Husband ran up a lot of debt during marriage...How will this affect me?

You may want to post this question in the category of "family law." Each state differs on how debts run up during the marriage are treated. In...

I filed bankruptcy last year but did not list a small piece of property that I am purchasing from the owner via contract fordeed

This kind of situations happens pretty often - someone inadvertently forgets to list an item in their bankruptcy. The chance of getting caught is...

If one spouse receives money as a loan and deposit money into joint account shared with other spouse, are they both liable?

A creditor can only look to the person who took out the loan for payment. Where the person who borrowed the money deposits the loan proceeds or...

Bankruptcy

The fact that your house is paid for does not, by itself, prevent your from filing Chapter 7. however, In Chapter 7 you may lose any property that...

See my answer to the question you reposted a few minutes after this post.

If I declared bankruptcy on a home that I lived in for 13 mos. I rented it for 18mos. Will I have to pay taxes on a short sale?

On advantage to filing bankruptcy is that you are not stuck with tax liability due to a "forgiveness of debt" by any creditor. That's because the...

How long before trustee contacts debtor for preferantial transer amount, after 341 meeting

My experience has been that payment terms are reached during the 341 meeting. If terms are desired, I would suggest contacting the trustee to see...

Chapter 7 bankruptcy discharge after 341 meeting

I have seen a discharge happen in less than 60 days due to a clerical error. The reason for the wait is because the creditors have 60 days from...

Mortgage discharged in chapter 7 bk and signed quitclaim deed to my ex-husband.

Foreclosure laws require that the mortgage company give you notice of the activites involved wih the debt, even though you have received a...

Can debtor pay insider transfer amount?

The Trustee will usually give the debtor a choice of paying for a preferential transfer as opposed to suing the person that received the money. ...