Can creditors and the Trustee profit from selling my future inheritance that is considered a current asset?

Mr. Harkess has provided a complete response to your question. I will add that if you are entitled to an exemption to a portion of the proceeds,...

Which type of bankruptcy would be the best course of action, Chapter 7,11 or 13?

It depends on many more factors than those you have mentioned, and you need to spend some time consulting with an experienced bankruptcy attorney...

Bankruptcy in CA. What viable options, if any, are available for me to "reorganize" my debt in bankruptcy? Small LLC; just biz

The only bankruptcy chapter allowing a corporation or LLC to stay open and reorganize would be a Chapter 11. To do any kind of corporate/LLC...

Can I file bankruptcy again if my first bankruptcy was revoked? And when?

It really depends on the order revoking discharge and whether there are any time limitations stated in the order on when you can refile. Make an...

Is it ok to draw out money from IRA if Chapter 7 isn't discharged or closed yet? I'm 63

Since an IRA is property of the bankruptcy estate, you should not withdraw money from it prior to your discharge (and the closing of the case)...

After the bnkruptcy is approved...couple of payments later. my payments increase eighty five dollars m for no explained reason?

We on the forum cannot speculate about what happened. Someone needs to take a look at the case file and trustee records. If you do not have an...

December of 2009 I filed Chapter 7. April of this year I was laid off my job. Need to file again. What are my options?

It is too early for you to file Chapter 7 and receive a discharge as it has been fewer than 8 years since your previous filing. Chapter 13 may be...

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How many years after a person filed for bankruptcy will they be able to file again?

You are eligible to file a Chapter 7 and receive a discharge 8 years after a prior Chapter 7 which resulted in a discharge and 6 years after a...

Will we lose our new home during bankruptcy if my name is only on the deed?

More information is needed to assess your risk in filing bankruptcy than can be provided on this website. You need to sit down with a reputable...

Do private student loans disappear through bankruptcy?

The only way you can discharge student loans (either government or private) in bankruptcy is by filing an adversary proceeding in the bankruptcy...