If you have recently moved to California, you may need to use the bankruptcy exemptions from the state your moved from.
The 9th Circuit BAP decision broadens the benefits excluded under the social security act as income under the means test.
The timing of your bankruptcy can affect your ability to pass the means test and qualify for a Chapter 7 bankruptcy.
Where you can file for bankruptcy will depend on your residence and domicile. It can also be affected by where your principal assets are located.
What are the potential risk that you face if you use a paralegal to file for bankruptcy? In what situations can you use a paralegal for bankruptcy.?
Debts that resulted from a car accident involving drugs or alcohol may be non-dischargeable in a bankruptcy case.
What can you do if you have recent credit card charges or cash advances and you need to file for bankruptcy. Will these debts be discharged?
An after acquired interest that is related to an asset of the bankruptcy estate is not necessarily party of the bankruptcy estate. It depends on a number of factors.
A discharge is not needed to lien strip a mortgage in a Chapter 13 bankruptcy. A lien strip becomes complete upon completion of the plan.
A Chapter 13 Plan can delay payments to a secured creditor if the creditor fails to objection. A Chapter 13 plan can be confirmed with delayed payments to secured creditors.
You will need to wait at least 2 years from the date of your Chapter 7 bankruptcy discharge to qualify for an FHA loan. There are a few exceptions that may allow you to purchase a home sooner.
After a foreclosure you will generally have to wait 3 years to qualify for an FHA loan. In some cases the lender may grant an exception in the following circumstances…