Your bankruptcy should not affect your husband’s credit at all since you say your debt is solely in your name. Even though you are married, your...

In New York, a judgment lasts for 10 years and can be renewed for another 10 years. If you are working, the creditor can garnish your wages....

If you are only a beneficiary, you will not get any money from the account until your parents pass away. Their account would not be affected by...

If I WIN a judgment within 3 months of filing chapter 7, is it included in my income when determining eligibility to file?

If you didn't receive the money from the judgment, it would not count in the means test. Depending on how much the judgment is for, you may be...

Since your case was closed you can sell your house and the trustee is not entitled to any of the proceeds.

If I get an income tax refund in March, spend it on a car, then file bankruptcy in September, will I have to pay the trustee?

You should be able to keep the car without any problem if you are only paying $5,000 for it. Depending on whether you own real estate or have a lot...

If I file for bankruptcy does wage garnishment automatically stop

As soon as you file for bankruptcy the wage garnishment should immediately stop.

Am I able to file a chapter 7 bankruptcy even after liquidating my 401K?

It sounds like based on your family size and financial hardship you should qualify to file a chapter 7 case.

Quite a few trustees in NYC require 3 months of bank statements and one trustee in Manhattan asks for 6 months of bank statements. Some trustees do...

I got a garnishment of pay notice from a credit card company where I have unpaid debt of almost $10K. What is my best recourse?

Bankruptcy may be a way for you to stop the garnishment and wipe out the debt. You need to speak to a bankruptcy lawyer to determine which...