Trustee once alerted to the fact that you may own assets...

I filed a Garnishment on a sole proprietor business and now they filed bankruptcy is there anyway for me to collect still?

Depending on what chapter was filed and what the underlying basis for the debt is there may be some basis for you to make a recovery. However, you...

How to pay off your credit card account which is not paid for almost 3 years?

It may be possible to do a non-bankruptcy "arrangement" with these two creditors assuming that they are your only debts. I would recommend speaking...

I agree with the last respondent. More information is needed. One of the important questions is whether this property being deed to you and your...