News of Bankruptcy Law

I was involved in a three car collision on April 14, 2006 and the police here in Alabama put me in fault at the time I did not have insurance the car had just been purchased twelve hours additional to the accident. I was sent to the hospital because i was hurt in the collision so I wasn't able to write a statement at the time of the accident. At the time I was 18 ...

Putting their claim as bondholder subservient to the UAW contrary to all known bankruptcy law and precedents? (i.e. the Indiana Pension Fund of all those firefighters & police officers that are suing in the U.S. Supreme Court)

I have always thought that if a Chapter 7 was filed "Prior" to all the Bankruptcy Laws changing they would be ok. My question is--If someone Files a Chapter 7 Bankruptcy in January 2003 and it's Discharged in February 2003.

Since this now 7-years shouldn't this be removed from a person's credit Report?

I live in Oklahoma and am married but have been living apart from my husband for several years with my daughter and have been filing head of household on my tax returns. I would like to know how I would file chapter 7 bankruptcy? Does my husband have to be apart of the legal process? I have only one asset which is my car. My husband is the "owner" and I am listed as the ...

I would consider discussing a deed in lieu of foreclosure with the lender. It will hurt your credit but you won't have filed a bankruptcy case.

Right now, lots of foreclosures are pending and lenders seem to be relatively understanding, especially in states like Ohio which have been hard hit economically.

My husband was laid off & we cannot pay our bills and are looking at all options. We owe on our house, car and the rest is credit cards.

My car was repo'd about 2 weeks ago. I lost my job about 6-7 weeks ago. I was told that by filing chapter 7 bankruptcy, I would be able to "wipe out" or be protected from having to pay the difference that is owed on the car after it goes to auction. From my understanding, Chap. 7, I would be able to leave out certain items, like my credit cards that have all been paid ...

me and my husband just completed a chapter 13 in august 2008. our lender CITIMORTGAGE.reviewed our bankruptcy court docket and has confirmed that a reafirmation agreement was not executed before the bankruptcy discharge was entered on or before we filed. CITIMORTGAGE said under the bankruptcy code, a reaffirmation of debt is not valid unless all of the requirements under bankruptcy law are followed. among other things, this included of filing a fully executed reaffirmation agreement ...

I have a rental in Utah and my tenants stopped paying rent back in July. They fed me lies to stall the eviction saying things like their parents are getting a loan and the rich brother will come along and help them out. I finally had enough of their stories and gave them the eviction notice. When they didn't leave, I hired a lawyer to file a judgement against them. Then that's when they filed ...

I filed for bankruptcy in 2001 and was discharged in 2002. 7 years passed, my credit is clear, i managed to buy a home, secure a line of credit, receive credit cards and all are in good standing. Today I received a call from a collection agency in regards to a 2003 student loan debt. My credit report no longer shows this debt however i was told I owe $19854. I was wondering if this ...