Bankruptcy vs Debt Negotiations

For me, it's about 5th grade math. I look for ratios of debt to income; I look for money available in the budget to pay debt; I look for whether...

Is a person required to live in the state where they live to file for bankruptcy?

You are not required to file Bankruptcy in the state you currently live in if (and only if) you have lived in your current state for less than 61...

What is a civil claim judgement?

Your credit report is not a legal document. Many credit reports contain incorrect information and you can remove incorrect information by...

I would feel a lot more comfortable answering this question if I knew more about the circumstances, such as: Whose bankruptcy - yours or...

Can EDD legally garnish my wages with an endorsed judgment?

Once there is a judgment, garnishment is a legal way of enforcing collection of a debt. If the judgment is overturned, you can apply to get your...

Am i personal liable for my s-corporation creditcard debt?

In most new corporations, you have to sign a personal guarantee in order for the business to obtain any credit. So based on what you are telling...

If i owe several credits is that a problem to become a us resident

Immigration officials will want your spouse to show that he can afford to support you so you won't become "a public charge." Typically that means...

If I have a workmans comp settlement coming to me in nj and want to file a chapter 7 can they take my settlement?

The property that your bankrptcy trustee cannot take is set out by state exemptions. Many states do provide that workers compensation benefits are...

I am currently in chapter 13 bankruptcy in Kentucky. After we filed and everything was finalized my son was hospitalized.

Once you file bankruptcy, you cannot continue to add in debts that you run up afterwards. If the amount of the medical bill was in the tens of...

If we stop payment on a loan with a car for coll. will we be able to keep our second car since the 1st was taken?

Who is the "they" that might take your car? Are you talking about the Bankruptcy Trustee? If so, in Bankruptcy, what the Trustee can take from...