The only way you can lose a house in a Chapter 13 is if you fail to make monthly mortgage payments, or fail to make plan payments, or if your plan...

The first thing to do is to notify the lender and its attorney that you filed bankruptcy. They will need the case number and the date filed. Then...

Yes, there are no restrictions on buying a car for cash. If you are in a bankruptcy case, ask your lawyer for confirmation.

I believe you have the right attorney. A person does not have to be a dependent to be included in the means test household size. It is not...

It may be. An analysis of your assets, debts, and financial information is needed to see if you can file Chapter 7, or Chapter 13. A Chapter 7...

The Trustee can't reverse the transaction. However, the Trustee may object to your plan unless it pays your unsecured creditors $6000 or more. So...

I agree with Mr. Lefkowitz's excellent answer. I will add that many hospitals have a social worker, or some non-billing department employee, who...

You can file Chapter 7 bankruptcy, but there are some traps. One trap is that the Trustee can sell non-exempt assets. What are those? You will...

Yes, redemption is a great idea. You also have an agreed value which makes court approval easy. The only rub is that you must pay the redemption...

Selected as the best answer

Bankruptcy has a means test which determines if you qualify for Chapter 7. It also determines how much of your unsecured debt (credit cards,...