Credit application issue form the past and a potential lawsuit that may lead to a bankruptcy declaration.

Follow the advice of the lawyer you previously spoke to. There is no need to act hastily. Even if they file a lawsuit against you on January 16,...

Am I responsible for payment to a collector?

Call the original electric company one more time and request that they send you (in writing) verification that the account balance is zero. Once...

This is a tricky situation you have. With financial transactions becoming more common on-line, there is a whole new area of the law that is...

If the new mortgage lender wants 100% proof that you surrendered the house, have them look at the preliminary title report! If your name is no...

In many jurisdictions making a payment on a debt is treated as an acknowledgement of the debt. It effectively may have revived any Statute of...

This is where you need to consult with a qualified and experienced Bankruptcy Attorney in your area. If you file a Chapter 7 case, you will...

Recently filed chapter 13, husband has car loan. can wife withdraw from 13 and file 7 for few medical bills while husband keeps

Filing a Chapter 13 Bankruptcy is a voluntary act. No one can force your wife to remain in the Chapter 13 if she does not want to be in it. She has...

How do I know when my first payment will be due? Is it my responsibility to figure this out or does the Trustee notify me?

The Bankruptcy Code requires the first payment in a Chapter 13 Plan to be submitted no later than 30 days after the case is filed. However, many...

Release of judgement

It really depends on the context in which it is being used. Including the word "satisfaction" identifies the amount owed has been fully paid and no...

What Is Answer To Exemption Concern. Please see question under "Explain your Situation". Not enough room here.

You have just found out how complex the Bankruptcy Code is. Filing Bankruptcy is not a Do-It-Yourself project, you should really consult with a...