Bankruptcy Questions

Will I Lose My Home If I File for Chapter 7 Bankruptcy?

In many cases, you can keep your home in Chapter 7 bankruptcy. Learn more here.

Multiple Bankruptcy Filings: When Can You File Again?

If you file for bankruptcy too soon after receiving a previous bankruptcy discharge, you won’t receive another bankruptcy discharge. Learn how often you can file for bankruptcy and wipe out your debts.

Can the Lender Repossess My Car During Chapter 7 Bankruptcy?

If your car loan lender gets court permission, it can repossess your car during Chapter 7 bankruptcy. Find out how to avoid losing your car in Chapter 7 bankruptcy.

Can Bankruptcy Take Your Social Security?

Federal law protects Social Security funds in bankruptcy.

Can I File for Bankruptcy If I Am Unemployed?

You don't have to be employed to file for bankruptcy. But being unemployed can affect the success of your bankruptcy if you file for Chapter 13.

When Can I Get a Mortgage After Bankruptcy?

Learn how long it takes to get an FHA, VA, USDA, or conventional mortgage loan after Chapter 7 or Chapter 13 bankruptcy.

Can I Stop Paying My Mortgage While I'm in Chapter 13 Bankruptcy?

If you want to keep your home, you must continue to pay your mortgage while in Chapter 13 bankruptcy.

Can I Sue Someone Who Has Filed for Bankruptcy?

Find out how bankruptcy can get in the way of a lawsuit.

Can I File for Bankruptcy If I Make a Lot of Money?

Learn about income qualifications in bankruptcy.

Which Business Debts Are Discharged in Chapter 7 Bankruptcy?

Find out whether Chapter 7 personal bankruptcy will wipe out your business debt.

Will Bankruptcy Affect My Job or Future Employment?

In most situations, bankruptcy won't affect your current employment; however, it might come into play if you are applying for a job in private industry.

Will Bankruptcy Stop the IRS From Collecting Tax Debts?

A bankruptcy case can be an effective tool in managing tax debts. It will stop the IRS from continuing collection actions like garnishments and prevent the IRS from placing tax liens. A bankruptcy can eliminate (discharge) some older taxes and give you a process for paying back what you can’t wipe out. Read on more for more on how bankruptcy can stop the IRS and give you an avenue to pay the taxes you owe.

Will Bankruptcy Get Rid of Lawsuit Judgments?

Find out if you can wipe out a lawsuit judgment in bankruptcy and what happens if the creditor has a lien against some of your property.

Can You Prevent a Marital Settlement Agreement From Being Discharged in Bankruptcy?

Learn how to wipe out property settlement debt in a Chapter 13 bankruptcy.

Will Bankruptcy Get Rid of a Charged-Off Car Loan?

Bankruptcy will wipe out your obligation to pay a charged-off car loan.

Should I File for Bankruptcy FAQ

Deciding if bankruptcy is right for you? Here are answers to your most common questions.

Should I pay credit card debt from retirement savings or file for Chapter 7 bankruptcy?

Pros and cons of using bankruptcy versus dipping into your retirement savings to get rid of debt.

Bankruptcy and Your Credit FAQ

Here are some essential questions to ask yourself.

Chapter 7 Bankruptcy FAQ

Get answers to common questions about Chapter 7 bankruptcy.