Thank you for the advice Ms. Bunce.I work for the federal government right now and I don't think bankruptcy is an option for me?

One saying I remember from law school a long time ago is, "Everything is negotiable". Call and see what you can do. I caution reliance on "debt...

Is it okay to register a business and open up a business bank account before a Chapter 7 is discharged?

You cannot use money or other property that is part of your bankruptcy estate to open a business unless it is exempt. Otherwise the CH 7 trustee...

My mom has passed away and owes over 20,000 dollars in credit card debt as well as some medical. My sister and i are herPOAs.

No. Creditors can only collect against whatever assets she left behind (her estate). If you have legal control of her estate assets, you can settle...

If you borrowed the money and did not pay it back according to the terms of the contract and the statute of limitations does not bar the claim, you...

What can the bankruptcy court do in chapter seven when a person refuses to give his social security

Your question raises a question because it is highly unlikely that a debtor would ever be asked to turn over SS or Pension income in a Chapter 7....

CA homestead exemption allows $175K equity, 55 yrs with yearly income less than $25K. Is it yearly or 6 mo. average?

Sorry, the exemption is based on annual income.

I am currently looking at bankruptcy but also may have an inheritance that may clear my debts.

I agree with others that you should meet with an attorney to develop a well informed strategy. Because you appear willing to use the inheritance...

Chapter 13

All debt must be disclosed in a bankruptcy. If your Chapter 13 plan includes payments to catch up the rent, perhaps the landlord will be OK with...

We are 3 months behind on our mortgage. If we are foreclosed on our house do I need to claim bankruptcy?

There are so many more things to consider when deciding if bankruptcy is right for you. If your loan is a non- recourse loan, you may not "need"...

My IRS offer in Compromise has been accepted. Now, the devil is in the details

The key word is "entitled". It does not matter when you actually receive the refund, if you are entitled to receive it for tax year 2014 or any...