Your bank may have the right to withdraw money from your bank account to pay a debt owed to them. This is called a right of set-off.
Can You Discharge Recent Purchases and Cash Advances?
Will filing for bankruptcy destroy or ruin your credit? This is a common perpetuated myth than does not reflect the reality of what bankruptcy does.
Am I still responsible for a debt that has been charged-off on my credit report? A charge-off does not mean you no longer owe the debt.
What do you need to do if you are being sued by a credit card company? There are several options available including filing an answer to the complaint.
What steps should you take if a creditor has filed a lawsuit against you. How can you protect yourself from the creditor?
What criteria determines whether you can file a Chapter 7 or Chapter 13 bankruptcy case. Do you qualify to file for Chapter 7 or Chapter 13 bankruptcy?
If you are served with a lawsuit from a credit card, how long can you take to respond to the lawsuit before a judgment is entered. How long will it be before your wages are garnished?
Is there a minimum debt required to file for bankruptcy. There is a common belief that you must have a certain amount of debt to file for bankruptcy.
If your debts are primarily from business then you may be able to file for Chapter 7 bankruptcy and eliminate your business debts. The means test does not apply if your debts are primarily non-consumer debts.
Should you use the money from your IRA, 401K, profit-sharing plan, or other retirement to pay creditors? Does it make financial sense to use your retirement?
Financial education in our school system may help our younger generation avoid financial problems or filing for bankruptcy.