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What You Need to Know About Keeping Investment Property In Chapter 13 Bankruptcy

You can safeguard all your properties if you file for Chapter 13 of the bankruptcy law. However, this does not guarantee that you’ll never have to pay a portion of it. Read more to know. What You Can Do Under Chapter 13 Bankruptcy You can retain, or explicitly exclude or exempt, limited equity of the

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You Must File Bankruptcy In Good Faith, Not As An Attempt To Game The System

Anyone who declares bankruptcy is presumed to be acting in good faith. Ideally, this is to be using the procedure as intended (a means of assisting debtors in controlling their debt and finances again). A bad faith filing, on the other hand, arises when someone attempts to game or exploit the system for purposes other

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I Am Behind On My Mortgage Payments – Can I File For Chapter 7 And Walk Away?

Paying a mortgage for your house is a monthly obligation. However, if it becomes too difficult for you to pay your bills, the best option is to walk away. Simply walking away from your mortgage dues, also known as defaulting, will not solve your problems. There’s a high chance that the lender will sue you

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Can Creditors Sue Co-Signers On Credit Card Debt, A Car Loan, Or Student Loans?

When you make a loan or debt to a creditor, it would require you to have a co-signer (like your parents) who are accountable for paying back the debt if you cannot do so. Let’s say you go bankrupt amid your payments. What will happen to your co-signer? Will the creditor sue them? Let us

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Can Bankruptcy Filing Help Amend my Debts for Credit Card Fraud in New Jersey?

If you fall victim to credit card fraud in the state of New Jersey, it would be a hassle on your part if you have debts. A lot of the time, debt collectors will not accept your claim about being a fraud victim. Because of that, they can continue to claim that you are in

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Can I buy a house, buy a car, rent and apartment, or get a credit card, if I file for bankruptcy?

Filing for bankruptcy can make people feel that they can never manage their finances ever again. However, it is only temporary when it comes to reality, and although it might affect your credit score, you can still perform purchases, and you can recover from this inconvenience. It can be a hassle for everyone, especially if

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