Why does a loan modification after bankruptcy keep us from getting a mortgage for another house?

It sounds like your current lender has attempted to explain that if you sell, they have the right to be paid on the loan in full. If the property...

If I file for bankruptcy will that erase the money I owe on a credit line?

If the credit line is secured by your house, the bank will generally still have the right to seek foreclosure on the property after you file a...

If I met with a lawyer for a consultation and signed papers about fees and misc. can I choose someone else if I have not paid?

You can always choose another attorney. One month is a long time to process a bankruptcy case. Find an attorney who is less busy and who will be...

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No money...car went back.

In short, the car company cannot collect against your Social Security because it is exempt. You can tell the car company this, but creditors will...

Going into chapter 7 but in middle of short sale transaction to sell my home. What effect? Can I be sued by realtor & buyers?

The bankruptcy filing will prevent the sale from taking place unless permission is sought from the court and consented to by the trustee. You will...

Be sure that you are dealing directly with the escrow company and not simply based on the word of your former business partner. Typically, a lien...

Is there a waiting time between filing a chapter 7 bankruptcy and then filing a chapter 13 bankruptcy?

You do not need to wait to file a Chapter 13 case, but if you file before 4 years has elapsed you are not eligible for a discharge. If the fair...

Can a person file for bankruptcy while going though a divorce?

You can file a bankruptcy while going through divorce and it is not uncommon for people to do so. Marital and monetary problems often go hand in...

Reaffirming a debt undermines what bankruptcy does for you by making you again personally liable for the debt. For your vehicle, this means that...

You may also want to speak with a CPA or tax professional to check if you are withholding too much from your paycheck for taxes.