My son is 18 and accepted a netbook from the local school corporation. He lost the computer, am I responsible for this debt?

Is someone demanding payment for the notebook? Was it a loan or did he purchase it and agree to make installment payments. You have provided too...

Which is better to guarantee repayment of a personal loan to a family member a promissory note or a personal guarantee

They would receive similar treatment in a bankruptcy. Make sure both are in writing and clearly set forth the debt from your family members to...

Do we have to just give what they ask for?

You already have an attorney handling this. Are you familiar with the terms of the communications regarding the return of the scanner? It appears...

Buying a home

No. The bank likely would not lend you money based on 100% of the appraised value. As of now, it appears you are buying a home that has a 10%...

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I am being sued by my second mortgage company. Can I include this debt in bankruptcy Chapter 7?

I am sorry that you are in this predicament. As you know now, you made a grave mistake in reaffirming your second mortgage. In case you are...

He filed bankruptcy and tricked me out of my money

The primary way to recover monies from a debtor is by filing a proof of claim. Since you are suggesting that the debtor defrauded you of your...

ARE FUNDS FROM A REVERSE MORTGAGE SETTLEMENT DEPOSITED IN A IRA ACCOUNT AVAILABLE TO CHAPTER 7 B/RUPTCY CREDITORS

You have not told us about the amount of money involved (e.g., the typical annual IRA contribution), the timing of the transfer, the type of...

You got fifty thousand dollars racked up in credit card bills,lost your job two years ago,cant pay bills, what court do u go to?

Based on the lack of familiarity with what is legal about filing for bankruptcy (it is legal), your friend needs to consult with an attorney to...

What if I can't afford to return my tax return to my bk 7 trustee?

When you file for bankruptcy, there is a dividing line between your pre-bankruptcy estate and post-bankruptcy estate. You cannot blur the lines...

Credit Card Payments - Getting Behind through divorce

I am not sure why you would not divulge the financial responsibility for the motorcycle to the court. Not to be harsh but since you did not...