My cosigner on my car loan claimed bankruptcy about 6 months ago. My bank said if I continued to pay on time I would be fine.

You can demand that the bank clear this up. You can also write directly to the credit bureau and ask them to correct the error. If they won't...

Can I still file for Chapter 7 if I recently inherited money?

You can keep the funds if they qualify as a spendthrift trust, but question of whether or not the trust qualifies as a spendthrift trust is a...

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A credit card took "set off" funds from our bank account after chapter 7 discharge. Is this legal?

The bank can only setoff funds that were in your account on the day that your bankruptcy petition was filed. If you withdrew or spent all of the...

How do you qualify to file bankruptcy by yourself if you are married?

Even though you file bankruptcy by yourself, you must show the court a total household budget. If your spouse is a member of your household (you...

I have previously filed a chapter 7 bankruptcy on March 29th of 2004 and have found myself in serious credit card debt once

In order to file chapter 7 and receive a discharge, you must wait 8 years. You will have to wait until after March 29, 2012 to file another...

My Corp. Filed chap 7 but and then we received a big check. Can I use it to pay employees and bills or do I have to turn it over

All assets that belong to the corporation become part of the bankruptcy estate and must be turned over to the trustee for liquidation and...

A local attorney could tell you whether or not you could exempt and keep the additional funds. One thought would be to use excess funds to buy a...

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You can sell your car to pay for the bankruptcy. However, you should not sell it for less than its fair market value. For example, if you sold it...

Liens against house with bankruptcy

If it is a "mechanic's lien", the bankruptcy may discharge (eliminate) the bankrupt individual's personal liability, but the mechanic's lien...

Should I file for for personal bankruptcy?

A bankruptcy probably does make sense for you. If you had some savings you might be able to settle the debt. Unless you have a large income from...