Bankruptcy and divorce?

If you use the $175,000 homestead exemption then your wife will need to sign a spousal waiver of exemptions so both sets of exemptions cannot be...

The creditors can have these judgment liens recorded on your home. You should reopen your chapter 7 as soon as possible and file a motion to avoid...

Can I go from a sole prop. to LLC, file BK without hurting my personal credit. Am I responsible for repaying assumed co. debt?

I agree with Mr. Areshenko. You cannot form an LLC and escape personal liability. Whether you legally owe the person you did business with is too...

What effect will my filing for BK have on my ex-spouse and the mortgage loan we hold jointly?

When did you quitclaim the property to her? A Chapter 7 Trustee might be able to go back and undo the transfer and if there is equity in the...

The court will not take your income into account. The creditor can garnish your wages after obtaining a judgment and writ of execution, however,...

Would filing bankruptcy help me?

First, your statement that you feel suicidal is concerning. Please call emergency personnel or your doctor right away. Bankruptcy might be a good...

I agree with my colleague, Ms. Hill. You will need to examine with an attorney why your registration was suspended in the first place and then you...

I would treat the withdrawals as an asset. The withdrawals need to be disclosed on the schedules and the trustee may ask for an accounting of where...

Filed bk in 2012 with property modification.?can I surrender the property with a deed in Lou . The property was never reaffirme

I recommend calling the creditor and asking them about the deed in lieu option. The creditor will have to agree to accept the deed in lieu. If they...

Whether you can lower your payments depends on some factors. First, you will need to make sure you and your wife do not have assets that are not...