I have a one third interest in a home with my two brothers. If I file for bankruptcy can the home be sold?

There are many factors that will go into whether your one-third interest in the home would be protected in a bankruptcy. Also, what Chapter of...

What is the next step when you have a judment against you.

In many cases, if there is a judgment filing bankruptcy will help eliminate the debt. In both a Chapter 7 and Chapter 13 bankruptcy, a judgment...

Will a chapter 7 get rid of my student loans? If they see that even the payments agreed upon by the loan company aren't helping?

If there is an extreme hardship, student loans may be discharged in a bankruptcy. However, it is extremely difficult to meet this hardship...

Quitclaim deed in chapter 7 bankruptcy...

Because the loan is in your wife's name, signing over the property via quit claim deed would only be a quick and shaky fix to your problem. The...

I had a chapter 13 case I want to reopen and a sale date in a few days.

You'd be able to file the suggestion of bankruptcy in the civil court once you successfully reopen your bankruptcy case. To reopen the case, you'll...

Where the heck is my tax refund portion given to my trustee every year going to if it's not paying down my balance?

Your tax refund is considered disposable income. Had you more accurately configured your tax liability when determining your budget and on the...

Contributing to an IRA

Yes, you may contribute to an IRA prior to filing a bankruptcy - it is a permissible way for pre-bankruptcy planning. Make sure to meet with a...

If my husband incurs medical expenses he cannot pay, am I liable to pay those debts from an inheritance I received?

Husbands and wives are usually able to maintain individual liability for debt if the debt was only incurred in one of their names. This is the case...

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Wrong amount entered on petition for credit card debt. is this ok?

Your bankruptcy petition serves as notice to your creditors that you have filed bankruptcy and will not be able to pay your debt to them. What is...

How should I write a response letter to the collecting attorney after being served with a summons when I owe but cannot pay?

My clients will often answer a lawsuit if they need more time to get their affairs together in order to properly file the bankruptcy. Once the...