What happens when you own more than exemptions allow?

The short answer is that any property not covered by an exemption will be sold by the trustee for the benefit of your creditors. The amount of...

Being sued by credit card company? I don't have the money to pay them, what can they do to me if we go to court?

If you are not making your contractually obligated payments, the creditor has the right to sue and then attempt to collect on their judgment....

I am considering defaulting on $20k of credit card debt. How would an attorney help me navigate the mine field ahead?

You need to seek out an experienced bankruptcy attorney to assist you with deciphering your options. Bankruptcy ( either 7 or 13) may be an option....

My wife had a bussiness that closed over a year ago but are still paying the credit card dept. what do we do?

If it was a business credit card, there is most likely a personal guarantee, thereby making her personally liable for the debt. The best advice is...

Unfair Chapter 13 plan - I need some advice with my case to see if I have grounds to go after my attorney.

Seeing as you are almost done with your plan, I would strongly urge you to call your attorney and discuss the situation with him or her. It is...

If possible, it is better to file for bankruptcy before a judgment is rendered. You will avoid the hassles of mandatory court appearances (if...

No, it should not show on your credit report as the debt should already be labeled as discharged. That being said, it is always a good idea to keep...

Can creditors come after me if my partner had credit problems? las Vegas,Nv

I would strongly urge you to have your boyfriend contact a bankruptcy attorney before your domestic partnership. Ithas the ability to eliminate the...

Selected as the best answer

In Florida, is it possible to get a loan modification on your house then file for Chapt 7 and still keep your house?

Yes, you can technically get a modification at anytime, as long as the lender is willing to do so. I've had many clients receive modifications...

I live with my son and I have defaulted on some credit cards. Because we live at the same address can they freeze his bank

They are not able to freeze your son's bank account given the facts you have provided. Creditors are only able to levy, garnish, attach or...

Selected as the best answer