How can I get the bank to not go after my grandfather for a car loan if I file chapter 7 during the redemption process?

Unfortunately, I am not aware of a way to get your grandfather off the hook. You can redeem the car for fair market value and if you were the only...

3 years in a Chapter 13, will be able to draw social security next year, can I draw benefits and not be penalized?

There is a specific exemption that prevents Social Security benefits from being used forcibly to pay your creditors which due to recent case law...

What are my options post Chapter 13 and may I contact Trustee directly?

If you want to get rid of the house, the fastest way with the least hassle may be to dismiss your case and then sell the house. If you remain in...

I recently filed chapter 13 bankruptcy and I am now on a payment plan. Is there any advantage in paying it off early?

It would not help your credit and if you are paying less than 100% to your creditors it could result in your having to pay more to your unsecured...

If the debt for which the creditor is seeking payment dates from after the date you filed your bankruptcy, then the creditor is free to seek...

Concerns a debtor in Chapter 7, with creditor having a judgment against their LLC, which is profitable and not in bk.

If the judgment is against the business entity then the fact that one of the owners/members of an llc files a personal bankruptcy would have no...

If I file chapter 7 on credit card Is the tax to be paid on the debt?

For once, a straightforward question with an easy answer. No, debts discharged in bankruptcy do not incur taxes.

Selected as the best answer

Chapter 7 and Second Morgage

Your personal liability for the second mortgage was discharged by your Ch7 but the lien on your property that the 2d mortgage represents was not...

Why does my credit report show my mortgages discharged by bankruptcy?

I am not sure I understand what you are trying to ask. If you are asking whether the bk should affect your credit, it probably will, though if you...

Yes, not only can it be included, it must be included. You have to list everything you own and everything you owe when you file bankruptcy. If...