I'm not sure if you're asking us to talk you out of a bankruptcy or just curious about the cons of bankruptcy. This is a forum for non-case...

Yes, any lienholder has the right to foreclose if they are not being paid. If this is the situation, you need to meet with a CA State Bar...

I agree with my colleagues. You will lose a very important step-up in tax basis if your father transfers his home while he is still alive. It's...

Run! One of the reasons you schedule consultations with various bankruptcy attorneys before hiring one is to make sure they are a good fit for...

Bankruptcy is a great way to eliminate debt, start fresh, and rebuild credit. It's cheaper, easier, safer, and quicker than any option. Most...

Note sure if this is a chapter 7 question since you don't mention bankruptcy. However, a creditor who has a judgment can enforce that judgment by...

Yes, bankruptcy generally discharges personal liability. The dissolution agreement is just between the two of you and has no effect on third...

If you're trying to file without counsel, you'll be in a worse mess. You have business and personal debt, and by your questions, you do not have a...

It's unclear from your question what you need. Are you currently in a bankruptcy? If so, discuss this with your attorney. If you have not filed...

Unfortunately, a temporary absence of reporting doesn't mean the debt is gone. Debt buyers sell their accounts all the time and often several...