I live in Texas and have approx 40,000 in an IRA. If I file bankruptsy how is the IRA handled?

IRA accounts are typically exempt, which means you can file bankruptcy and keep the money in your IRA for your retirement. Whatever you do, don't...

15 yr old Credit Card Debt

You may need to close your current bank account and open a new one. Don't let debt collectors scare you into paying them - especially when you...

Is it legitamate to serve court papers for hospital debt by taping them to your door?

Before you decide how to deal with a debt collector, you will need to consider the validity of the debt and your overall financial situation. A...

If I file ch. 7, will I be able to keep my car and my daughter keep hers?

Texas allows exemptions for $30,000 worth of certain personal property (or $60,000 for a family). The personal property that can be exempted...

Selected as the best answer

I was in bankruptcy and my case was dismissed because I lost my job and couldn't pay my chapter13 so I don't know what to do

You do not need to have a job or an income to file bankruptcy under Chapter 7. A chapter 7 bankruptcy may allow you to discharge your debts (with...

If I file bankfuptcy, will they take our work trucks (we have two) and they're both necessary for work.

If the person filing bankruptcy elects to use Texas exemptions, "tools, equipment, books, and apparatus, including boats and motor vehicles used in...

I filed Chapter 7, attorney did not file papers with mortgage company.they wont rept payts to credit bureau

An attorney generally has two considerations in mind for his client regarding their homes: 1) whether they should not reaffirm the loan, so that...

Can a creditor go after your 401k or automobile in Irving, TX

First, a creditor has to obtain a judgment before attaching any assets. Second, once the creditor has a judgment, it is likely to garnish a bank...

Schedule F - chapter 13

A contingent debt is one that depends upon some event occurring before the obligation to pay the debt will arise. A debt is unliquidated if the...

Selected as the best answer

I was wondering about how to file for bankrupctsy and what should i excpect after i do?

Filing for bankruptcy involves finding an attorney to help you review your financial situation, determine whether bankruptcy is a good option for...