Once I file BK, is it true there is a 90 day Stay placed on the creditors

The applicable (automatic) stay usually terminates upon discharge, which routinely occurs about 3 mos. after filing. A secured creditor may seek...

There are valid reasons to exempt a property even if it doesn't have equity. Exemption does not prevent later surrender; discharge of debt in...

I would like to file ch 7 bankruptcy due to large medical bills, and I am curious how this will affect my husband.

Congrats on Baby. Community income, assets and liabilities are all implicated in this scenario and those are case by case factors. Separate...

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How do I figure out my monthly payment if we file Ch. 13?

The means test is a chapter 7 form, though a similar form's employed in chapter 13; it determines an applicable commitment period as well as a...

I have an open Chap 13 case and want to know if I may withdraw the filing? I am concerned about getting my income tax refund

A chapter 13 bankruptcy may be voluntarily dismissed by the debtor if she hadn't previously converted to that chapter 13 from a prior chapter 7, 11...

If I file bankrupcty can I still keep 1 or 2 credit cards?

Prepetition (from-before-bankruptcy-filing) credit cards may be used post-petition (after bankruptcy filing) as bookmarks; they may no longer...

Can creditor repossess my vehicle after my account was discharged through bankruptcy?

Whether a vehicle loan is "ridden through" or reaffirmed, payments must be current to keep the collateral. The lender's lien (security interest)...

I gambled quite a bit 3-4 months prior to my husband losing his job. Now I have to file for bankruptcy. Will I be ridiculed for

We can't undo the past, but we can take positive, proactive steps to rebuild finances; bankruptcy is a sound and often best means of achieving that...

Is there a certain amount of time that you need to wait before making a large purchase after filing chapter 7 bankruptcy?

Wherever the somewhere resides, it's an apparently poor source of information. The point of bankruptcy is to permit one to move on with one's life...

Will I lose my vehicle (CH 7 BK) and can I add other creditors besides whats on my CR report?

Vehicles may be retained subject to exemption limits and possibly applicable reaffirmation requirements. A credit report is not a definitive...