Would credit card debt and car payment in my spouse's name from separation agreement be covered under bankruptcy?

In a Chapter 7 bankruptcy, all debts or obligations to your spouse or ex spouse under a divorce judgment or agreement entered into as part of a...

Is there any form the bank is sending me that can secretly reaffirm the mortgage and hold me for the under water amount?

I agree with the other responses. Indeed if the lender requests that you sign something making you liable for a discharged debt (ie your personal...

If mortgage did not reaffirm after Ch7, what can i be held personally liable for?

Bruce Truesdale's answer is basically correct. Whether you have any current issue depends on the condition of the tank. I would first see an...

Can I see (for certain) what debts can be discharged before declaring bankruptcy?

The previous responses are correct, but you would have to bring in the documents for the basis for the military debts. Certain ROTC and training...

Payment or bankruptcy

First you need to do a careful budget to figure out what you can afford to pay. A bankruptcy will cause immediate damage to your credit but these...

When filing Chapter 7, do I have to relinquish secured debts if I'm able to keep the payments current? Car, condo.

You are certainly free to continue paying on secured debt such as mortgages and car loans. Indeed, for any car leases or loans, you are going to...

Your liability depends on the terms of the sublease. But beyond that closing a business that is losing money is often the best course of action....

In a chapter 7 can a trustee use my homestead exemption to pay a judgement?

A trustee has the power to avoid a judgment lien. What is more likely happening is that the trustee miscalculated and after paying his own fees and...

I consigned a student loan because someone else couldn't. The loan is delinquent and she's now getting married.

You cannot remove your name from the loan except by paying it. You can add a statement of up to 100 words to your credit report to explain what...

My only income is SS, and a state pension. I am 66 and live in NJ.Is my income subject to garnishment? Should I file for Ch 7?

Chap 7 would discharge the non tax.debt and make it easier for you to pay the IRS. Not paying debts would likely result.in suits, judgments and...