cory asked:


I am thinking of filing for bankruptcy. Can creditors touch the equity I have in my home? What assets can they cease?

PipenB asked:


What are the pros and cons of personal bankruptcy? What would I need to do and what other options do I have. I have about 20k in credit card debt with 5 different cards that I basically haven’t paid in almost a year. I also have about 10k in student loans and a car loan of about 8k. What should I do? Who should I talk to?

Sarah B asked:


my business and business partner? Is it a totally separate issue from my business? And is there a need to tell my business partner that I’m filing for personal bankruptcy?

scottydogchiro asked:


By filing personal bankruptcy (chapter 7) including business credit card debts with personal guarentees; do I also have to file for business chapter 11 bankruptcy because of these same credit cards or will the pesonal filing take care of them without involving my business?

rykookyr asked:


My business closed and I am basically forced into filing personal bankruptcy. If I die before I get the final discharge from the court can the bank claim part of the life insurance instead of my wife getting it all? My questions boils down to, do I need some extra insurance until the bankruptcy is final later this year?

Kevin G asked:


If the US treasury begins to hold our debt and not banks or financial institutions, will that make it easier to declare bankruptcy?

morknews asked:


When filing personal bankruptcy, does it protect you from having your home or any other property in your name from getting seized?

MacDaddy1381 asked:


I own a restaurant and it is a C corporation. If i have to declare personal bankruptcy because of credit card debt and i can’t afford my home, what impact does that have on my business? will i get to keep it?

OKT asked:


I never late for any of my payments except one time, one of my credit card companies changed the grace period and kept it low key and because of that, I was late for 1 day and becuase of that, they raised my APR from 3.99% to 29.99%. When I called them, they kept saying this was not their responsability and nothing they can do and NOT even listened to my reasons. I have no choice but to file bankruptcy.

helpme asked:


I have a small business… sole proprietorship…. i’m having to file personal bankruptcy…mostly credit card debt and medical bills. Can I protect my business assets (my computers and some other stuff are exempt under Ch 7, but not office furniture which exceeds the personal exemption) if i convert it to a corporation a few months before filing?