What can happen if you cosign for a store credit card, and the person files bankruptcy? Will I have to pay their bill?

If you've co-signed on a credit card, the creditor can hold you responsible for the debt, especially if the other co-signer is no longer liable on...

How long after chap 13 final payment date until we can sell the house,( keeping the profit), and get a credit card to rebuild?

This area of law is undergoing several important changes in how the law is interpreted, due a series of cases decided on in this rather narrow...

Got sued by credit card company. Can I file bk? Would that count as the response to the sue notice?

Yes, filing bankruptcy is a response to a lawsuit. To determine if you qualify for bankruptcy, and if it is in your best interests, you should...

With the facts you state, having no contact on this account since 2007, makes the debt collector's conduct in threatening an improper action an...

Is there a statue of limitations for a debt owed a merchant?

You should immediately consider responding to the lawsuit, by retaining an experienced debt collection attorney, so that a default judgment or...

If there is good cause to save your house, such as high equity to protect, you can stop the foreclosure process, by filing chapter 13 and placing...

How much money can I keep in checking account when filling for bankruptcy?

The amount in your checking is dependent on available exemptions for your particular fact situation. You may, or may not, have this amount, or...

I need advice from a bankruptcy lawyer.

From the facts you provide, there is no need to fulfill a previous letter from the trustee, since you have now received from that trustee a request...

Is this a scam

This form letter is merely a collection attempt, which may also violate applicable state and federal collection statutes, by threatening action...

After my house being foreclosed, can the bank make me pay back property taxes on a loan they did not reaffirm in my bankruptcy?

Correct, you are not responsible for taxes on a house mortgage you did not reaffirm, so long as the bank was listed in your bankruptcy, because...