Bankruptcy Law

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Related Bankruptcy Law Questions
We recently filed Chapter 7. We have $500k equity in our
We recently filed Chapter 7. We have $500k equity in our home. Is there anyway to get some cash out? … read more
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My wife and I are separated, by mutual decision. We live in
My wife and I are separated, by mutual decision. We live in different states. I am in MI and she is in MS. We jointly own a home in IL which is in foreclosure and need to file bankruptcy. How can we d… read more
Alex J. Esq.
Alex J. Esq.
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Can someone explain the difference between filing Chapter 7
Can someone explain the difference between filing Chapter 7 and filing Chapter 13 bankruptcy?… read more
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Roger
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Question concerning bankruptcy: Im considering filing bankruptcy
Question concerning bankruptcy: I'm considering filing bankruptcy because my ex BF and I have a car loan together and due to financial difficulty we can't pay(he's not a part of the bankruptcy). I've … read more
Phillips Esq.
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Hello. I need to file bankruptcy. Im self employed and work
Hello. I need to file bankruptcy. I'm self employed and work part-time due to chronic health issues. Where do I start? Are there new laws? Will this effect my daughter filing for financial aid for col… read more
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At what % underwater in a house is it best to give it back
At what % underwater in a house is it best to give it back to the bank and file Bankruptcy? What amount of money do I need to owe to make it even feasible to file? Combined my husband and I make less … read more
wallstreetfighter
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Currently I am helping a freind, who lives in New Jersey, she
Currently I am helping a freind, who lives in New Jersey, she is in about $40,000 plus in credit card and other debt. She currently makes about $400 a week thru unemployment and a couple days of work … read more
dkennedy
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I am in the process of filing bankruptcy. My mother wants
I am in the process of filing bankruptcy. My mother wants to give me her share in a property that her in my father shared. They are now divorced. How long do I have to wait for that property not to be… read more
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Roger
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I have been unemployed for three years and cannot find a job.
I have been unemployed for three years and cannot find a job. I have major debt in credit cards and medical bills that have already gone to collection. A couple have been assigned to attorneys. Will b… read more
cortrightlaw
cortrightlaw
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i owe 400k in in crdit cards, have 2 modest cars. and signed
i owe 400k in in crdit cards, have 2 modest cars. and signed over my home to my wife. i have new s corp and have filled it with some cash. if i default on my credit cards and have no assets in my name… read more
Terry L.
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I am currently separated from my husband. We had seen a bankruptcy
I am currently separated from my husband. We had seen a bankruptcy attorney prior to this. They recommended we File for Chapter 13. My question is, should I file for divorce first or bankruptcy first … read more
Ellen
Ellen
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Doctoral Degree
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My parents live in Florida and owe $180,000 in credit card
My parents live in Florida and owe $180,000 in credit card debt. They also owe about $270,000 on their mortgage. But they have social security and a pension worth about $80,000/yr. What is the most li… read more
wallstreetfighter
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I may have to file bankruptcy. I was laid off last year from
I may have to file bankruptcy. I was laid off last year from a great paying job,make half now (60K). But I am still upside down. I also am heavily vested in real estate and own a 4 plex and 2 duplexes… read more
Ellen
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Im the sole owner of a small business operating as an LLC
I'm the sole owner of a small business operating as an LLC for four years. I've used personal credit cards (in my name only) and have debt totalling about $30,000. I can no longer keep up with the pay… read more
Ellen
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I filed Chapter 7 Bankruptcy under the old rules. I have to
I filed Chapter 7 Bankruptcy under the old rules. I have to look thur my records to get the discharge date, but I am thinking of filing Chapter 13 bankruptcy. How much time do you have to wait before … read more
Ellen
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I have been using credit cards for the last 5 months really
I have been using credit cards for the last 5 months really heavy because I got cut in pay and my mom back home needed some help. Now I am getting to the point that I have about 130K in credit card de… read more
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I just received a court hearing summons from one of the credit
I just received a court hearing summons from one of the credit card companies I owe money to. It's not that I don't want to pay them I just haven't been able to. With my husband's medical discharge fr… read more
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Doctoral Degree
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my brother is going to marry a woman who just confess to having
my brother is going to marry a woman who just confess to having 500,000 medical debt that she took over for her sister. They are about to get married. I believe she hasn't files bankruptcy. The questi… read more
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Meet the Experts:

Terry L.

Terry L.

Attorney

3,681 satisfied customers

Better Business Bureau. 20+yrs bankruptcy experience. Chicago Bar Assoc. American Bankruptcy Institute member.

cortrightlaw

cortrightlaw

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

JoeLawyer

JoeLawyer

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Attorney in the practice of Bankruptcy Law since 1996

A.J.

A.J.

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Experienced consumer bankruptcy attorney.

Fritz

Fritz

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

Barrister

Barrister

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21 years practicing law. Landlord 29 years

Law Girl

Law Girl

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153 satisfied customers

I am an attorney.

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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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