Will bankruptcy remove medical bills, overdrafts, and judgements against me ? Is bankruptcy expensive through a lawyer ?

Typically, all debt except for most taxes, most student loans, child support, alimony, injury to a person in an auto accident wile driving under...

Can I file for Chapter 7 bankruptcy after my chapter 13 bankruptcy was dismissed for non-payment?

The answers given by Mr. Whitaker and Mr. Wilson have given you most of the information you need to help you with your decision. I would add a...

Can a company I hold shares in release those shares under a Chapter 11 bankruptcy?

A corporation in chapter 11 must deal with the absolute priorities rule, which means that the last group to be paid is the shareholders. Thus,...

I am preparing for filing Chapter 7 bankruptcy?

You have two separate exemption schemes to choose from in California. It is likely that you can exempt all of the funds if you choose the right...

Selected as the best answer

Mr. Granvold and Mr. Caldwell explained the situation well. Another example of a situation in which the trustee may have an interest in the funds...

Am I responsible for my spouse's debts?

Provided she was the only party that signed the reaffirmation, she should be the only party responsible for the deficiency after the foreclosure...

You may have a way to establish that the debt owed to you is nondischargeable. One of the subsections of the bankruptcy statute that sets out what...

If a creditor, bank, etc. could exclude its debt from the discharge in a bankruptcy by simply placing a clause such as the one the company placed...

How do I get the fees to stop from ADP even though my wage garnishment was paid off 2 months ago?

The judgment credit is normally entitled to interest on the judgment at the interest rate set out in the judgment. If the judgment is several...

The key is even after your case is converted, you are still operating under the same bankruptcy petition and the same automatic stay that became...