It is correct that you can exempt as much as about $13,000. However, keep in mind that while other assets may have other exemptions like furniture...

There are issues relating to the timing of the transfer, the equity in the home, whether there are any other mortgages, etc. Also, if your wife has...

You definitely should have an attorney to file bankruptcy. There are different forms of bankruptcy. While in any form eliminating student loans is...

Filing date. A Chapter 13 can be filed less thaen 8 years after prior Chapter 7 if needed

Trustees typically ask for 6 months bank statements but they can ask for more. Even if account closed they will still want bank statements so no...

You can sell your home after you receive your discharge. If there were any judgments against the house when you filed bankruptcy, you want to make...

The case being closed on the docket is generally the final step. However, if final report was filed and discharge was entered, you would not need...

If the business is salvageable and a separate legal entity like a LLC or a corporation, a Chapter 11 may be appropriate for the business. To the...

As indicated, the court will consider his income and expenses, but not his assets. As long as you are able to provide the needed information it is...

As indicated, the court does consider household income. There may be circumstances where an argument could be made but the general rule is clear