What happens if you are in a joint chapter 13 and you are getting a divorce and you are joint in two cars

There are many issues to resolve if you are jointly in a chapter 13. You need to consult with separate bankruptcy counsel for an independent...

What am I allowed to use my withdrawal from my Roth IRA?

Your Roth IRA is an exempt asset. If you withdraw any funds, only withdraw what you need at that time. When you file bankruptcy and if you have...

Not Delinquent yet. Can I still file?

You do not have to be delinguent to file bankruptcy. The problem is the car. If you own your home, you only have a $ 1000 general personal...

You can dismiss your bankruptcy, sell your home and pay your debt. Your home is exempt so you should consult with an attorney regarding this...

Does this chart accurately describe if you would qualify for chapter 7 vs 13 ? Tried to do research and this is what I found

The median income is the first step in the bankruptcy means test. If you are under median income, then the means test qualifies you for chapter...

Filing Chapter 7 bankruptcy how far in advance to not finance or make major purchase? General questions

I agree with Kevin Gleason. You are trying to engage in bankruptcy planning. Some planning may be legitimate, other actions can risk an objection...

You are not permitted to incur new debt during the chapter 13. An exception would be with trustee consent, for example, you are replacing a...

This issue is more complex than you think. Are you aware of a two year residency rule in bankruptcy to be able to use that particular state's...

Can jointly held car be seized after judgement?

Florida law makes a distinction based on how the title is actually held. If the vehicle title is in the name of Husband and Wife, it is protected....

How can I dealing with parents financial struggles, while using their home for the best outcome?

Your parents should consult a bankruptcy attorney. The homestead is an exempt asset (though a thorough review should be made to be sure qualifies...