Posts tagged as:

Chapter 7 Bankruptcy

Can a chapter 7 bankruptcy wipe out a summary judgment?

March 11, 2010 · 1 comment

mechvegas asked:


If a person had a summary judgment against them for a credit card debt, could it be wiped out through a chapter 7 bankruptcy, or would he still somehow be required to pay it, even if he had no job, no money in his bank account, and no major assets (car, house, etc)?

{ 1 comment }

I recently filed chapter 7 bankruptcy in Illinois will I be able to keep my tax refund?

February 26, 2010

Mr.C asked: I recently filed chapter 7 bankruptcy in Illinois will I be able to keep my tax refund?

5 comments Read the full article →

Can you quit your job to qualify for Chapter 7 bankruptcy?

February 23, 2010

Matthew asked: here is our situation
My wife and I make a little more than enough to qualify for Chapter 7 bankruptcy. I had a loss in income, and my wife wants to stay at home with our son. Our son is in daycare for 10 hours per day, and we no longer want [...]

0 comments Read the full article →

after Chapter 7 bankruptcy what should we expect?

February 22, 2010

reneem1954_2000 asked: We just was discharged from a Chapter 7 bankruptcy. The lawyer said they would look after our taxes for the next few years and our daughter’s estate, wrongful death(very little money), they could take that. We are ok with it. Anything we have to be careful with besides getting back [...]

0 comments Read the full article →

Chapter 7 and Chapter 13 bankruptcy lawyers

February 9, 2010

Either usually best suits the particular circumstances of the individual. The bankruptcy filing only person using one of the chapters. You can not have both chapters. So it's important to understand the difference between Chapter 7 and 13. Any qualified bankruptcy attorney and noted the differences between the two and how one or the [...]

0 comments Read the full article →

Bankruptcy Chapter 7 – Concept

February 4, 2010

Chapter 7 bankruptcy is one of a number of types of bankruptcy that make up the Bankruptcy Code was enacted in 1978, and amended in 2005 under the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA). In particular, it addresses the situation of individuals and businesses that can not meet its debts and require [...]

0 comments Read the full article →

Bankruptcy dispels common myths

February 4, 2010

1. MY ACCOUNT must be delinquent, creditors must be called, and I must be bankrupt FILE.
This is FALSE. If accounts are beginning to create anxiety and sees that you will not have the capacity to pay in the future, you have to wait until you are seriously delinquent and creditors are biting [...]

0 comments Read the full article →

← Previous Entries