Do loans negatively effect bankruptcy?

The previous responses are all legally accurate, and Ms. Drain's recommendation to seek out competent counsel is sound advice. It appears from your...

My initial gut reaction is that you may have some difficulties with such credit card use. I agree with the previous answers and would add that...

I want to settle 2 judgements from about 7 years ago- is this somthing an attorney will help me to do

Attorneys can help you with debt settlement. Find out their qualifications and what the costs would be to you for their assistance. You mentioned...

We are waiting for the creditors meeting. Can we trade a vehicle for one with a lower payment before the meeting?

I agree with the above answers. Credit Unions may have a cross-collateral clause in their contract and if you owe money on another debt (credit...

Chapter 13

I agree with the previous posts, you will need an attorney to proceed with a chapter 13 bankruptcy. You may also contact your bankruptcy court to...

As long as you have done everything that you are suppose to do to complete your plan, the rest is an administrative matter. Have you taken your...

Selected as the best answer

Provided that the funds are social security disability, then yes, they are exempt (protected). It is a good idea to keep the funds in a separate...

I have credit care debt of about 10 K. I am on social security. I have no other income. Should I file chapter 7 or 13.

If you are judgment proof, you may not need to file a chapter 7. Being judgment proof means that even if a creditor sues you, there are no assets...

Inheritance.

If you have not already informed the trustee and/or your attorney about this inheritance, this must be done. The issue of whether an inheritance...

Attorney fees.

The mortgage company must comply with Bankruptcy Rule 3002.1 and provide notice of the fees to which you are referring in order to collect such...