Whether a creditor reports payments to the credit bureaus is voluntary. Creditors, even mortgage companies, don't HAVE to do this. The debt is not...

One of the more difficult things to learn when filing a bankruptcy is distinguishing between a want and a need, between something reasonable and...

It's generally a poor idea to post legal questions on behalf of someone else because 1) you may not know all the facts and 2) passing along...

As long as the equity in your mobile home is within state exemption amounts, the bankruptcy court will allow you to keep your home if you file a...

Too much disposible income is a problem in a chapter 7 bankruptcy if you could use this money to pay 25% of your unsecured debt off over 60 months....

FYI, bankruptcy does not "forgive debts." Debts can be discharged in bankruptcy. There is a process in Chapter 13 Bankruptcy to lien strip 11) ...

"Just figuring" can be one of the most costly mistakes someone can make. It is seldom a good idea to convert unsecured debt into a secured debt...

You need to provide some context. Are you speaking about a form to CLAIM an exemption or whether there is an exemption under either state or...

There isn't an easy answer to this question. Although JUDGES in family courts may allocate debts between parties, CREDITORS must claim exceptional...

I appreciate that you want to protect your friend's claim from being discharged through bankruptcy, but how you propose doing this would result in...