Bankruptcy Law

When you completed your Chapter 13, you should have received a discharge. By threatening to sue you, the creditor has violated that Court Order. ...

Can you file a no assets reports in chapter 7 bankruptcy if you have some assets as long as they fall below a certain level?

My guess is that the criteria for having filing fees waived varies throughout the US. In many of the bankrupcy courts in the US, the only criteria...

Is social security money protected in Chapter 7 bankruptcy? Does it have to be reported?

Although you do not have to include your social security income on the Means Test, you do have to include it in your budget on Schedule I. Most...

Restitution outcome from adverse proceeding during a chapter 7 bankruptcy possible?

I am not familiar with any adversary proceedings dealing with restitution ordered by a bankruptcy court. Criminal proceedings are handled by in a...

AFTER chap 7 DISCHARGE, is it safe to borrow from 401k?

There is nothing to prevent you from continuing to borrow from your 401 K after your discharge is over, but... If you continue to need to borrow...

Perjury is perjury & there is no such thing as a "little white lie." Whether you get arrested for it or not isn't the point. Do you honor the...

Can you start earning and spending money after you pass the means test during a chapter 7 bankruptcy?

It is a matter of degree. Filing Bankruptcy requires you to pass both the Means test & the budget test (Schedules I & J). While the numbers in...

Is the spouse of a deceased credit card holder responsible for his debt if spouse was not on card in Illinois?

If your grandmother left property, a probate will give all her creditors a chance to file a claim with the probate court from any assets she might...

Re: Collection Agenccy Violation of Confidentiality

In my state, collection agencies are regulated by a state agency. If a collector isn't licensed, they shouldn't be doing business in my state, and...

Secured debts are discharged in bankruptcy, but in order to keep the property, you still have to pay the debt because the lien remains attached to...