What happens if the bank holding the loan on my car fails to repossess in a timely manner?

If you are in default on your car loan, then there is no time limit for the lender to repossess the vehicle. Keep in mind that your car may...

First, there is an issue as to whether your tax refund is exempt in your Chapter 7 bankruptcy case. In all likelihood, the answer is that it is. ...

I filed a chapter 13 in March of 2003 and was discharged in may of 09 now I need to file 7 can I

The answer is YES; you can file for Chapter 7 bankruptcy at this time. That's because more than six years elapsed since you filed your previous...

Is the 8 year rule for BK retroactive?

Anyone who files for Chapter 7 bankruptcy cannot obtain a discharge if they had a prior discharge in a case that was filed within the prior eight...

You can sell assets in a Chapter 13 case. However, if you want to technically comply with the Chapter 13 law, and you want to sell something...

I am the primary card holder on a store credit card. My aunt is the secondary holder. Can I file chapter 7 without it affectin

It is hard to tell what you mean by saying your Aunt is a "secondary holder." If your Aunt is a "co-obligor" with you, meaning that each of you...

I filed chpt 7 and they said would request me to pay part of my tax refund to the trustee, what if I decide to keep it.

. You live in New York where a single person can only protect a total of $2,500 of liquid assets. This includes cash, money in the bank and...

I filed Chapter 7 in Oct 2009 and I am wondering how it will affect my tax return? Will I forfeit it?

First of all, all or most of your tax refund might be exempt. However, you should have claimed an exemption for the tax return in the Schedule of...

My husband and I have just filed chapter 7, will we be able to keep our refund?

PROTECTING YOUR TAX REFUND IN BANKRUPTCY Almost all debtors can protect a tax refund when filing for bankruptcy. However, the amount you can...

We are filing ch 7 in ok. attorney said to spend our tax refund prior to filing. what can we spend it on w/o penalty?

Mr. Bordeaux gave some good tips above. I just wrote a detailed article on my bankruptcy blog covering this very issue. It is part of a series...