Posts tagged as:

Chapter 7

What is the difference between chapter 7 and chapter 11 bankruptcy?

February 25, 2010 · 1 comment

Sally asked:


A lot of local businesses and big companies are closing, and I want to know a little more in depth why this is and what it all means.

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Filed Chapter 7, kept the car and now not able to make the payments. What are my options?

December 2, 2009

deimmas asked: Had filed for chapter 7 and kept the car. The credit card debt was consolidated into the car loan therefore the amount owed on the car is more than the car is worth. Due to unemployment, am not able to make payments and want to surrender the car back to the lender. Can [...]

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Can I still File Chapter 7 if I got a summon by a debt collector?

November 28, 2009

sratletico asked: I’ve just got a summon yesterday by one of my credit card I have and I was wondering if I can still file Chapter 7? I do have other credit cards and medical bills that need to by paid as well that I haven’t been paying due to not having enough income to [...]

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How long after a chapter 7 can you file a Chapter 13?

October 28, 2009

loretta asked: We filed a chapter 7 on our own because we could not afford a lawyer. We still can’t. My husband was hurt and now we are way behind. I have tried to get work, but I haven’t worked in 20 years since we first got married. Can we re-open [...]

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Chapter 7 Bankrupcy – A school I have a loan for closed today. What recourse do I have for recovery?

October 10, 2009

badwool asked: I learned today that my flight academy has closed operations and filed for protection under Chapter 7. I must find out from my lender how much they paid and if they paid the full loan to the school. In the event my lender has paid out more than I have used [...]

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Can a credit union seize my car if I discharge other accounts in chapter 7?

October 8, 2009

William asked: I filed for chapter 7. I have 3 accounts with my credit union. I want 2 discharged and I want to keep my car loan. They are telling me that I have to turn my car in because of cross collaterization. If I default on one, i have to default on all. Is [...]

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what is the maximum salary one can make before they cannot file chapter 7?

October 4, 2009

jay m asked: I am looking to file Chapter 7 under myself in the state of Nevada. I have only been to one attorney thus far and was told if I was married and both of us combined make more than $60k/year then I have to file Chapter 13? Anyone have more input on this?

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