Our Professional Answer: Bankruptcy is going to discharge 100% of all your legal obligations to pay your debt. That means a creditor has no right to sue you once you file bankruptcy, because you don’t owe […]
Our Professional Answer: One of the great things about bankruptcy regardless of what chapter your filing, bankruptcy and state laws allow that you can keep all retirement assets like a 401K, an IRA, or a 401C, […]
Our Professional Answer: Generally, if you file for bankruptcy, you can keep your car. Cars that have loans on them that encumber the value which is more typical than not, are not assets in a bankruptcy. […]
Our Professional Answer: Generally, you can represent yourself in a bankruptcy case. But let me warn you, bankruptcy is a very convoluted set of rules and laws. The reason people file bankruptcy is because they’ve been […]
Our Professional Answer: A chapter 13 is often the most preferential choice where there’s a foreclosure looming against your house. You can put your past due payments in your plan and you can structure your chapter […]
Our Professional Answer: Chapter 13 bankruptcy is used by a lot of people who want to save their home and other assets. It allows you to make payments to your creditors of your disposable income and […]
Our Professional Answer: Typically, nobody gets fired because they filed bankruptcy. However, some states have at will employment, meaning that you can be fired for anything. Typically though, bankruptcy is not the reason.