Do I have to deal with a collection lawyer or can I contact the medical provider?

The first thing you need to do if and when you get sued is file an Answer. The summons will tell you that you must “appear” by way of an Answer in...

My Father lives off the interest from a irrevocable Trust, but he has filed for bankruptcy!

If he is in a chapter 13 he would have to pay off 100% of all of his debt, not just the payments provided for in the Plan, in order to shorten the...

If i cash in my 401k while i am in the process of fileing for bankruptcy will I loose that money?

Don't do it. File the bankruptcy before you cash out the retriement account and talk to a local bankruptcy attorney about what you should do...

I recently cashed out my private life insurance at the surrender value of $37K? Will I have to surrender this in Ch7?

Do not pay back family and friends no matter what. Talk to an attorney about paying down secured debt for which there is an available...

No one will come to check what you own nor will they challenge most valuations because used furniture and clothing, no matter how dear to the...

I have requested a full and complete copy of my bankruptcy filing that my attorney filed with the court for my records.

Your attorney should easily be able to give you a copy of the petition either from the file or from the electronic record.

How does Lien stripping work? I took out a loan using my house as collateral (which has lost value and has very little equity).

In a chapter 13 you may be able to get rid of the second or third mortgage. In a 7 you can strip liens that are from judgments for unsecured...

How long do foreclosures, Ch7, or Ch13 bankruptcy stay on your credit reports? Do they all harm your credit equally?

Bankruptcy 10 years from the filing date. Foreclosure 7 years, but a foreclosure is generally considered worse then a bankruptcy. REQUEST:...

A car was repossessed a day after making payments to bring account current. Creditor says they received no payment. Owner

The owner does not get notice of the repossession but the company that has the car should allow that person who owns the vehicle to get their...

How long does it take for a Chapter 7 Bankruptcy to be complete.

If there are no issues with the sale of assets or objections to exemptions about 4.5 months from the filing date to the discharge and then the case...