After chapter 7 can my truck be repossed?

Your friend needs to contact her bankruptcy attorney and tell them what is going on. Once someone files bankruptcy they are protected by the...

I was left money in my great uncle's will. Can creditors take this money?

The usual approach creditors take is to sue, get a judgement, usually by default, and then clear out your bank accounts. Next they garnish your...

I've filed cases for many students receiving loans over the years and have never had a client experience the problem you describe. Sometimes...

Bankruptcy or not? Credit card debt out of control and got worse when credit was cut and interest rates went out the roof!

Bankruptcy is a last resort. So if you have a good option you should take it. Some people do succeed in debt repayment plans. If you try one I...

I am a merchant who will be going bankrupt within the next 2 months and was thinking about taking out a merchant cash advance...

Some debtors do try to "load up" on debt before filing bankruptcy. Debt acquired through loading up often is not discharged. Worse, if the amount...

Can all the unsecured debt be erased by filing bankruptcy?

Most debtors file bankruptcy to discharge credit cards and medical debt. Most credit card debt is discharged. The most common exception is...

My wife is planning to file bankruptcy to get rid of her debt. Will it affect our house...

Although Chapter 7 bankruptcy is often called "liquidation", for most debtors that does not include the family home, because it is exempt. Exempt...

Under the new bankruptcy law an IRS debt can be forgiven. How does that work and what happens if you did not file?

Discharge of tax debt is determined by type of taxes, how old they are and if the returns were filed on time. Here is the deal Sparky: If all...