Atty Rausa is right. Also, if your student loans are in deferment status, you don't have to include them.

Generally income is intended to be a consistent, regular receipt of money. Selling something is not the same as salary unless your business...

In chapter 7, would paying down my car loan with a big chunk be considered a "preference payment"? I have exemption for car or $

In order to preserve maximum flexibility, I would keep the money in the bank account where you have control over it. Paying down your car balance...

For how long is the non-filing spouse barred from using the 704 exemption? Is it 8 years or it while the case is pending? Help.

This appears to be a duplicate of the same question.

Is an income deduction order required in ch 13 bankruptcy?

The choice of repayment is yours and yours alone. Some find the "automatic pilot" feature of the bank deduction a plus while others prefer to pay...

I think the DMV must have referred this non-payment to a collection agency. Only a collection agency would make the threats you received to...

This demand for an overpayment can be discharged in bankruptcy proceedings. Contact a lawyer to determine whether to file Chapter 7 or 13. BK is...

How can I keep my car?

The brutal truth is: You can forget about getting any special treatment because you have been a loyal customer. You are now an account number who...

Transfers to a revocable trust do not result in loss of Prop. 13 benefits.

My wive filed for bankruptcy using a 703 exemption and I signed a waiver stating that I waived my right to use 704

This BK is not a substitute for having professional legal help. I suggest clicking the Avvo tab "Find a Lawyer". Some of us offer a free...