Are traditional IRA accounts protected in a chapter 13 bankruptcy?

Even if an asset were "non exempt" a chapter 13 may allow you to protect it by making sure that the unsecured creditors receive the non exempt...

I have a credit card from a credit union that went into collection.

If the debt is valid and they have obtained a valid judgement, or you have otherwise provided them permission to take payment from a bank account...

Can a collection agency garnish my paycheck if I discontinue in a debt mgmt program?

If the creditor, sues and obtains a judgement they can garnish your wages as a result. They may sue if you don't pay them in full, as part of a...

Garnishment

The loan may have been taken out during the marriage making the debt a "community" debt. In Arizona, each spouse is generally liable for the...

How can I file Bankruptcy for no money?

You can prepare and file a bankruptcy petition yourself at no cost. The Court will allow you upon approved application to spread out the filing...

Can you still buy a house while in a chapter 13? I heard that as long as you make payments on time for 1 year you could get loan

It is possible to obtain a mortgage while in a chapter 13 bankruptcy. Depending on local court practice you probably need to file a motion with...

I am erroneously being called by a debt collection agency. Can I sue them?

The Federal Fair Debt Collection Practices Act provides "protection" from third party debt collectors who are contacting the incorrect party. ...

The good news is that you may not be required to file all of the missing tax returns to be considered in "compliance". Often only 6-7 of the most...

How many years do I need to keep income tax records for federal personal income tax?

The Internal Revenue Service can audit a personal income tax return up to three years after the return is filed. It has a longer period to audit...

I recently got layed off and owe a payment to laywers for medical bills. Do I still have to pay if I am unemployed?

You will still be liable on the debt and if a judgment is entered against you, the lawyer may try to find assets to satisfy the amount. If you go...