Chapter 7 Bankruptcy Basics
Chapter 7 is the simplest and quickest form of ban |
Bankruptcy Basics
Bankruptcy is a proceeding in which a court admini |
Chapter 13 Wage Earner Bankruptcy Basics
Are you considering filing for bankruptcy? Get th |
Lo Básico de Bancarrota bajo Capitulo 13 para Asalariados
Un deudor tiene que satisfacer varios requisitos e |
Ask a Lawyer: Debt Plagues The Elderly
My mom is 75 years old. She is in debt to four credit card companies. She has no life thinking of that debt and in reality cannot afford to pay it. Can she get out of that debt by filing bankruptcy? If so, what would creditors do? |
Ask a Lawyer: Elders With Credit Card Debt
My mother is 79-years-old with dementia. I recently discovered she has approximately $17,000 in credit card debt. The monthly minimums are over half of her income ($1,062 from social security). She has no assets and lives in subsidized housing. There are approximately 8 different credit cards. She can't really afford to file bankruptcy. What happens if she simply stops making the payments? |
Ask a Lawyer: Home Loans In Bankruptcy
Through reading on this site I see that I can only have $12,500 in equity in my home in filing a chapter 7 bankruptcy. Is this true even if I do not include my house loan in the bankruptcy? I suffered a couple of tough blows and I need to file on $40,000 in credit card debt. I would want to continue to make my house payments as scheduled, and keep my home. |
