What are my option if I do not qualify for chapter 7 and 13 sounds unreasonable?

Your mortgage payment is an allowable expense in the means test so giving up your home seems like a bad strategy. You may want to consider other...

The money deposited in a joint bank account belongs to all people who are listed on the account. A bankruptcy trustee, the IRS or an creditor with...

Will filing chapter 7 remove the property lien from my home

If your home was claimed exempt in the bankruptcy proceeding and the time for filing objections to exemptions has passed without an objection being...

I am not sure if my company is paying taxes. He says he taking them out but i just found out he is a drug addict

The IRS will give you credit for taxes that were withheld from your pay but not remitted by your employer to them if you can document the fact that...

Are there any exemptions when withdrawing an IRA prior to age 59 1/2?

Distributions from an IRA, 401(k) or other retirement plan generally must be included as part of your taxable income. Also, withdrawals from a...

Am I liable for a tax bill sent to my ex-wife on settlement of a credit card?

Texas is a community property state, not a community debt state. If you were not personally liable for the debt then you have no direct liability...

Can i file chap.7 and still keep my home

We do not have enough information to answer your question. Generally speaking, if you are current on your mortgage payments and the amount of...

I am considering bankrupct. i don't know whether to file a chapter 7 or a chapter 13 because i am expecting a inheritence.

Regardless of whether you file Chapter 7 or Chapter 13 any property you inherit within six months of the date you filed will become property of the...

If my mortgage is discharged in a chap. 7 do I have to immediately give back the house or does the foreclosure cont. as was

The bankrupcty court will not set the date you must vacate the property The previous foreclosure will simply pick-up where it left off. Even after...

If my mortgage is discharged in a chapter 7 do I have to immediately give back the house or does the foreclosure cont. as was?

If you have not filed more than two bankruptcies in the prior 12 month period you will receive an automatic stay immediately upon the commencement...