Somehow, I suspect there is more to the story. Granted, I am willing to concede that an eager bank rep looking to get a bonus "might" have done...

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My son filed Chapter 7 in Chicago but was told he could not have his private student loans dismissed unless he cut off his arm.

First this statement: "if the loaned money was NOT used for school he could have requested it to be dismissed" is not true. What makes a student...

We're unsure what to do. Our adult son filed bankruptcy, after was discharged bought fairly new car & he can't afford it.

His BK cannot be revoked, but if the lender repossesses the vehicle, they can pursue him for the deficiency. As for creditor harassment, send a...

Settlement letter unsigned in Texas

Depends on the context. I would say in some circumstances are you are correct, and in others not correct. However, if we are talking about a court...

What is the difference between chapter 7 and chapter 13

You failed the mention the most important issue when discussing bankruptcy, what debt's do you have. Based on what you described, there is no...

What can be done to correct a rescind of reaffirmation that was not filed by attorney?

Neither options is ideal, but I see two options. 1. Dispute the credit report entry with the credit reporting agencies. 2. Reopen the BK....

Are we protected under bankruptcy if we do a deed in lieu?

Yes Side note, you said you filed chapter 13 bankruptcy. Note, a chapter 13 bankruptcy does NOT discharge mortgage debt if the plan provided for...

What actions can a bank take on defaulted school loan against any real estate transactions.

Not likely. The answer will depend on if these are federal or private student loans. Federal student loans can garnish wages and intercept tax...

When filing a bankruptcy, do you need to supply documents pertaining to a judgment?

If you have the documents, yes. It just makes it easier. But if you don't have the documents, YOU are still going to need to track down the...

Should I tell my credit card companies I have zero income now?

Unless you are going to ask them for something (like a forbearance), you don't need to tell them. However, I caution you on your desire to...