You need to talk to your friend about retroactively adding your name to the loan. You both need to go into the bank where the loan is held and explain... more

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Don't feel like a loser.  Things happen even more these days with the economy the way it is and it is just going to get worse.  I would look... more

I suggest you wait until your wifes' bankruptcy has been signed off by a judge and she has received the release statement. Then you can sell your home... more

Yes there is a very simple procedure. You need to sign a transfer deed along with the change of ownership form. The legal authorities will convert the... more

Sell it before you file and hide anything else. Once you file, everything you own will be liquidated to try and pay your debt. Your shister lawyer is the... more

It depends on the nature of your debt and your possessions at stake that whether you should mention the unmentionables or not. You can check this detailed... more

Yes...but have you looked into other services before declaring bankruptcy?  I think you should look into some kind of debt counseling before bankruptcy. ... more

A bankrupt person will not be able to get a mortgage after only two years more

I live in Ohio and my parents had filed bankruptcy and they were told that if needed you wouldn't be able to file again for seven years. more

If there is a notice of default you had better attend as it means someone is attempting to repossess the property as the payments are in arrears. You should... more

Try your states Legal Aid.  You can usually find their information on the Internet or a phone number to contact them and ask them.  Legal Aid... more

A corporation is it's own "person" and you are merely an officer of the corporation.  If however the corporation owns items and you are a joint owner,... more

Chapter 13 is a US bankruptcy action that an individual may pursue to have their 'forgivable' debts consolidated by the courts. A percentage of the debt... more

In the absence of the specific details of your case, I am not in a position to comment on which of the two bankruptcies should you file. I believe THIS... more

Well there is no way to expunge bankruptcy but you can repair your credit if there are some bad marks on it. So that you can easily get clear credit report.... more

You can find research information on bankruptcy from the following links. I hope it would be useful for you. Research Bankruptcy Research Information... more

There are rules that specify the order of payment after the companies assets have been liquidated. If you received a notice of bankruptcy it should have... more

It does not have any specific limit. It is dependent upon your case. So the stronger your case is, the longer period you'd get for it. Normally it varies... more

Read this article it has a few really good suggestions for people who have mortgages with American Home. www.businessweek.com more

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You can buy anything you want with cash. If your bankruptcy is done, then you can use your money how ever you wish. If your bankruptcy is still going on,... more

You have to go a period of seven years before you can file bankruptcy again for the second time. more

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Typically you cannot buy anything like a car, house etc. for at least 7 years after filing for bankruptcy. more

Dave Ramsey believes that bankruptcy is a curse and just an invitation to many problems that will be coming in the future. First thing that Dave... more

If there is a lien on the property, such as a vehicle or a home, it can be up until the lien expires or is discharged.  Most states have a 7 year... more

You are right about what you have heard. Choice Gift Vouchers have gone bankrupt. None of the stores now accept these vouchers and it is believed... more

According to the most recent announcements, Delta Air Lines, one of the largest US carriers will exit bankruptcy protection in the beginning of May 2007.... more

There is a definite role of a trustee when it comes to the settlement that can happen when bankruptcy order is being passed. But before going to describe... more

There is no comprehensive listing of people who work as insolvency practitioners (which is abbreviated as IP) and official receivers (which is abbreviated... more

Filing for bankruptcy is an effective but a very drastic step taken by people to escape from debts and creditors. If you file for bankruptcy and manage... more

I could be wrong but I believe the following Items can not be discharged by a bankruptcy: Moneys owed to the IRS Child Support Student Loan... more

There are a number of companies that provide credit after a person has been declared bankrupt. Companies that provide secure credit cards even after bankruptcies... more

Yes. Walt Disney did file for bankruptcy. He was born in 1901 and died in 1966. In 1921, he started the Laugh-O-Gram Corporation in Kansas City, Missouri... more

A leading cause which leads to bankruptcy would be medial bills due to serious illnesses or medical problems. Even those with health insurance are at risk.... more

Before 1868 bankruptcy was only allowed on those who owed above a specified amount of money. Bankruptcy wipes our debts and also allows the individual... more

There is a long process that is being followed to receive money from a company that has gone bankrupt. Usually you will be notified within twelve weeks... more

An IVA (individual voluntary agreement) is designed to help people avoid bankruptcy. If you are declared bankrupt your assets can be taken, you will have... more

Balkan Bulgarian Airlines, originally founded in 1946 as Bulgaria's flag carrier, went bankrupt in October 2002 after it was privatised only a few years... more

Filing bankruptcy is a tough decision, but there are provisions in the law which can help you. First of all, make sure that you have put enough thought... more

As a consumer, you can file for bankruptcy in South Carolina under: Chapter 7 (Straight Bankruptcy): Here a trustee is appointed to determine if the debtor... more

In the past, it was quite difficult to get a home loan or mortgage approved after filing for bankruptcy. However in present times, it is easy to obtain... more

Swissair, once considered one of the world's most efficient airlines, filed for bankruptcy in October 2001 and grounded its entire fleet following the... more

Well it is advised that you contact a local attorney to legally guide you on this matter. An attorney will exactly tell you who to approach and what details... more

Bankruptcy is an official state that you are placed in if a creditor decides that there is little chance of you paying back the money that you owe them.... more

Before declaring yourself bankrupt you should seek advice from an experienced adviser. For some people bankruptcy is the only option, as it makes it possible... more

Yes, it is highly recommended that one should consult an experienced attorney before filing for bankruptcy. Attorneys are no doubt expensive, but he can... more

It is considered that bankruptcy is a public matter which affects the larger society. Once you claim that you are bankrupt your name will be published... more

To declare Bankruptcy one has to file a petition in a bankruptcy court by filling a form declaring one's debts, the names and addresses of the creditors... more

Bankruptcy as such is considered to be the last among the probable options that one can consider when one is in debt. As such there are quite a few options... more

As such declaring bankruptcy would require a reassessment of your assets according to priority as one has to declare all assets before the bankruptcy procedure... more

In most countries there are laws that forbid employers from discrimination against employees or potential ones on the grounds that the person in question... more

As a general rule family members are not affected in any way if a member declares bankruptcy. In most places according to bankruptcy law a married person... more

A creditor when the debt is not very large would generally prefer a formal agreement based on monthly payments of a fixed amount for a certain period of... more

Declaring bankruptcy has a long term effect on one's credit record and appears on all credit reports for a period of 7 to 10 years. The main consequence... more

The bankruptcy laws and types vary in different countries; for example in the US the most commonly used options are the Chapter 7 or Chapter 13 in case... more

Bankruptcy is a last resort option and as such should be taken only after carefully reviewing one's financial status. Bankruptcy is declared when one... more

Bankruptcy though it may sound as though one has hit rock bottom is not actually as worse as it sounds. According to credit experts declaring bankruptcy... more