Is there a circumstance when a car that will be surrendered should be claimed as exempt on Schedule C when filing for Ch 7 BK?

If you have equity in the vehicle, you should exempt it. Although it would make more sense to sell the vehicle, pay off the loan, and pocket the...

Is State Income tax be absolved by Chapter 7 Bankruptcy?

If it is for a tax that was due more than 3 years ago, it is possible, provided other criteria are met. Sometimes waiting to file the bankruptcy...

Can I take out my pension money and roll it into a IRA if I were to retire while I am in a chapter 7 waiting to be discharged?

While caution would require you to wait for a chapter 7 trustee's no asset report, and discharge; moving funds from one exempt account to another...

My mother in law lets my wife use her credit card. Now my wife went overboard and spent $9000.00 and her mom is pissed.

So, you and your wife charged on her mother's accounts. Now mom does not want to pay for your charges to the extent that she claimed fraud. Her...

How do I find out about a bankruptcy for my son?

Go to the bankruptcy court that serves you son' area and ask them to search using his Social Security number and name. That would tell if he...

Is this payday loan debt settlement legit or a scam?

Not only what Mr. Weiss said, but these law breaking collectors do not want to open the door to counter suits by filing a lawsuit against you. ...

I need to file bankruptcy. How do I determine the best attorney for me?

A member of the National Association of Consumer Bankruptcy Attorneys (NACBA.org) would be a good choice. But since Social Security is totally...

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Yes you can voluntarily dismiss. If you converted from a 7, you might need a motion. Keep in mind that when you do dismiss, it is as though you...

If I declare bankruptcy will debt I owe to an insurance company still have to be repaid? What about school debt?

The federal student loans are not dischargeable. The rest should be, unless the auto accident claim involve your having been under the influence,...

Filing a lawsuit, small claims or otherwise, requires the plaintiff to voluntarily subject itself to the jurisdiction of your local court. Most on...