Others make good points. There may be no economic benefit to filing a bankruptcy case now. However, there may be peace of mind benefits. And if...

What happens to the debt of a person who passes away?

In general, unless a relative signed a guaranty or provided collateral, only the assets of the deceased person would be subject to his debts.

I need to file bankruptcy. Do I have to be physically present if I hire a lawyer ?

You don't need to be physically present to get the case filed, especially with a lawyer's assistance. But generally it is easier to get all of the...

What do I need to do to file bankruptcy ?

Filing for bankruptcy protection is easy-- you just file a petition with the bankruptcy court. However, doing it right and getting the most out of...

How long can a chapter7 bankruptcy last?

The length of the chapter 7 case is most likely to be determined by whether the debtor has exempt assets or not. If not and the debtor complies...

Can I file bankruptcy? What should I do?

A chapter 7 bankruptcy might be a good way to help you get a fresh start. Consulting with a good bankruptcy attorney will help you understand your...

What should I do with a financed vehicle?

The answer depends on your entire financial and living situation. If you surrender or sell the vehicle and it is underwater, then the lender can...

What if the Objection to Discharge Is Successful?

A successful objection to discharge means that a creditor can continue to collect the debt notwithstanding a bankruptcy filing. It should not...

You may have claims to recover distributions made to the owners if there were debts outstanding at the time of distribution. That would generally...

How to get deposit back from seller?

If you executed a standard form residential purchase agreement then it usually would have terms for cancellation (usually based on various...