The answer is "it depends on the equity cushion in the properties." You'll need to ascertain the fair market value of the properties, subtract...

You have $70,000 of debt, and you may be paying a great deal of interest on that debt each year. Perhaps $14,000 of interest each year if the...

I want to provide you with a clear understanding of a crucial aspect of Chapter 7 bankruptcy, which is the automatic stay, and how it affects...

There is a marital deduction for non-filing spouses, so ALL expenses paid by your non-filing spouse, should be listed as a marital deduction to...

Vehicles can be surrendered, redeemed, or retained in a bankruptcy case. The best option is whatever suits you best. Some vehicles should be...

You are allowed to dismiss your Chapter 13 case. Section 1307(b) of the Bankruptcy Code says that a "court shall dismiss" a Chapter 13...

I've discharged $50,000 in gambling debts in the past without any problems. It's important that the debtor admits to the gambling debts and seek...

An attorney needs to evaluate income, assets, and debts to determine if you should file bankruptcy.

Disclose, Disclose, Disclose ALL income received from ALL sources within 6 months of filing bankruptcy on the means test. You'll pass the means...

The answer to your question rests upon the amount of equity you have in your home. A modest amount of equity will qualify you for a chapter 7...