How Can I Keep a Credit Card
When you file for bankruptcy, you are required to list all your assets and creditors. You cannot pick and choose which creditors you want to continue to pay and which ones you want to discharge in your bankruptcy. If you have a zero balance at the time of filing your...
Can I Rent After Bankruptcy
Many people ask whether they will be able to rent a home or apartment after filing for bankruptcy. The answer to that question is yes. It’s a common requirement to fill out an application with the property manager and have them run your credit history. Within a short...
Can I Give or Receive Gifts During Bankruptcy?
Can I Give or Receive Gifts During Bankruptcy?
What is a Bankruptcy Trustee?
When you file your case both a bankruptcy trustee and a judge are assigned to your case. Their roles are very different. The person with whom you’ll have your 341 hearing is actually the bankruptcy trustee not the judge. The trustee is usually either an attorney or a...
Can a Creditor Put a Lien On My Property?
Can a Creditor Put a Lien On My Property?
Will My Co-Signor Be Affected By My Bankruptcy?
It is quite common for bankruptcy clients to have friends, family members, or significant others as co-signers due to their inability to obtain credit without co-signer. Our clients are oftentimes concerned about how their decision to file for bankruptcy might affect...
Will Bankruptcy Prevent Me From Selling My House
If you sell your homestead prior to filing your bankruptcy case, the trustee can look to see how that money was spent. For example if two years ago you received $50,000 from proceeds from the sale of your house, how was that money spent? Did you use the money on...
Can I sell my car prior to filing bankruptcy?
A common question clients ask is whether they can sell or trade in their vehicle prior to filing bankruptcy. If using the Florida exemptions your allowed to have $1,000 in equity in your car. If you rent then you would have another $4,000 in exemptions to use on a...
How to Rebuild Your Credit after Bankruptcy
People often ask how to rebuild their credit after filing bankruptcy or how bankruptcy will affect their credit. I am often asked if filing for bankruptcy will destroy credit for 10 years. Most clients are surprised at how quickly their credit rebounds after filing...
Bankruptcy vs. Debt Consolidation
If you are eligible to file for a Chapter 7 bankruptcy that is always preferred to debt consolidation.
