Have 1 house in OH & 1 in FL. Husband FL resident. Can we keep both houses if filing Chapter 7?

People often ask if they can keep second homes, cars, boats, tax refunds, etc., when they are contemplating Bankruptcy. I always tell them they...

How do I put a lien on property ?

You will have to check the state law to determine what is required to get a security interest in the property. More likely than not you will need...

What happens with reverse mortgage if file bankruptcy

The reverse mortgage is a secured debt that will not be extinguished if you file Bankruptcy. Think of it as a mortgage that you don't make...

Can my tax return be taken to pay debt?

If there was a wage garnishment in NY then there is a judgment against you. It is very difficult for most judgment holders other then the...

I live in TN.. I have 6 credit cards. I believe all are charged off. Should I file sill bankruptcy?

If you file now you qualify for a Chapter 7 Bankruptcy but you should have an attorney analyze your situation. When you are employede again the...

In a shortsale as long as there is an offer on my house do i need to keep paying my monthly mortgage? will it go into foreclosur

Depending on the laws in your state regarding "recurse" or "non-recourse" loans you may or may not be liable for the deficiency of the home is sold...

How can I get my parents off a subpeona for my debt that they have nothing to do with the debt I owe?

Hire a lawyer. Your parents are being sued and they will have a judgment against them if hey do not act right away. The first thing you need...

My friend house got foreclosed. He was advised to file bankruptcy. Apparently, so that the foreclosure notice can be erase from

The foreclosure will stay on his credit report for 7 years if the judgment has been entered. The Bankruptcy will stay on the credit report for ten...

You do not have to be behind in any of your obligations to be eligible to file for bankruptcy. It may actually help you rehabilitate your credit...

What Are Debt Collectors Allowed to Do to Collect Debts? A: In general, debt collectors are allowed to make civilized contact with you to make...