The fact that Ally advised you that you do not need to reaffirm your debt is irrelevant as to your liability for missed payments. As my colleagues...

When a debtor, who has a mortgage, receives a Chapter 7 discharge, the promissory note is extinguished. That means the debtor no longer has a...

Unsecured debts are discharged in a Chapter 7 bankruptcy. Secured debts remain. If a debtor continues paying the secured debt, the underlying...

It is a common scenario when friends or family assist debtors by giving money to help pay for expenses. Some debtors think this isn’t income, but...

Nothing will happen to your financed car. When you file bankruptcy you have a choice: you can keep your financed car and continue to make your...

The good news is that once you file a routine, non-asset Chapter 7, your worries regarding your unsecured debts (credit card, medical etc.) are...

Good news! You will discharge the unsecured debts you have with your landlord if you file Chapter 7. Any creditor can “dispute” the discharge by...

If you are still receiving collection calls from creditors and from your mortgage company, your bankruptcy case has not been filed. You need to act...

Based on the assets you referenced, your savings can be exempted, if you hold the account with your girlfriend, since your 50% share will be below...

A Chapter 13 debtor can convert to a Chapter 7 if there is a change in circumstances... for example, if the debtor makes less money and cannot...