Bankruptcy Law

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Related Bankruptcy Law Questions
I will be filing a chapter 13 bankruptcy with my spouse. My
I will be filing a chapter 13 bankruptcy with my spouse. My question is we want to sell our house what will happen if we sell the house after our bankruptcy is final and we restart paying our lenders … read more
Adam Yarussi
Adam Yarussi
Juris Doctor
2,379 satisfied customers
I live in PA. Am I allowed to file Chapter 7 bankruptcy on
I live in PA. Am I allowed to file Chapter 7 bankruptcy on my own without losing my house? I am on disability and earn little income personally.I have individual debts that I'd like to be forgiven for… read more
Terry L.
Terry L.
Attorney
Doctoral Degree
2,866 satisfied customers
I'm going to have to declare chapter 13 bankruptcy what are
I'm going to have to declare chapter 13 bankruptcy what are the secured vs. Unsecured debts and what does that mean? Only on credit cards and other places like hospitals and offices because I'm disabl… read more
Terry L.
Terry L.
Attorney
Doctoral Degree
2,866 satisfied customers
I live in Kentucky and am contemplating the filing of
I live in Kentucky and am contemplating the filing of Chapter 11 bankruptcy. I own my home and a single car with no mortgage or lien on either. Under State and/or Federal bankruptcy laws, do I have to… read more
Phillips Esq.
Phillips Esq.
Attorney
JD
23,758 satisfied customers
I have three rent houses in Texas And I am going to file bankruptcy.
I have three rent houses in Texas And I am going to file bankruptcy. My brothers live in two of them and they are making the payments on them. There is a little equity in them. Can we keep the two hou… read more
socrateaser
socrateaser
36,405 satisfied customers
i have over $130,000 in credit card debt and my house has about
i have over $130,000 in credit card debt and my house has about 125,000 in equity. If I file bankruptcy then they will probably take my house. I also have a 401 k that has over 325,000 in it. In order… read more
A.J.
A.J.
Attorney
Doctoral Degree
262 satisfied customers
I am considering bankruptcy and would like to know the difference
I am considering bankruptcy and would like to know the difference between Chapter 7, Chapter 11, and Chapter 13, also which would be the best for me in the long run and what is the best and cheapest w… read more
cfortunato
cfortunato
J.D.
7,967 satisfied customers
After my personal and business chapter 7s are filed back to
After my personal and business chapter 7s are filed back to back, what if any post-bankrupcy expenditures will be closely monitored and scrutinized by the Bankruptcy trustee and/or major creditors (Ba… read more
Ellen
Ellen
Attorney
Doctoral Degree
21,744 satisfied customers
I Live in California, & my husband and I are contemplating
I Live in California, & my husband and I are contemplating Chapter 7 Bankruptcy. (we satisfy the means test, and it would be a joint filing.) Reading online about Chapter 7, I am confused about severa… read more
cfortunato
cfortunato
J.D.
7,967 satisfied customers
I prev asked a RE atty about the following, can you pick up
I prev asked a RE atty about the following, can you pick up with your thoughts and let me know. Concerned about wether to file before or after we buy the new house, and how BK Judge will view what is … read more
wallstreetfighter
wallstreetfighter
Attorney
Doctoral Degree
11,809 satisfied customers
My husband is a compulsive gambler and took out a large amount
My husband is a compulsive gambler and took out a large amount of debt without my knowledge. If he has to file personal bankruptcy, how does that affect me? I have most of my accounts in my name only.… read more
wallstreetfighter
wallstreetfighter
Attorney
Doctoral Degree
11,809 satisfied customers
We are contemplating using Chapter 13 bk as a way to keep our
We are contemplating using Chapter 13 bk as a way to keep our house and car and restructure and repay debt. We have enough income to do that if the mortgager is willing to renegotiate the loan at a lo… read more
cfortunato
cfortunato
J.D.
7,967 satisfied customers
We have a significant amount of debt that we were paying off.
We have a significant amount of debt that we were paying off. Then are family income droped about 40%, and we can't afford to pay the creditors at the moment. I want to emphasize, at the moment, becau… read more
Ellen
Ellen
Attorney
Doctoral Degree
21,744 satisfied customers
i am considering chapter seven bankruptcy. most debts are unsecured
i am considering chapter seven bankruptcy. most debts are unsecured credit cards. however, in the state of texas, my wife and i own several rent houses. my wife is not claiming bankruptcy. question- c… read more
wallstreetfighter
wallstreetfighter
Attorney
Doctoral Degree
11,809 satisfied customers
I own my house outright in a remote rural area. I have a commercial
I own my house outright in a remote rural area. I have a commercial building in the same area that I am renting out. I have two vehicles that are 10 years old and paid for. My husband and I have lost … read more
socrateaser
socrateaser
36,405 satisfied customers
I filed for chapter 7 and filed on May 26 and it has now been
I filed for chapter 7 and filed on May 26 and it has now been postponed twice due to a disclosure of a quit claim deed that I had no knowledge of it the hearing with the trustee has been postponed twi… read more
Terry L.
Terry L.
Attorney
Doctoral Degree
2,866 satisfied customers
I may have to file bankruptcy due to I have been involuntarily
I may have to file bankruptcy due to I have been involuntarily unemployed for 14 months. I owe on a visa card and a line of credit against my home and these are the two lenders I would list in the ban… read more
TJ, Esq.
TJ, Esq.
Juris Doctor (JD)
12,455 satisfied customers
My dad is considering filing for bankruptcy, the only asset
My dad is considering filing for bankruptcy, the only asset he has is commercial property that I rent from him to run a business. He has about $400,000 in equity in that property and has about $300,00… read more
CALawyer
CALawyer
Attorney
Juris Doctor
1,622 satisfied customers

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Meet the Experts:

Terry L.

Terry L.

Attorney

2,866 satisfied customers

Better Business Bureau. 18yrs bankruptcy experience. Chicago Bar Assoc. American Bankruptcy Institute member.

cortrightlaw

cortrightlaw

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527 satisfied customers

Attorney practicing Bankruptcy Law including Chapter 7, Chapter 11, Chapter 12, and Chapter 13.

JoeLawyer

JoeLawyer

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376 satisfied customers

Attorney in the practice of Bankruptcy Law since 1996

A.J.

A.J.

Attorney

262 satisfied customers

Experienced consumer bankruptcy attorney.

Fritz

Fritz

Attorney

209 satisfied customers

Florida attorney with extensive experience in Chapter 7 and Chapter 13 consumer bankruptcy cases

Law Girl

Law Girl

Attorney

153 satisfied customers

I am an attorney.

Paul K, Esq.

Paul K, Esq.

Attorney

141 satisfied customers

10 years Exp., Great customer service, Prompt responses.

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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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