From the monthly archives:

November 2008

bankruptcy
just_wondering asked:


Wondering how bankruptcy works if you are married. Say if one has awful credit, and the other has really good credit. The one needs to file for bankruptcy. Will the bankruptcy affect the other spouse? Or can the one do it alone without affecting the spouse at all? Any info or sites to look at would be appreciated. THANKS!

{ 2 comments }

How does a bankruptcy effect getting in the military?

November 28, 2008

missingmyarmysoldier asked: I want to re-enlist in the military and well my credit is bad mostly medical, and I want to file for bankruptcy and then finish college to become an officer will this effect me becoming an officer in any of the military Branch’s?
Btw forgot to add the medical condition was from my apendix [...]

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What all is proteced in bankruptcy in TX? If you are being sued, how much cash can you keep after bankruptcy?

November 21, 2008

canionboyd asked: My family, along with their company, is being sued for nearly $2M. We, along with the company, will have to file for bankruptcy. Does bankruptcy protect some of our cash to live on, and what assets do courts typically expect to be sold off to pay the lawsuit assuming all other [...]

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How long after bankruptcy discharge do I have to wait to lease a car?

November 21, 2008

CHAD5770 asked: Our lease is up in 3 weeks and we were late on 1 payment, sp we lost our pre approval for another lease. The dealer tried everything to get us set up, but we need to wait until the bankruptcy is dicharged before we can do anything, so we do not add [...]

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Bankruptcy? How hard is it to rebuild credit after. Also I am turning in a car that i have financed?

November 12, 2008

? asked: I had a very bad injury and now no income, I can not afford to pay for car or any other bills, bankruptcy is only option. How hard is it to rebuild your credit?

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How long to repair credit after a bankruptcy to qualify for a home mortgage?

November 1, 2008

bIGdADDY asked: Please provide information about experiance or knowledge relating to the amount of time it takes to repair ones credit after a chapter 7 bankruptcy. All loans reaffrimed thru bankruptcy have always been on track and have remained current. Any info provided would be a great help. Thanks

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