You absolutely have to list the debt on your petition and note that any payments made to your sibling on account of this loan within one year from...

Timing of Chapter 7 Bankruptcy

Barring any unusual circumstances such as a repeat or bad faith filing, the Automatic Stay will be effective at any time until the property is sold...

You can file bankruptcy after arbitration. Not all debts are dischargeable in bankruptcy however, and when I hear the word divorce, my radar goes...

The filing of bankruptcy will stay the foreclosure proceeding. The duration of the stay will depend on the type of bankruptcy case he files, the...

What are my rights

You may wish to consider bankruptcy. The mortgage holder will not be permitted to contact you in an effort to collect the debt. However, you will...

Disability and bankruptcy

If the creditor obtains a judgment than that judgment will be a lien on your home. In New Jersey a docketed judgment is a judicial lien on all...

I want to learn all I can about an assignment for the benefit of creditors. This is basically State run bankruptcy.

An assignment for the benefit of creditors (“ABC”) is governed by most state statutes. It was originally a product of common law, but over the...

Am I able to include rent due in my bankruptcy if my boyfriend and I are both listed on the lease? He is not currently employed.

The rent would be dischargeable in bankruptcy (goes away), but in order to prevent eviction, you will need to cure the past due rent payments. A...

Is under water mortgages discharged in chapter 7 Bankruptcy

Your personal obligation for the mortgage note is dischargeable, but the lien on the property remains. There is some circumstances where the lien...

You will have to disclose the lease on Schedule G of the petition and provide the contact information of your landlord. If your landlord demands...