Tag: filing for chapter 7 bankruptcy Archive
College Credit Cards Mistakes, the Statute of Limitations and Bankruptcy
Going to college is (in most cases) an excellent decision. It’s a good choice, a worthy goal, a nice move, a lovely aspiration, etc. But for some reason, once the decision is made many of us lose all logic. We suddenly BECOME college students. And college students, seemingly by definition, ...
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Bankruptcy After Divorce: Filing in Contempt of the Divorce Decree
When couples get divorced, they receive a divorce decree. The divorce decree is the final decision of the court regarding how affairs will be managed post-divorce. In some divorces there is debt to be divided. In addition to dividing the debt, some decrees will specifically forbid either party from filing ...
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Are Retirement Funds at Risk When Filing for Chapter 7 Bankruptcy?
If you find yourself retired, and looking towards a future on a fixed budget, you will probably be more wary of making large payments towards overwhelming credit card debt. Many in this situation waver back and forth over the decision of whether or not to use their retirement funds to ...
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Filing for Chapter 7 Bankruptcy and Keeping Your Vehicle
If you have recently filed for Chapter 7 bankruptcy, you may be wondering what’s going to happen to your car. It’s the most common concern after real estate ownership. If you’d like to keep your vehicle, you simply have to know the details regarding your car’s worth and how that ...
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Post-Bankruptcy: Can I Own Land in My Own Name After Filing Chapter 7 Bankruptcy?
Many filing bankruptcy wonder whether or not it’s possible to put property in their own name after filing Chapter 7 bankruptcy. Others assume that there’s a waiting period for owning property in their own name post-bankruptcy. If you’re wondering how long you have to wait to put your name on property after ...
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Bankruptcy and Property: Allowing a Home Included in a Chapter 13 Bankruptcy to Foreclose
If you filed for Chapter 13 bankruptcy, included your home, successfully completed a few years of the agreed upon repayment plan, but now find yourself unable to make your modified loan payment, can you walk away from the home? Can a lender foreclose on a home included in a Chapter ...
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Will My Vehicle Be Repossessed When I File for Chapter 7 Bankruptcy?
Many consumers who are considering filing for bankruptcy have the same question regarding a possible bankruptcy and auto loan, “Can my car get repossessed when I file for Chapter 7 bankruptcy?” The simple answer is yes; your car loan lender can get the court’s permission to repossess your vehicle during ...
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What Type of Debts Can California Bankruptcy Discharge?
Debt is something of a nasty word in today’s society. It is on the tip of everyone’s tongue when it comes to our nation’s financial health, so is it really that surprising to hear that a large percentage of American households are struggling to stay afloat amongst overwhelming debt? The ...
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