It very much depends. The answer depends on the value of the business, the chapter of bankruptcy you file, and available exemptions to your case....

How do I get my name removed from a timeshared deed after bankruptcy?

Bankruptcy does not change a deed or ownership, it only gets rid of the underlying debt. This means that the company cannot come after you for the...

SShould my sister be responsible for taxes?

The government does not care about any agreement you had. They want their taxes paid. You may be able to try and collect the property tax from your...

There are many schedules that you have to file in order to file bankruptcy. The schedules include statements about your income, assets, debts,...

How can I do with 1099c because I had a short sale of my house in 2010.

A 1099-C is reported to you and the IRS. It is important to make sure it is addressed properly or the IRS will conduct a mini audit and apply that...

Wage garnishment if I live in PA but work in Maryland?

It is likely that if you are worried about a wage garnishment, there is a judgment against you. From my understanding, Pennsylvania does not...

Do you always have a 1099 on debt forgiven and gives that to you?

As the other answers have elegantly put, it really will depend. Not all creditors will issue 1099-C and some may wait till the last moment....

Can a loan company repo my car if there's no insurance?

Part of your agreement when you finance a car is that you will insure the vehicle. Not having adequate coverage on the vehicle is a break of...

What should I do?

You should ask the attorney for an accounting. Basically a breakdown of the total debt, interest, payments, costs and expenses. You do have to...

Are on line bankruptcy companies a scam ??

I usually always recommend meeting an attorney in person before hiring him or her. But, these days with new technology and virtual offices, needing...