What will happen to us if we reaffirmed first and second morgage when we filed chapter 7 2 years

This is a classic example of why bankruptcy lawyers hate reaffirmation agreements! And our clients always want to blame us for not "letting them"...

Quit claim property and avoid foreclosure?

I must agree with the other guys - transfering title won't stop the foreclosure from going on your credit report. However, there is nothing to...

If I marry someone who filed Chapter 7 seven years ago, will it impact my credit after our marriage?

Although it shouldn't affect your credit, if you apply for credit together, you may find that your spouse's bankruptcy appears on your...

May a lawyer fail to disclose assets in a chapter 7 bankruptcy filing?

Bankruptcy law requires a full disclosure of all assets & liabilities. In some situations, a emergency filing (also called a skeleton filing) does...

Chapter 13 ??

Just because your only source of income is SSI doesn't prevent you from filing a Chapter 13. However, I am reluctant to recommend a Chapter 13 for...

Northern District IL-Bankruptcy, chapter 7 no asset, discharge granted in Sep, file still not closed. Why?

Lots of possible reasons. 1. Trustee waiting to see your 2010 tax return before deciding that you have no assets, eg your tax refund. 2....

Can an unemployment check be levied

Unemployment benefits can be levied for child support, alimony & taxes. Otherwise that is about it. Since the levy has taken place, you need to...

Selected as the best answer

What does it mean when it says no creditor information on file on your credit report?

It means that the creditor (Sears, Citi, etc) doesn't subscribe to that particular credit reporting services &/or isn't reporting any activity...

What can I do if my debtor stops cashing my checks

Sorry sweetie, it is a creditor that has stopped cashing your checks. A debtor is the person that owes money! The creditors rights are spelled...

If you own your home what will happen if you file for chapter 7 bankruptcy in Indiana

To answer this question requires two bits of critical information. How much equity do you have in the home? Can you afford to continue paying...