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Most Recent ‘Q&A’ Posts

Went back to school

I am 23 years old and owe 18,000 in credit card debt and have a line of credit for 10,000 dollars. I decided to go to university since I have no formal education and thus I have no income anymore either. I`m not capable of borrowing enough student loans in order to go to school […]

Student Loans during Bankruptcy

I am in the process of declaring bankruptcy. My student loans are not eligible as it has not been 10 years. I still am unable to pay them right now. Have defaulted in September and October. NO money. Does this negatively affect the bankruptcy?

home ownership

I am a single mother who filed for bankruptcy in Feb. of this year and own my home jointly with my mother, with my income being below what the Government considers the poverty level. At the time of signing and discussing my home ownership, I didnot have the $40,000.00 equity in it (believing that was […]

Applying for bankruptcy but not really bankrupt

I know this sound like a dumb question but im wondering. I know somebody who recently just apply for bankruptcy but in reality she`s not. She makes about 40 to 50 thousand dollars a year and she just simply run her credit cards and feels like not paying anymore, so she is applying even though […]

property taxes

HI there…..I was wondering what happens in the case that when a person files for bankruptcy and they are behind in their property taxes.

truck driver

i am a truck driver & own an older truck apprx. value $5000 is this considered a tool of the trade or can i keep it as a vehicle for occupation under $5600

bankruptcy & divorce, which assets will be affected?

I`m currently going through a divorce and am living in the matrimonial home with the children. My ex is no longer living with us however his name is still on the mortgage. He has filed for bankruptcy, what will happen now to the home?

work

do you need a job to go bankrupt?

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