Student loan debt vs. debt to university.

If there is any federal funds involvement under 42 U.S.C., there is no state statute of limitation. Title 20 Sec. 1091a of the U.S. Code makes...

Student loan debt vs. debt to university.

Generally, there is no limitation on collection of any student loan made using any federal funds. If the debt was made with funds from Title 42,...

I am about to receive a large social security settlement. I have several debts. can i file bankruptcy before the check is issued

Yes you can. Social security settlements are exempt from creditors under Federal Law. Even though you live in Michigan, you can use the Federal...

What is the LONGEST it can take for a bankruptcy discharge?

A bankruptcy case can be open as long as it takes to administer an asset. You will receive your discharge in this case within 60 days of the...

Is it possible to bankrupt against a legal judgement?

Yes. Filing a bankruptcy petition automatically makes proceeding to a judgment a violation of bankruptcy law. However, to make sure that...

Is debt workout in bankruptcy the same thing as going to see a debt counselor?

"Debt Workout Agreements" can take several forms: 1. You call your creditor and offer them a lump sum to settle the account. They will close...

Credit Card Debt Statue of Limitations

The statue of limitations may be governed by Texas law. But it starts on the last date of activity on the account. Her credit report will include...

Can I file for chapter 13 bankruptcy to stop a garnishment if I was discharged in chapter 7 in 2005

Generally, a person who files Chapter 13who has received a discharge in a Chapter 7 filed within 4 years of the new filing cannot receive a...

Your attorney is the first person you should consult for these answers! Your options may include: (1) Modify your existing Chapter 13 before it is...

Bankrupt

Credit card debt that has been reduced to judgment is a common debt that must be listed in any Chapter 13 filing.