Foreclosure vs Short Sale ramifications

Here's some general information and not advice: While I am not a tax expert, the forgiveness of debt in a "short sale" may result in 1099 income...

If it's not your asset and you're holding it in trust for someone, it should be safe from creditors. "Should." However, creditors and banks...

I am facing chapter 7, including my home. Approximaterly 2 years ago, my boyfriend paid cash for a vehicle for me

Shorter question: "do I have any unexempted vehicle equity? The biggest issues here are missing from your fact pattern: 1) what is the value...

My ex filed bankruptcy and included a motor home we jointly own, now they're threatening to repo but I'm paying the monthly note

Staying current on payments is not always sufficient. Did the debtor comply with 11 USC 524 re: reaffirmation? Some finance companies require this...

Chapter 7 bankruptcy means test, my check says Fed Taxable Gross and on another spot just says Gross which is a higher #. Which1

The B22 is not a simple document. As a bankruptcy attorney, I've attended full-day seminars and multiple continuing legal education classes on the...

File bankruptcy first, then hire an attorney

First of all, kudos for recognizing that you need an attorney. While you are allowed to file without an attorney, the success rate in Chapter 13...

I filed BK: do I have to keep admending all the collection agency the debt is sold to?

You need to list all of your debts, under penalty of perjury. This can be challenging, as it's hard to hit a moving target as your debts are sold...