It depends. Do you want to keep the car? You may file your bankruptcy case before your car is repossessed or you can chose to wait until the creditor repossess your car to file your case. Your intention for moving forward is most important. Speak with a knowledgeable bankruptcy attorney to determine which Chapter of [...]
Yes! Get rid of the debt you have cosigned on. Cosigner is the same as Codebtor. You are entitled to bankruptcy relief. If you have agreed to co-sign on a debt with a friend, partner, relative, or ex-spouse you may be in an unfortunate situation if the other person has stopped paying on the debt. [...]
FALSE. You qualify to get rid of your debts. Credit card debt is usually discharged in bankruptcy. Apparently there is a rumor or a misunderstanding regarding credit card debt and the ability to discharge it through a bankruptcy filing. None of what I have heard is based in truth. That is why it is so [...]
Will you get rid of all of your debts when you file for bankruptcy? It depends. What kind of debts do you have going in to the case? What type of case are you filing? What do you mean by 'get rid of' debts? The U.S. Trustee Program provides a Bankruptcy Information Sheet which gives [...]
It depends! You may be able to stay in your apartment, but you need to know the risks and your options. Typically, if you are late paying your rent then your landlord can take you to court and have you evicted. On top of that -- your landlord may get a judgment against you for [...]