Is non-student loan debt owed a university (housing contract) considered dischargeable?

This area is pretty technical, so I am giving you a very general answer. It's all going to hinge on whether or not this contract you signed is...

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Chapter 13 would allow you to make payments towards your debts without the fear of losing your license. Once a bankruptcy is filed, the automatic...

I filed chapter 7 in illinois last week, will I get my full tax refund back when I file taxes?

Maybe. In Illinois, there are generally two exemptions you may use to protect an anticipated tax refund. The main one, which is available to...

I took out a loan for 30000. only went to school for 4 months. do i need to pay the full amount?

In all likelihood, yes. Still, that's a lot of money for four months. There are many additional details that need to be known. For instance, was...

How can I file for bankruptcy??

There are a couple of options that may be available to you. A Chapter 7 bankruptcy allows you to have your debts discharged and begin to rebuild...

These types of debts (toll way fines) are not dischargeable in a chapter 7 regardless of whether the debt has been sent to a collection agency. If...

If a chapter 13 trustee pays off auto finance company is the vehicle still considered as being financed?

A secured creditor such as an auto finance lender is entitled to what is called “adequate protection” while you are in your chapter 13. To my...

Chapter 13 for only one spouse

No, you cannot include any debts in a bankruptcy case unless you are personally liable for them. The debts may be included if you are a co-signor...

Can a husband with less debt and more income file chapter 13 while the wife with less income and more debt file chap 7 .

It is possible for one spouse to file a chapter 13 bankruptcy while the other files a chapter 7. However, a very careful analysis must be done to...

First, you should contact your attorney and discuss whether any proceeds from your settlement are property of the bankruptcy estate. If the...