Should I file Chapter 7 or chapter 13 bankruptcy?

All the answers give good reasons to file a chapter 7 over a chapter 13. One factor that would possibly change that recommendation would be if...

I would like to file bankruptcy , is there a certain amount of money you owe before you can?

If you have income to start paying down the debt, then set up a budget and pay a set amount on each debt with any extra that you can pay going...

The reason a creditor takes collateral for a loan is to secure payment of the loan. If the loan is not paid, the creditor gets the collateral,...

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What do I do?

Your options depend upon whether you have a month to month lease or you have multiple months left in a lease. Without knowing what the landlord...

For any pre-petition lease payments there is a requirement to cure the lease arrears within a reasonable period of time. Many times we have been...

Is it possible to get hearing minutes of a chapter 7 bankruptcy court hearing online ?

In our jurisdiction, we must send a request for a computer recording of the 341 hearing to the United States Trustee and provide a blank compact...

Can I run business if I file Bankruptcy? And can I cancel the file If change my mind?

You probably need to file a chapter 13 bankruptcy to give you time to pay the debt over a longer period of time. If you are able to acquire the...

I am 70 yrs old had a lot of doctors bills and can't pay my credit cards just got a summons from discover bank

Since you are 70 years of age, you have wild card exemption of $50,000.00 that can be applied to any type of asset, including autos, money in the...

Should I file bankruptcy?

If the debt was based upon an intentional tort and is no longer considered restitution in a civil proceeding, the debt could still be determined to...

I agree with Mr. Shields. However, any creditor has the option of filing an adversary proceeding requesting that its debt is nondischargeable on...