If my husband lets his home go back to the bank and discharges the loan in bankruptcy will he be able to get another mortgage?

The usual time frame before you can qualify for a mortgage after bankruptcy is two years; however, that does not mean that you will automatically...

Does my sizeable tax refund impact my chapter 7 means test as to income.

No, your tax refund is not considered income, but it is considered an asset that you will need to list and exempt; otherwise, it may be subject to...

In Pennsylvania, your wages can only be garnished in very limited circumstances, such as: to pay off a judgment which relates to a divorce,...

Can ch 13 stop a foreclosure?

Yes, even if you file the day before the sale, the stay order that goes into effect upon filing will force the lender to cancel the sale. Of...

After you have filed Ch 7 bankruptcy once in the past, how long do you have to wait before you can file a Ch 7 again in CA?

You must wait 8 years before you can file another Chapter 7 case.

My wife is planning to file for bk ch 7 , will that affect me?

That depends. If you and your wife have joint debts, then yes you will be affected because her liability on those debts will be discharged leaving...

I used my funiture as collertal on a personal loan will I have to surrender it?

I would list it under Schedule F and let the creditor dispute it. Of course, you should take all documentation regarding the loan to your attorney...

After Chapter 7 Bankcruptcy, one of my car loan still shows a balance and status says charge off

The debt should be listed as "discharged in bankruptcy"/"included in bankruptcy". If it is not, you should write a letter to the credit reporting...

Unfortunately, your obligation to third party creditors does not get wiped out simply because your ex has agreed to pay the debts in the divorce. ...

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I am currently 3 payments in arrears on a loan mod. Will I have to catch all payments in a 13 to keep the house?

One of the great things about Chapter 13 is that the plan can keep your mortgage payments current and permit you to pay off the arrears over a five...