We recently converted our chapter 13 to a chapter 7 surrendering our home in the chapter. We are 60,000.00upside down in the

Debt discharged in bankruptcy is not the same as debt forgiven outside of bankruptcy. IRS treats forgiven debt as taxable income (however, it is...

How do You Rebut an allegation of presumed abuse?

The burden of proving a debtor is not abusing the bankruptcy laws is shifted to the debtor usually when the petition, schedules, and means test...

You can always ask the judge, but I suggest giving the examining attorney a call first before asking the judge. She may agree to a continuance and...

What happen if and when you miss a payment or two to the bankruptcy trustee on a Chapter 13.

Payments can be temporarily suspended or the plan can be modified to adjust for a change in circumstances. If you become unable to continue making...

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A debtor cannot discharge debt incurred by its own fraud or by intentional, willful or malicious conduct. If the claim for employment...

Im on welfare and is unable to pay my student loan and other debt can i file bankruptcy?

Bill collectors hound you because that is about all they can do when they know you are probably judgment proof. You can ignore them, change your...

Can I convert my chapter 13 to a chapter seven after being in the plan only seven months.

Conversion from Chapter 13 to Chapter 7, if you qualify, is a relatively simple process. In the Central District of California you simply complete...

How much does a Chapter 7 Bankruptcy cost in Southern California?

The cost can be reduced if you qualify for a waiver of the $299.00 filing fee.

If i do a consolidation loan on my new house ,,,,does it keep me from being able to file for bankruptcy later if i had to?

It won't stop you from filing, but it may create issues that would affect the outcome of the bankruptcy proceeding. Bankruptcy Laws provide relief...

Is it possible to file bankruptcy if my only debt is 2 credit cards and hospital bills

Bankruptcy could be a good option if there is no reasonable way to pay off the bills and credit cards. The relief afforded by the bankruptcy laws...