If you are already in a Plan requiring you to pay back all of your unsecured creditors in full, additional payments will likely result in...

My house was included in bankruptcy 2 years ago but I've maintained payments. How do I go about surrendering the house?

You should be able to stay on the premises as the house eventually goes through the foreclosure process. This will give you months of free tenancy...

Are there any organizations that offer low cost bankruptcy filings for people in need?

There are very few organizations offering low cost bankruptcy services. The ones that do, tend to offer their services only to people well below...

If one doesn't file for bankruptcy but cannot repay credit card debt, what are the legal actions creditors can take?

They can sue you, take a judgement and then either levy your bank accounts or start garnishing a percentage of every paycheck you receive....

Your LLC will not provide anything in the way of insulation from your creditors. It is an asset that you own outright. Mortgaging the properties...

Been wanting to file bankruptcy... and vehicle got repossessed

Provided that they have not already sold off the vehicle, you can get the truck back by filing a chapter 13 bankruptcy. In so doing you can likely...

My wife is being sued by a collection agency over medical bills she has to go to court soon

The downside to waiting to file is that the creditor may be able to garnish you during the time period between the entry of the judgment and the...

Though your personal liability on the first and the second was extinguished through your chapter 7 bankruptcy, the fact is that a foreclosure will...

Talked to Citi cards this morning, they are advising me to send a letter telling them that I don't want to receive phone calls.

I would do so immediately. You are out maybe fifty cents for postage and it may actually keep them from calling.

We no longer want to keep our car. It was never reaffirmed and the loan is closed through bankruptcy. What should we do?

You can stop making payments and let Bank of America repo the car and B of A will be unable to sue your for any deficiency.