I'm rolling my 401k to an IRA, can creditors seize IRA monies?

Creditors cannot seize your retirement funds unless they have a court order allowing them to do so. Even then if you keep your retirement funds in...

The law is unclear on the issue allowance for contributions to a 401k. Mandatory retirement contributions are deductible from gross income under...

Debt in parents name

Based on the information you provided it appears as if your parents owe the debt to the credit card companies and you owe a debt to your parents. ...

There is no minimum amount of debt to filed bankruptcy. From a practical point of view you should file if you are likely to have a significant...

In California, if my domestic partner files chapter 7 on our house lease, am I protected?

Your deposit of $5,000 with your landlord is an asset. You and your partner should list this asset in your bankruptcy filings. Therefore it...

In California, if my domestic partner files chapter 7 on our house lease, am I protected?

Your deposit of $5,000 with your landlord is an asset. You and your partner should list this asset in your bankruptcy filings. Therefore it...

In which state should we file for bankruptcy?

You file in the state (jurisdiction) in which you reside (your current residence). There is a requirement that you reside in the jurisdiction in...

I will turn 65 in january and will retire. How long before I can file for bankruptcy?

You can file bankruptcy before or after you turn 65 or retire. In order to qualify for filing a bankruyptcy you must live in the jurisdiction in...

Car Repossession Deficiency Amount?

Unfortunately you are responsible for a deficiency on an auto loan. You may settle with the creditor if possible. If yo do not have the money to...