When. Is it ok to reaffirm your house? This is a follow up question

I tell my clients that 90% of the benefit of a reaff goes to the creditor; only 10% to you the debtor. The main advantage of reaffirming a house...

Can i file bankruptcy on a lawsuit judgement that has been signed arleady

Yes, you may filed bankruptcy on a judgment, even if you've agreed to a repayment schedule. See, 11 USC sec. 524 of the bankruptcy code: "A...

What can I do to avoid my wages being garnished by a debt collector?

Unless you have a valid defense ("you've got the wrong person!"), basic choices to avoid a wage garnishment are 1) settle with the creditor ("Hey,...

How is my tax refund, if at all, protected in chapter 7?

Tax refunds are considered "intangible personal property" (like cash, savings acct, checking, stock, bonds, season football tickets), not to be...

If there is no reaffirmation agreement, can the bank take my home even if I'm still making my payments?

No, the mortgage company would not be able to snatch your house after 20 years of payments, even if you never signed a reaff. But if it tried,...

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That's a tough one, if no direct evidence of payment. I'd start with a signed and notarized affidavit giving your recollection of events. Might...

For Earned Income Credit ("EIC"), claim it as exempt on Schedule C and mark 100%. There is no dollar limit. Good luck.

Am I responsible for my spouse's debts?

No, you're not liable for your wife's mortgage debt, assuming you didn't sign her reaffirmation agreement. I'd double-check to make sure. The...

Keepin' the money will only create problems and jeopardize your discharge. Better to disclose than to hope the (amended) tax refund doesn't come...

Currently in Chapter 13 bankruptcy mortgage included, can partner who is on deed not mortgage note refinance in their own name

Yes, your partner can arrange to refinance the mortgage is his name, but the bankruptcy court will have to approve it (typically not a big deal).