What happens to my bank balance (savings and checking) when I file for Chapter 7 Bk?

What you can keep depends on the "exemptions" available to you when and where you file. In Michigan, the Michigan bankruptcy exemptions were...

Regarding the question about whether a company owned by a husband and wife is protected when the husband files for bankruptcy

If Maryland law protects the asset as tenancy by the entirety, it is correctly titled as such, and there are no joint debts, then the asset should...

I am just now getting noticed that my check wil be garnished and it has been 10 years.

This is a rather common practice by creditors to let it linger and build and then when they find out that you are working, bam, wage garnishment. ...

Alaska dividend being garnshed

In most situations such as the one you described, the answer is sure, the state can recoup benefits to satisfy outstanding obligations and they...

Will my company's assets be included in my bankruptcy case?

Your buddy would be 100% wrong. Any interest you have in a corporation is part of the bankruptcy estate and any value that is not protected by...

This can be a tricky area and your wife needs to exercise caution if she is proceeding without counsel. If she has a 50% interest in the home, and...

Do i need to worry??

You should always be concerned when someone is pursuing you for money. Don't just rely on what Tenncare says and let it go. Look into it yourself...

What is the effect of filing a Chapter 7 BK on an ongoing lawsuit?

If the lawsuit is against you, and the underlying debt is subject to discharge, it would automatically be stayed from further activity.

Can I include my company’s debts in my chapter 7 petition?

You can only include your personal liability on debts; if you are a guaranty on the debts, you personal liability would be wiped clean but...

What do you put in a written response to a Notice of Motion & Hearing for a bankruptcy Amendment.

If you want to protect your legal rights, this is not something to try and do by yourself if you are unfamiliar with bankruptcy practice and local...