I'm filing for Chapter 7, I'm thinking of giving up my home.
The issue is I have a balloon mortgage on my home, is it worth it to keep it or not?

Comps on the house is 85k
Previously owe 71k
19 year left on the mortgage
Balloon payment 30k after 19 years
2%...

I've been lurking for a bit but this is my first post. Seems there is more knowledge here then with some Attorneys so maybe someone can help me. I cant seem to find an answer to these questions. I meet with an attorney yesterday but even he did not know.

We are in CA. My husband is...

I've recently filed and have some questions regarding reaffirming my car:
i reside in New Jersey and want to keep my car. I'm current on payments (never late). Some say reaffirming the car is good and some say not good. We really need this car bc this the only sort of transportation we have and...

Hi. I have been thinking about a the possibility of a chapter 7. I'm tired of the debt I have hanging over my head and don't know what to do. I have seen a couple lawyers and they all tell me something different and hoping anyone here has advice for me. But here are the details:

I had a...

I am considering filing bankruptcy. I have about $25,000-$30,000 in debt from a $12,000 deficiency balance on a car repo, about 3-5 thousand in collections/charge offs, and only a $400 limit credit card open with Discover. I have a broken lease that I'm still being charge for until the lease is up or...

Hi. I have been thinking about a chapter 7 recently and have read as much as I could about what it means. This has been a stressful time for me and my family and would hate to do it but I think I have no other choice. The problem is I don't know if I qualify.

But here is the details....

Hi:
I've search for an answer to my question but found nothing so here's my question.

I work for the federal government in Puerto Rico, I file for bankruptcy about 15 months ago and been paying faithfully since. I owe my dad $4000 and he wants his money back, I have a tsp account...

I had my 341 meeting for chapter 7 in Atlanta today...what a mess. Probably the biggest issue was that I pre-paid my dentist prior to filing - from my bank account, not on credit cards - for a procedure to be done 2 weeks later. The dentist required pre-payment, and the procedure was phase 2 of dental...

I am planning on filing at the end of the year so I'm getting my ducks in a row. I'm thinking we may now qualify for Chapter 7 so I want to think through everything involved in that so I'm not blindsided if that's the case. I'm in the Middle Court of Florida Tampa area to give you an idea of where we...

2 posts and both of them are full of clickable links and goo shortcuts. Perhaps you should read the rules before posting again and attempting to drum up business. Another post like this without permission from the administrators and you'll find yourself banned. - Frogger

September 15, 2015

USA Discounters Ltd., a retailer that has been accused of scamming U.S. service members, is defending its decision to file for chapter 11 in Delaware despite having roots elsewhere.

Judge Christopher Sontchi, a nine-year veteran of the bench in one of the...

I am so relieved. My story began 5.5 years ago with a trustee’s audit, a ‘Presumption of Abuse’ and a Dept. of Justice Audit thanks to an inexperienced BK lawyer. It’s a long read but I can’t imagine anyone going through this gauntlet again so I chose to share the major lessons I learned...

The U.S. Supreme Court on Monday handed a win to Bank of America by ruling that a second mortgage on an "underwater" home—one with a mortgage balance exceeding its current value—cannot by voided during bankruptcy.

On a unanimous vote, the court ruled against two homeowners,...

Hey all,

My younger brother made a foolish decision to get a truck when he was 18 and was approved by the local car company without a cosigner. Of course he ended up quitting his restaurant job a short while later and I can't remember if they repo'd the truck or if he turned it in voluntarily,...

I have filed for BK CH7 on 6/13/14 with an attorney.
341 Meeting on 7/15/14 - Discharged! Currently waiting on 60 days to pass.

My wages are still being garnished by one of the creditors! I have advised my attorney of this when we went to the meeting he advised me it should of...