Bankruptcy – Can I Keep The Car?

Can I Keep The Car? Can I keep the car that I’m paying for if I file a chapter 7 bankruptcy case? Yes, if your bankruptcy schedules properly exempt any net equity value in your car and you keep making timely payments during and throughout the course of the case. In individual bankrupt
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Who Will Find Out that I Filed for Bankruptcy?

Who Will Find Out That I Filed for Bankruptcy? This is a common question, wondered about by many who choose the remedies afforded by the bankruptcy system. The primary recipients of information on your bankruptcy case will be your creditors because, as a debtor, you are required under
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Do I Have To Go To Court When I File For Bankruptcy?

Do I have to go to court?
Do I Have To Go To Court? The answer to this basic of questions is: It depends–on which type of bankruptcy case you choose to file. If You File Chapter 7 If you file chapter 7, you are unlikely to have to appear in court unless a creditor files an adversary proceeding (complaint
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May I “Walk Away” From My Home In a Bankruptcy?

May I “walk away” from my home in a bankruptcy?
May I “Walk Away” From My Home? May I “Walk Away” From My Home In a Bankruptcy? Under most circumstances, a debtor can keep her home or other real property after filing a bankruptcy case provided she is current on the mortgage and continues making monthly payments. Sometimes, however,
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Bankruptcy and a New Mortgage

New Mortgage and Bankruptcy
Bankruptcy and a New Mortgage How Long After Bankruptcy May You Become Eligible for a New Mortgage? The simple answer: It depends. If you lost a home during the recession, you may be eligible to buy a new one sooner than you think. Although before the recession, several of our clients
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What Debts Are Not Dischargeable In Bankruptcy?

Fresh Start with Bankruptcy
What Debts Are Not Dischargeable? Bankruptcy is a profound and fundamental remedy that offers individual debtors a “fresh start” when they become overwhelmed by debt possibly caused by the loss of a job or the failure of a business, by serious illness, divorce, or some oth
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How Long Will a Bankruptcy Filing Remain on My Credit Report?

Santa Barbara bankruptcy credit report
Bankruptcy &  Credit Report Questions How long will a bankruptcy filing remain on my credit report and when can I expect to receive new credit from a reputable commercial lender? A bankruptcy case filed under Chapter 7, 11 or 12 will remain on the debtor(s) credit report for 10 ye
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Gary Busey Is Creapy and Broke

Gary Busey Files for Chapter 7 Bankruptcy Gary Busey — who’s starred in more than 70 movies — has less than $50,000 to his name … and more than $500,000 in various debts … this according to official documents obtained by TMZ. 67-year-old Busey filed for C
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