Credit affects of surrendering car with no reaffirmation.

It should not. The debt was discharged in the Ch. 7. The credit report is about payment history. That ended with this account when the Ch. 7 was...

Do you think that $7500 for an ongoing Chapter 13 bankruptcy case is too high? It seems very high to me. I live in the NJ area?

It all depends on the complexity of your case, the prevailing market and the experience of the attorney. I have received that much in fees a time...

Fraudulent transaction cases are costly and time-consuming. Unless your judgment is humongous, it may not be worth the expense. It looks like the...

Bankruptcy does not remove the lien of the 2nd mortgage, only your personal responsibility for the debt. That allows 2nd to foreclose, or get...

Can a bank take my SSD for a debt that is not mine?

First it may be a good idea to open an account with small community bank or credit union and have your check send there. That way you are more...

Selected as the best answer

I agree with Mr. Boyer. Since he is in NJ, he is in the best position to know how bankruptcy courts in his area treat this type of debt.

Normally, this is not a problem. It will depend on the cost of the bike, the necessity of having a bike and where you acquired the money. If the...

Not usually. There would have to be an issue such as increased income, receiving significant money, etc. Check with your attorney about any...

You should check with a creditor’s rights attorney to see if this is worth pursuing. Generally, any recovery for a fraudulent conveyance is...

Mr. Caldwell makes an excellent point. I will add that the CARES Act allows 401k withdraws without penalty in some circumstances. However, you...