Archived
I filed bankruptcy 14 years ago. Its off credit report. On an application asking if I ever filed bankruptcy can I say no?
Craig's answer
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Answered on January 30, 2009
According to federal law, a bankruptcy can only be reported on a credit report for ten years. This law applies only to a credit bureau's and how...
Archived
Am I a candidate for bankruptcy, and do I have to give up my vehicle if I file?
Craig's answer
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Answered on January 30, 2009
It sounds like a Chapter 7 bankruptcy would work smoothly for you and should enable you to eliminate all of your debts, while being able to keep...
Alzheimer's and bankruptcy
Craig's answer
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Answered on January 30, 2009
If the person is competent enough to be able to prepare their petition and testify about their financial affairs, then they can file...
Archived
Should we file for bankrutpcy?? I'm so tired of being afraid to answer my phone!!
Craig's answer
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Answered on January 30, 2009
It sounds like Chapter 7 bankruptcy would certainly be the solution to your problems as it would probably eliminate all of your debts and give your...
Archived
What is a notice of filing of transfer of claims?
Craig's answer
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Answered on January 30, 2009
When you owe money to a credit card company and then file for Chapter 13 bankruptcy, the credit card company files a proof of claim in order to be...
Archived
Could I lose my personal property if I file for bankruptcy
Craig's answer
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Answered on January 29, 2009
For the typical bankruptcy case, it is extremely rare for a Chapter 7 trustee to come into your home and look around.
Your assets are covered by...
Archived
One spouse filing bankruptcy
Craig's answer
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Answered on January 29, 2009
When two spouses are jointly obligated on a debt, and one spouse files, then the "co-debtor bankruptcy stay" applies, which means that even though...
Archived
Filing Chapter 7
Craig's answer
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Answered on January 29, 2009
Based on your brief set of facts, you should be able to file for Chapter 7 relief and keep your home.
You do not have to be behind on your bills...
Archived
Can I be forgiven of debt if I'm on SSI?
Craig's answer
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Answered on January 28, 2009
This creditor will not forgive the debt because you are on SSI.
Even though you may not be able to pay it, the creditor can still sue you and...
Archived
Do I have the legal right to fix a clerical error on my deed and mortgage during a bankruptcy?
Craig's answer
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Answered on January 28, 2009
You have a very difficult situation on your hands. There is a presumption that the deed and mortgage are correct. It would be highly unusual that...
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