How are city back taxes handled when filing for bankruptcy for a small C-Corp

It looks like you may be interested in filing an individual chapter 7 case based upon business debt and perhaps a corporate chapter 7. The...

How does my spouse's debt effect me? How does it do so in a divorce? Or in bankruptcy?

You would need to review each trade line of your credit report along with the mortgage and promissory note to determine how your husband's...

Will a court force someone to sign a settlement agreement that is inaccurate and/or incomplete?

It's imperative that you seek legal counsel to review the property settlement agreement. PSA's are typically 20 + pages long and contain dozens and...

How can I get away from a mortgage on a house I no longer reside in by filing chapter 7

It is not uncommon to be on the mortgage, which obligates you to the debt but have no legal ownership of the real estate because your name does not...

An LLC does not receive a discharge under chapter 7 of the bankruptcy code. Only an individual receives a discharge under chapter 7 of the...

When To File For Chapter 7 Bankruptcy?

A tenant should always file a chapter 7 bankruptcy prior to the landlord obtaining a judgment if time permits. The reason is that the automatic...

Can I make a collection agency stop calling?

Yes. Federal consumer laws prohibit this exact type of debt collection. Call a consumer attorney sometime tomorrow afternoon and find out about...

Used up all student loan forbearance bullets, and i'm now just considering non-payment. Next best steps and possible scenarios?

A chapter 7 bankruptcy erases your unsecured debt but it will do nothing for your student loans. That said, a student loan can be erased in a...

Will any of the interest I save have to be paid back as an unsecured debt? Will my co-debtor be liable for what I saved?

If your car is worth less than what you owe on it, you may be able to use a Chapter 13 bankruptcy “cramdown” to reduce the balance and interest...

Would the $30,000 in equity be a problem for me to file without my spouse? Again, I have no ownership of the house.

You don't have $30,000 in equity because your not on the DEED. Your spouse has $30,000 of equity. That said, Pennsylvania family law believes in...