If I do a bankruptcy ...

The short answer is yes. You will likely be able to keep the 8k, assuming you don't have too many other assets. Whether you should file is a...

Line 15 in Means Test for Chapter 13

Hi, Unfortunately, the Trustee is correct. This in turn leads to most business owners having to propose a 5 year plan instead of a 3 year plan....

Foreclosure - Chapter 7 and loan modification

Hi, While, the granting of the Motion for Relief From the Automatic stay, doesn't amount to an automatic foreclosure, it does allow your lender...

Confirmation hearing expectations

I am assuming you filed without an attorney, because you would otherwise ask him/her the question. Chapter 13s are a bit complicated most of the...

I am filing for chapter 7. I have some money in my savings that belongs to my mom. How do I go about it.

I think in your situation it is very important to trace the funds to your mom's compensation. Did you have some of your money in the account or did...

I agree with Jeffrey. I am pretty sure that any attorney you contact will attempt to get you to appraise the land. It would also be important to...

Bank insists we sign reaffirmation agreements before they will consider renegotiating terms. Are they taking advantage of us?

I think you are right to be concerned. There is absolutely no reassurance that the banks will be willing to negotiate after you sign the...

My sister is filing bankruptcy, and has been paying me back for money she borrowed. Can the courts take my money?

I agree with the previous answers. It may feel like you are being punished for simply trying to help your sister, but unfortunately there is a very...

PG'ed Corporate Debt - Lost Judgment - What happens to my Equity?

Yes, because you personally guaranteed the corp. debt, a judgment was probably obtained against both a corporation and you personally. That...

I agree with Anthony. If your son is not living with you when you file, it is unlikely that you can claim him as a dependent. The question turns on...