I am married. Does my spouse have to file bankruptcy with me?
Both spouses DO NOT have to file bankruptcy. If only one files, the non-filing spouse will be fully liable for all debts that are in both names (or in his/her name [...]
Both spouses DO NOT have to file bankruptcy. If only one files, the non-filing spouse will be fully liable for all debts that are in both names (or in his/her name [...]
Yes, bankruptcy is an option if your spouse is deployed or will soon be deployed. If your spouse is currently deployed and you need to file bankruptcy for both you and [...]
The answer is: definitely! Any exempt property may be kept as well as anything obtained after the bankruptcy filing. Exception: if an inheritance, settlement, or life insurance benefit is received within [...]
A bankruptcy will not ruin your credit forever. A bankruptcy will cause a drop initially in your credit score, but in many cases, this score can come back up fairly quickly. [...]
If you are at risk of losing your home, bankruptcy may be a solution to eliminate debt and stop a foreclosure. A Chapter 7 bankruptcy includes the automatic stay. This stay [...]
You may consider bankruptcy if your current situation includes: A creditor threatening foreclosure You are facing a repossession You are facing or experiencing a wage garnishment If your unpaid debt and [...]
Each bankruptcy case is unique, so are the needs of each client. You may not lose your car or your house in a bankruptcy. Arizona has exemption laws in order to [...]
Your employer is not notified that you filed bankruptcy, however bankruptcy filings are public records. An exception is if your employer is one of the creditors to whom you owe money. [...]
According to the bankruptcy law, your filing will show on your credit report for a period of 10 years. You can immediately start repairing your credit, however. Starting after your bankruptcy [...]
Bankruptcy is a federal court process. Through this process, debtors are allowed to eliminate or reorganize debt. Bankruptcy protection is supervised by the bankruptcy court. The purpose of a bankruptcy is [...]