Adequate protection means payments before the confirmation of a chapter 13 plan (or chapter 12 or Chapter 11) because a secured creditor is...

My fiance and his ex-wife are co-debtors on a school loan.

It shouldn't have much impact on his credit provided there are no incorrect entries made on his credit report. The loans are not dischargeable,...

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Putting your house into a trust will not change anything, unless it violates a clause in your mortgage to do so (ie a due on sale clause). In...

Can I put my 2 houses in my businesses name to avoid a potential lien?

Just to add to what others are saying, if you are contemplating bankruptcy, the last thing you should do is transfer property to another person's...

How much do you repay in chapter 13 with about 70000 in debt 4000 income per month

You're going to have to consult with a local bankruptcy attorney for an answer. Factors like Income, Expenses, equity, etc are taken into account...

If an attempt at Bankruptcy is unsuccesful why is that put on one's credit report? Is that legal?

It shows up in the public records portion of your report. The reason it shows up is the same reason any other civil court proceeding would show up...

I have a judgment for a company in the States, whos Canadian parent company filed bankruptcy. The Canadian Trustee says no luck?

If you don't file a claim at all you will not get any funds, so it is a good idea to file the claim, but I would also suggest consulting with a...

Can I cash out my 401K in Chapter 13 BK if it's exempt in my Schedule C?

The funds do not remain exempt when you remove them from a 401k unless you roll them over to another 401k or an IRA. You should talk to your...

This depends on when they filed the fixture filing and whether they have a valid lien. The best way to get an answer is to speak to your...

I'm contemplating filing for bankruptcy. If I do will the bank/lender try to take my home since I'm one payment behind?

Just to add to the other answers, Technically in a Chapter 7, the lender can commence foreclosure proceedings or continue them. Jay says it could...