Bankruptcy related question??

Even if a judgment is entered against you, a bankruptcy will generally discharge the debt just as if you had filed your bankruptcy before a...

I may qualify for being Judgment Proof. Must I also wait 8 yrs to file for Judgment Proof from the time of my Ch 7 Bankruptcy?

You are eligible to file chapter 7 again 8 years from the date of your initial filing (not discharge).

In bankruptcy, is there recourse against debtor for the guarantor of a loan?

Generally, if you were not listed in a bankruptcy proceeding, you are not bound by the discharge. However, if you had actual knowledge of the...

I see no problem with your thoughts on this, and it seems only reasonable to not keep a car with negative equity as you mentioned. I don't see a...

Selected as the best answer

Is there a way to start a new business ... and then soon after file personal bankruptcy without effecting my business?

In the Middle District of Florida, where St. Pete is, "most" trustees will not bother with a business if it has no clear value. Any form of...

If I file for personal bankruptcy, do I need to file for business bankruptcy as well?

Yes, you are supposed to list all your debts, which includes corporate debts you have personally guaranteed. Your personal case may discharge that...

Can private student loans be discharged in bankruptcy?

I agree with Mr. Brewer, but be sure to not underestimate how difficult it is. It's extremely hard to meet all of the requirements, especially...

Selected as the best answer

How do I file bankruptcy the cheapest way?

You are allowed to file bankruptcy without an attorney. It's called a pro se filing. BUT... there are many potential and unknown pitfalls. ...

In Florida is a new house purchased after a large judgment has already been granted protected by homestead exemption?

You are right to be careful about this issue. Your homestead is protected or exempt from judgments (up to 1/2 acre if inside city limits or 160...

In Florida one's house is exempt from a judgment creditor. Does this include the wages earned in order to pay the mortgage, etc?

No. Unless you have some exemption from having wages garnished, a significant portion of your wages could be taken each pay period. Even if you...