Filing Ch. 7 soon. Gave $4000 gift to daughter 6 months ago.

The worst case is that the $4,000 could be considered a gift ("6 months ago I gave") instead of a loan and could result in denial of discharge...

I am going to do chapter 7 bankruptcy but have 1loan that was co signed.I dont want to hurt the co signer credit.what can I do.

You must disclose everything you owe on your petition. After you file a chapter 7 case, you are allowed to pay any debt you wish to pay using...

My husband and I dedcided we need to claim bankruptcy, but we do have a few Credit cards

Last year. Seriously, incurring a debt that you do not intend to pay because it will be discharged in bankruptcy is fraud.

I don't ordinarily second-guess the attorneys people hire to represent them, but what you're describing seems very unusual. Your district allows...

If you executed a security agreement that describes the mattress with reasonable particularity, the store has a purchase money security interest...

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Can I file for homestead exemption while in Chapter 13 bankruptcy?

I would be very surprised if you could file a homestead declaration during your case because your home is property of the bankruptcy estate and you...

A couple of questions about filing Chapter 7 bankruptcy in Rhode Island

The reason it's probably better to buy the car first is that there are specific exemptions for motor vehicles under both the Rhode Island and...

Bankruptcy chapter 7 median income

The key point in all of our answers is that the means test has two parts: an assessment of your current monthly income (above or below median) and,...

Bankruptcy under chapter 11

You haven't said whether you voted for or against their plan, so I'll assume that it's still early days and that the plan hasn't been confirmed. If...

Bankruptcy Barred from refiling

You are a separate legal person from any corporation or LLC in which you have an ownership interest. Therefore, the entity can receive a discharge...