No, you cannot leave these assets out of a bankruptcy filing. That would be fraudulent and would subject you to serious legal consequences,...

Yes, any creditor would need to file a Proof of Claim to be eligible to receive any payout in a Chapter 7 bankruptcy. The Trustee would mail all...

In Colorado, the Statute of Limitations is six years form the last payment. If it has been longer than 6 years since your last payment, you have a...

Can a pay day loan try to sue you after 10 years for the first time?

I agree that this is a scam. Unfortunately, debt collection scams are becoming increasingly common. Additionally, the statute of limitations on a...

How do I go about settling a debt after receiving summons?

If you have a lump sum of cash, you can call the collection attorney and make an offer to settle. You also should know that any amount forgiven by...

Can I be hold responsible for a debt

Your Ex's bankruptcy does not affect your obligations under the contract you signed. When you co-sign on a loan, each party is "joint and severally...

In fla u don't have to list house in bankruptcy how about louisiana

When filing bankruptcy you must list everything you own and everyone you owe. Period.

Should I file bankruptcy

You do appear to be uncollectible at this time, but sometimes that is a good opportunity to file bankruptcy and wipe out your unsecured debt in...

Bankruptcy

Most people keep all of their property when filing bankruptcy. This is because each state has "exemptions" which allow you to protect certain...

Debt Collection - presumed to be a scam

The payday loan collectors are the worst. The biggest problem is that they are very hard to track down and that makes it difficult to defend your...