There are many factors to consider when deciding whether or not to file. Some include whether or not your debts are legally dischargeable, should you keep your car and/or house and the effect of bankruptcy on your credit rating. The two most common consumer bankruptcies areChapter 7andChapter...
You can keep your car, house, and all your assets in bankruptcy. In fact, many people who file bankruptcy do so to protect their home, car, and other assets from creditors. Can bankruptcy protect me from wage garnishment? Yes. If you are currently under a wage garnishment, fling bankruptc...
Try to keep your car and house after filing.Many people considering filing for bankruptcy worry that creditors could come after their car or house. While the laws vary by state, many consumers find themselves able to hang on to both assets. In Wisconsin, say Resop, if you continue to make...
What Do I Get to Keep? Filing for Bankruptcy Does Not Mean You Lose Everything You Own “What can I keep in bankruptcy?” It’s one of the first things people want to know when they are considering their debt relief options. Lenders and creditors have done an excellent job of convincing...
We are ready to help you with a new financial start in life. Keep your house and cars and discharge unwanted debt such as credit cards, finance companies and medical bills. You can make a change for the better TODAY! READ MORE... ...
When you file for bankruptcy, what happens to your car will depend on several factors. These include bankruptcy exemptions in your area, the type of bankruptcy you file, if you owe money on your car, and how much money you owe. In many cases, you will be able to keep your car as lo...
4. Can I keep my house and car after filing Chapter 7?In 2022, a new bill made it easier for bankruptcy filers in Colorado to keep their homes and automobiles. It was called the Homestead Exemption and Consumer Debt Protection Act, or SB 22-086....
Bankruptcy doesn’t just affect you. If you have joint debts you are bothjoint and severally liable, so creditors will look to your partner to pay any joint debts in full that were included in your bankruptcy. Details of your bankruptcy will be held by the credit reference agencies and if...
Can I prevent my house and car from being repossessed with bankruptcy? With many of our clients, they are able to keep their home and vehicle by filing for bankruptcy. In order for this to happen, you must keep current on payments, and continue to do so moving forward after bankruptcy. ...
How long after bankruptcy can you buy a house? It varies. However, to even be considered for a mortgage loan request, the bankruptcy must first be discharged. Abankruptcy dischargeis an order from a bankruptcy court that releases you (the debtor) from any liability on certain debts an...