I am 81 and have 3 large credit card debts. can i file for bankruptcy

You probably would qualify to discharge your debts in a Chapter 7 bankruptcy provided that you do not have any "unexempt" assets. Discuss your...

Does it make sense to re-affirm a mortgage discharged in Chapter 7 bankruptcy if no payments have been missed?

Never, ever reaffirm a mortgage. The mortgage company almost always offers the same terms that you had before. If you wish to retain the home,...

Can my ex spouse file bankruptcy on past and future alimony owed

Your spouse can file a Chapter 7 or 13 bankruptcy regardless of the alimony obligation. However, a domestic support obligation is generally not...

Do I need to file bankruptcy?

A little more information would be helpful. However, if your goal is to eliminate your potential personal liability on the old mortgage, as well...

Is it possible to not qualify for either Chapter 7 or Chapter 13 Bankruptcy due to loss of high paying job?

You may file under either chapter. However, in a Chapter 13, you must have sufficient income to make plan payments to the trustee. In this case,...

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Will a chapter 7 effect my 401k?

I assume that you acquired the 401k through an employer and made contribution over the years. A retirement account such as this will be exempt in...

It's relatively easy to object to discharge and request a hearing. However, the creditor (or its attorney) must then show that you are not...

Your lease should provide most of the answers to your inquiries. Usually, the landlord is responsible for replacing faulty appliances. But again,...

The bankruptcy filing will make things a little more complex if you get a buyer. You are still responsible to repay the amount owed on the...

I want to file a bankruptcy. I injured someone during a car accident. I plead guilty to a DWI.

You may file for a Chapter 7 bankruptcy if you qualify. However, this type of debt would not be dischargeable. I recommend that you discuss the...