How do I protect myself from credit card debt incurred by my husband?
Your legal relationship with the bank that holds the credit card cannot change as a result of a divorce. If your husband doesn't pay the account,...
Schaumburg, IL
Bankruptcy and debt Lawyer at Schaumburg, IL
Practice Areas: Bankruptcy & Debt, Chapter 7 Bankruptcy, Chapter 13 Bankruptcy
Your legal relationship with the bank that holds the credit card cannot change as a result of a divorce. If your husband doesn't pay the account,...
Past due personal income taxes more than three years past due are discharged in a Chapter 7 if the returns were timely filed. It can be much more...
Correct. If you did not sign a reaffirmation agreement or even if you did and it was not timely filed with the court, you are not liable for an...
In our jurisdiction, the first court appearance in an adversary complaint is a status report. It allows the Judge to find out if the defendant has...
Giving away large sums of money to a family member months before filing for a Chapter 7 is a very bad idea. The trustee that would be assigned to...
As a general rule, if you can handle financial problems without filing a bankruptcy, the non-bankruptcy option is often be the better...
Assuming no reaffirmation agreement on the second mortgage, the Chapter 7 bankruptcy protects your parents from any personal liability on either...
Your son is legally an adult. You should not be responsible for this loss to the school unless you signed some type of "blanket" agreement with the...
This would be considered income for the Means Test. It may require you to wait until the six months have passed so that the money is not...
Bankruptcy will not clear your credit or erase the foreclosure off your credit report. Bankruptcy could eliminate any personal liability that you...