Your credit issue might not be a bar to admission, the key is honesty and dealing with your current situation. You are not the only potential...

If the us trustee says i make too much money for a chapter 7 and objects as abusive or totality of circumstances, what next?

The answers is that the trustee will bring a motion to force you into a chapter 13. That might not be the worst thing depending on your income and...

My husband is filing for business bankruptcy. What happens his personal asset and my credit and assets?

As long as you are not responsible for any of the debt then you will not personally be affected, as in your creditors will not be notified and your...

I have been served a summons and have 30 days to write a response. Questions

You could challenge the service, and the debt, the main question is do you owe the money? If you owe the money there might not be a good defense...

Statue of limitations question, last payment was 8-04, now debt collector bought the account and is calling.

Not sure what the statute of limitations is in your state, in California it is four years. The problem I often see is that the creditors ignore the...

Should I do a short sale if I am going to file for a Chapter 7 Bankruptcy in California

I do not recommend short sales to my clients when they are filing a chapter 7 bankruptcy, I do not see the need to go through that hassle if you...

In Riverside they are allowing the deduction for the IRA as long as you can show that you have been making the same amount of contributions to the...

What happens to my certficate of deposits and money market account (savings) if I file for bankruptcy (chapter 7)?

Depending on your other assets up to $21,000 can usually be protected. A bankruptcy attorney can look at your total financial situation and let you...

In Chapter 7 my husband and I meet the means test for the 2 of us.

I recently had this same issue with a case, I was able to get the chapter 7 approved by arguing with the trustee that the social security was not...

Being in a short sale process in FL, but got a lawsuit from GA for the second mortgage. Need some advice

The problem with just answering the complaint and just stalling is that if you really owe the money then you would just be stalling. The better...