Retired With Debt Struggles: Do I Need to File Bankruptcy?

Retired With Debt: Do I Need To File Bankruptcy? In most cases, when a person retires, their retirement income is less than their prior working income. Unfortunately, existing creditors still want to be paid on time and in full; they

How Long After Bankruptcy, Foreclosure or a Short Sale Until I Qualify for a Home / Mortgage Loan?

I represent many people that file bankruptcy, have a short sale or foreclosure. So, I get the following expected questions on a regular basis. After Bankruptcy – When Do I Qualify To Buy a Home? After Foreclosure – When Do I Qualify To

How Often Can You File Chapter 13 Bankruptcy?

How Often Can You File Chapter 13 Bankruptcy? If you want to file a Chapter 13 now, but you filed a prior bankruptcy, you can file a new Chapter 13 with the following limitations.  A New Chapter 13 Following A

How Often Can You File Chapter 7 Bankruptcy?

How Often Can You File Chapter 7 Bankruptcy? If you want to file a Chapter 7 now, but you filed a prior bankruptcy, you can file a new Chapter 7 with the following limitations.  A New Chapter 7 Following A

Can A Debtor Buy a Home After Chapter 7 Bankruptcy?

Can A Debtor Buy a Home After Chapter 7 Bankruptcy? Yes, a debtor is allowed to buy a home following a Chapter 7 (liquidation) bankruptcy.  Here is how that can happen.   [Can A Debtor Buy A Home While In

Can A Debtor Buy a Home While In Chapter 13 Bankruptcy?

Can A Debtor Buy a Home While In Chapter 13 Bankruptcy? Yes, a debtor is allowed to buy a home even when in an active Chapter 13 (reorganization) bankruptcy.  Here is how that can happen.   [Can A Debtor Buy

Unpaid Water Bills Can Lead To A Lien On Your Home

Unpaid Water Bills Can Lead To A Lien On Your Home If you do not pay the water bill for your home that receives water/sewer service, then that unpaid bill can become a lien on the home.  That lien, if

Can Social Security Benefits Be Garnished?

Private Parties and Non-Governmental Entities Cannot Garnish Social Security In short, as a general rule, no one can garnish your Social Security except the government.   That means that banks, medical providers, home lenders, etc cannot garnish these funds. Example 1:  If

Is One Spouse Liable for the Medical Bills of the Other?

One Spouse’s Liability for Debts of the Other Here is a common scenario.  Spouse #1 goes to the doctor to have some body part fixed.  Let’s say the bill to the Spouse  for those services  is $1,000.  Twelve months later, Spouse #1 and

What is a “Medical Bankruptcy”?

What is a Medical Bankruptcy? Actually, that is a trick question.  There is no such thing under the law as a “medical bankruptcy.” There is no option under the Bankruptcy Code to file bankruptcy solely on medical debt.   Any