Can I file bankruptcy without my spouse?

YES.If you are married, you may file bankruptcy jointly or on your own. Several factors may sway your decision to file together (get rid of joint debts) or separately (protect non-filing spouse’s credit score). If you do choose to file on your own, only your debts and assets wil
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Can I Include My Student Loans in Bankruptcy?

Discharging student loans in bankruptcy is a separate proceeding from filing a petition for Chapter 7 or Chapter 13. In order to ask the court to discharge your student loans, you must file an adversary complaint to prove that the student loan debt should also be discharged in your ba
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If I am buying a home on contract for deed, will I lose the home in my chapter 7 bankruptcy?

By: Megan M.R. McCarthyShort answer: if you keep making your payments you can stay in the home and the contract will continue on, unaffected by the bankruptcy. If you stop making payments, the contract will likely be cancelled, the property will go back to the seller and you will lose
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Why Withholding the Proper Amount of Taxes from Your Paycheck While in a Chapter 13 Bankruptcy is Important to the Success of Your Bankruptcy

By Attorney Kristen WhelchelMost trustee will allow you to keep only $1,200 ($2,000 if you filed a joint case) of any taxes refund you get depending. If you are over withholding, you will most likely not be allowed to keep the money.If you are under withholding, you may owe taxes for
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Credit counseling v. Chapter 13 from a budgeting perspective

When families encounter financial difficulties, they explore many options before deciding what is the best course of action for them based on the information they receive. Family members, trusted friends, coworkers, and financial professionals are all sources people often look to for
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Beware of Credit Repair Scams

There are many credit repair companies that are essentially scams. They take your money and they do not improve your credit or they only temporarily improve it. They challenge items on your credit report getting them temporarily removed only to have them reappear a couple months later
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Tax Consequences in Bankruptcy

Many clients ask about the impact of filing bankruptcy when they file taxes the following year.  There is a common misconception that the discharged debts are treated as income and will result in a large tax owed to the IRS during the next tax season.  Fortunately, the IRS does not co
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