I am currently in a ch13 plan... but considering getting out of it.

At this point you're better off finishing the chapter 13. In most cases you can dismiss a chapter 13 but that will reinstate your debts with...

People are routinely solicited for loans and other services after bankruptcy. Carefully review these offers before agreeing to anything. You have...

Currently 1.5 years in 5 year Ch13 with arrears in the Ch13. Now want to get out of condo, what is best way forward?

You have several things to consider. You might modify your chapter 13 plan to provide that you are going to surrender the condo to the lender(s). ...

I filed for chapter 7 bankruptcy back in 2010

Chapter 7 does not remove a consensual lien like a mortgage from your house. In most cases, SBA loans include a mortgage (also called a deed of...

I have 2 homes and want to file bankryuptcy. One house has equity. Can I declare that home my principal residence for homestead?

Your homestead is the house you live in. You can move shortly prior to bankruptcy to the house with equity and claim it as your homestead. That's...

What the worse can happen to me if I file for CH7 myself ?

You need to qualify for chapter 7. There are many limitations on income, rules about assets and educational requirements. Chapter 7 involves...

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Will my husband be affected?

Generally, the community property laws make both spouses liable for debts in the name of either spouse. However, the community property laws can...

What counts as unsecured debt in a Chp 13 bankruptcy?

Personally guaranteed debts do count. These debts are contingent, meaning if the corporation pays then you would not owe, however, they are still...

Its seems bankruptcy is my only option?

You should seriously consider bankruptcy. I do not want you to struggle if it appears your finances have become impossible. Keep your chin up,...

How to covert a s corp into sole proprietorship.

From your question, it sounds like you realize that a corporation is a separate legal entity. You can dissolve the corporation and as part of that...

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