truck licenses - Q&A

What is a secured claim in a bankruptcy proceeding?...

I know I need to file for bankruptcy, but I don’t have money to pay the filing fee and attorney fees. I heard that tax returns are not protected by bankruptcy, so can I j...

I have been doing some research online, and I keep reading that you can get rid of a second mortgage if you file for chapter 13 bankruptcy. Of course, I read this on webs...

I have been reading up on chapter 7 and chapter 13, and one thing doesn’t seem to make sense. I understand that exemptions are used to keep property under chapter 7, but ...

How does chapter 13 bankruptcy work? I make too much money for chapter 7, but not enough to realistically repay my debts....

When times were good, I purchased a second home as an investment. Since I wasn’t going to use the second home, I let a friend of mine stay there as a tenant and he pays m...

I own a rental property. Right now, I owe around $500,000 on the mortgage, but the state of the housing market is such that it’s only worth around $375,000. If I declare ...

I think I make too much income to file for chapter 7, so I have been thinking about filing for chapter 13 instead. If I do, will I still have to repay my credit card debt...

I own some investment properties—multifamily homes I rent out.Times are tough, and some of my tenants are unemployed, so they can’t pay the rent. I could evict them, and ...

I am thinking about filing for chapter 7, but I have to be able to keep my car to get to and from work. Will I be able to keep my car if I file?...