While I agree with Mr. Truesdale, I caution you to consult a CPA and use IRS Form 982 so that the forgiven debt income will be excluded from your...

After bankruptcy

You should request a copy of your credit report from all 3 credit bureaus about 90 days after your discharge is granted, and check to see that all...

The deed for my home is in my name but the mortgage is in a friends name. I want to file for ch 7 & do not want to lose my home

You will not lose your home so long as the mortgage continues to be paid, and you have no more equity than the maximum allowed. You should seek...

The judgment is good for 20 years and the creditor will levy on any asset with your name on it. While you may be able to stop the creditor from...

Reaffirmation

First, check with your bankruptcy attorney to make sure you did not reaffirm. If you did not sign a reaffirmation agreement, or if the agreement...