I received a letter via Fedex from B of A to the effect that they are "forgiving" my $72,000.00 home equity loan as a result of

Your debt was discharge in April, even if BOA sends a 1099c, IRS form 982 allows you to avoid taxes due to the bankruptcy discharge. If this is...

I'm behind on my car payment one month and filing bankruptcy, do I have any recourse if I want to keep the car?

As long as you address the car payments in your chapter 13 plan you should be able to keep it.

Saving my car from judgements/Bankruptcy

It is not too soon to talk to a bankruptcy attorney. Even if you plan to wait 6 months or more, the planning part is essential to a smooth...

Do I need to amend Ch 7 to include closed accounts from now-consolidated student loans?

Since you owed the old creditors nothing at the time you filed, you did not need to list them.

When should a business file for bankruptcy?

Usually the business does not need a bankruptcy, it just stops operating. If it has assets to be liquidated, then you could hand them over to a...

I notice that my equity balance changed to $0.00. What does that mean?

Sounds like your heloc lender has conceded to the lien strip. Talk to your attorney about the status of that claim to know for sure.

You are filing a document under penalty of perjury that state you are married. You will also be providing copies of your tax returns which will...

I co signed on a private student loan with Sallie Mae for my granddaughter.

Student loans are not discharged in bankruptcy. SS should be directed to its own bank account and should not have any other funds deposited in the...

The typical defined benefit plan provided an income stream to the pensioner for life and had no direct cash value. The pensioner could opt to take...

The garnishment directs you to withhold funds payable to John Doe. Not what you owe to John's Trucking, Inc. But you should consult with a local...