We are a couple in our 60's who owe more on our house then it is worth. We have been living on credit cards for some time now.

If would be nice if the answer were simple,and it may very well be. But to advise whether a bankruptcy is the correct solution for your financial...

Can taking money out of my retirement accounts be counted as income for means test in chapter 7?

This would not be considered income. The money in your 401k and your IRA was income when you earned it.

Can I get a lien on my property removed? I had a judgement against me for rent on a failed business. I had a partner in the bus

Whether it makes sense to keep the home depends upon its current value and its anticipated value in the reasonably near future and any mortgage...

Can you change a secured debt to unsecured in Bankruptcy if the Title Pawn company doesnt have possession of the title?

Based upon what you are saying, the creditor never " perfected the lien". If you have the title to the vehicle and the lender's name is not on the...

Is it feasible to buy a home prior to filing for bankruptcy - claiming a homestead exemption while there is no equity.

The answer depends upon how much money you are putting down on the home and whether any of that money is above any exemptions to which you are...

We own two homes, one underwater bad, one new-want chapter 7 but make too much money, should legal separation/divorce to get it

There are too many factors to examine with regard to your financial situation in order to provide a cohesive and proper answer to your questions....

The mortgage lender has filed a motion to remove themselves from a bankruptcy petition. Can they be removed?

No worries. This is not a problem. I assume that the bankruptcy that you filed was a Chapter 7. Based upon that assumption, when you received your...

Are property taxes eligible for discharge under chapter 13?

Real estate property taxes are not personal debt. The county and/or state in which you live cannot pursue the taxes against you personally. The...

Selected as the best answer

I have put off the notion of bankruptcy, but am feeling as though that may be my only recourse. I need advice. HELP!

Depending upon your income, meaning, whether you can pass the Median Income/Means Test, Chapter 7 sounds like it would be an ideal solution:...

Creditors garnishing wages.. Bankruptcy?

Definitely. Chapter 7 eliminates debts; Chapter 13 allows you to repay your debts over a period of up to five years. Filing either one stops ALL...