If I close out my mothers checking account, with $800.00. Would I be responsible for outstanding debt?

If the credit cards were in your mother's name solely, and you have not used the cards as an authorized user, then neither you nor anyone else is...

Are my retirement fund / Roth IRA subject to potential seizure, if I am being sued for a car collision? Is bankruptcy an option?

The only reason to file bankruptcy with respect to the auto accident would be to protect your assets from seizure following a judgment against you...

After you claim bankruptcy can you claim house taxes

As long as your bankruptcy case is still open, you can file an amendment to add additional debts, including back taxes.

Is the father responsible for the credit card bill?

You are responsible only for debts you personally incurred, or for which you are a signatory, as on a joint credit card shared with another person....

Can I file for bankruptcy under Parent plus loan?

Unfortunately, under the Bankruptcy Code, amended in 2005, student loans can not be discharged in bankruptcy without the showing of extreme...

Does personal bankruptcy absolve me of paying back taxes owed?

In bankruptcy, some income taxes may be discharged. The rules are a little tricky but in general if your meet the following conditions, your taxes...

How does repayment of a college loan for a child in a divorce situation get determined, specifically a parent plus loan?

There are two different issues here. With respect to the student loan that you signed for solo, the lender will have a claim against you, but not...

Question about bankruptcy

Domestic Support Obligations are NOT discharged in bankruptcy.

Hello, If my husband file's for Bankruptcy does that leave his creditor to come after me for payment?

There is only one way to be liable for a debt: you have to be an obligor, in other words, you have to have a contract to be responsible. If your...

As long as you did not reaffirm the mortgage after filing bankruptcy, you will not be responsible for any taxes. However, if you did reaffirm the...