I have an investment house going into foreclosure in FL 2010. I declared bankruptcy in 2009. Can I get a "deficiency judgement"?

From the facts you state, it would seem that you would not be personally liable for any deficiency judgment following a foreclosure because that...

Who OWNS what after the bankruptcy has been cleared?

The basic answer to your question is that you would own all of your assets that were able to be specified as exempt from creditors in your...

My bank account has been garnished. Will doing a bankruptcy help me get out this situation?

Yes, a bankruptcy can stop the present garnishment and prevent future lawsuits for current debts. In order to know if a bankruptcy would be...

Bankruptcy Law

The answer to you question is "yes". Send that creditor your bankruptcy case number and court name, or, better, the notice the court sent to...

Is social security money protected in Chapter 7 bankruptcy? Does it have to be reported?

Social Security income is not included as income for the Means Test. Next, considering assets, the money you've accumulated from Social Security...

Can you file a no assets reports in chapter 7 bankruptcy if you have some assets as long as they fall below a certain level?

There's some confusion evident in your question. Getting your filing fee waived is a separate entity and has no impact on your bankruptcy filing or...

My husband and I are considering to file bankrupcy

The short answer for Chapter 7 bankruptcy (the one that gets rid of your debts quickly) is "yes" to both of your questions unless the house is...

Is Foreclosure Alone a Good Reason to File Chapter 7 Bankruptcy?

Your plan makes sense except that you first should consult with a qualified bankruptcy attorney in your area to review your entire financial...

IL Ch 7 bankruptcy - the homestead exemption only applies to persons who own real property, correct? A renter cannot claim it?

In general, homestead bankruptcy exemptions are for owned residences, not a rental residence. You may be correct in your assumption about...

Whether you are personally liable for that credit card debt depends on the wording in the credit agreement that you signed. If you are personally...