Can just one spouse file for bankruptcy and have it not affect the other person?

There are very few jobs where a bankruptcy will negatively affect you. One spouse can file and the other does not have to file. The house will be...

Filing for bankruptcy and including a loan with a co-borrower

Your obligation under the note and mortgage will be invalidated when you get a discharge. That house is part of the bankruptcy estate because you...

Chapter 7 permits the debtor to get rid of all of their unsecured debt without having to make payments to that debt. It is not a good choice for...

Can a law firm who purchased your debt from a credit card freeze your joint checking account?

They can only freeze the bank account or garnish wages if you are sued and they get a judgment. The first thing you need to do if and when you...

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I cosigned on a rental , and it defaulted. As cosigner, shouldn't I have been contacted first before it went to collections?

The debt becomes due upon the default. They would have to notify you if they wre repossessing property or evicting your son because you would have...

I filed a chapter 13 over 4 years ago. when can i file a chapter 7?

While you must wait at least 8 years between filing two chapter 7 (11 USC § 727(a)(8)) bankruptcies (assuming you got your discharge) you need only...

Bankruptcy chapter 7

You can keep your house as long as the amount of equity you have does not exceed the State exemptions. People often ask if they can keep second...

I have been sued in civil court for unsecured credit debt. Can I ask for 90 days to seek counsel?

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...

Fighting not only one foreclosure but two.

When you file Bankruptcy you create a financial estate. That estate is “administered” by a Trustee. There are very different paths to the same...

Can credit card buyer foreclose on my personal residence

Filing a bankruptcy will stop any foreclosure activity from all creditors. Chapter 7 permits the debtor to get rid of all of their unsecured...