Mortgage balance when Bankrupt

While "Cancellation of Debt" income may be discharged in bankruptcy, any time a home is foreclosed there are capital gain or loss issues to...

You seem to have been the victim of what is commonly referred to as "sewer" service. The Plaintiff hires process servers who rather than actually...

I received notification from my employer that my wages are being garnishes due to default judgment with Citibank. I went to the

Setting aside default is a fairly complicated procedure. You do need to get an attorney to help out. If the Judgment does get set aside you...

Am in chapter 7 bankruptcy waiting 4 my Meeting. Want to know when I can take a title loan against my paidoff car. Need $$ emerg

When you to to the meeting of creditors ask the Chapter 7 trustee if he/she has a problem with having you borrow money on the car? Assuming you...

Am in chapter 7 bankruptcy & just sold car (was running bad & I need good car); I just found out wasn't to do that. what do i do

I assume you spend the money you received towards buying the new car. You can let the trustee know that you had to sell. The trustee may be...

Does the automatic stay in a Ch. 11 corp. bankruptcy mean all litigation against the firm is stopped?

Bankruptcy filing stays all actions against the debtor corporation. The court will continue the hearing to see if the bankruptcy will be completed....

Went chapter 7 in 2010. Just rec'd 1099-A from mortgage co on surrendered home. Also a tax statement from BofA on a CC. What now

You can get the answer to your question at the IRS Website covering the entirel issue. <b>The Mortgage Forgiveness Debt Relief Act and Debt...

Will my new married last name affect the bankruptcy that is between my ex husband and me?

The purpose of the Bankruptcy laws is to give you a fresh start, sounds like you are off to a new one. Congratulations. You may want to wait...

What is legal & practical effect of listing debt on chapter 7 petition & then marking "DISPUTED"? When appropriate? Contingent"

Claims against you that you believe have some basis for disputed can be listed as disputed. If this was an asset case, the creditor would have to...

If I listed my IRS debt on my chapter 7. It was debateable whether or not discharged in my mind. How do I know discharged or not

If the IRS filed a lien it will be against all the property that you had at the time you filed so hopefully you valued property in Schedules A & B...