It is a common misconception that a debt can't be turned over to a collection agency as long as you are making payments, even if the payments are...

Your bankruptcy attorney should ask you for information about all transfers within the past four years, as well as any money or property you may...

Can I discharge a Lump Sum Alimony of $40k in bankruptcy chapter 7?

No. You can't discharge any obligation to a former spouse arising from a marital settlement agreement or dissolution of marriage action in Chapter...

While it isn't exactly like Judge Judy (real judges don't usually roll their eyes and scold the parties) it is similar in that your cousin has to...

Will filing bankruptcy of a debtor cause a probate to not close?

Do you mean you are the executor/personal representative in the probate estate, or maybe that you are the beneficiary of the estate? If you are...

Do I need to include 1099-C income on my taxes if I am filing for bankruptcy in the next couple of months?

Getting a 1099-C doesn't mean the debt has been "discharged" in the same way as it would be in bankruptcy, it means the creditor has reported a...

No, it is not the same thing. Delivery by FedEx, UPS, or any other delivery service does not meet the requirements of Bankruptcy Rule 7004. When...

A pre-petition creditor can't take any action against the debtor to collect a pre-petition debt. I agree that if you are current on the HOA fees...

Yes, you can discharge an overpayment owed to a governmental agency, but in some cases the agency will try to set off against future benefits...

The co-owner of my mortgage filed for bankruptcy. I have always paid on time, can I still sell the house?

You should file a dispute with the credit reporting agencies, because the information being reported is not accurate. Your personal liability to...