Author: Mike Shovan

With a reaffirmation agreement, you agree to pay a debt that you otherwise could have discharged. For example, you have a car loan and you

An exemption is a privilege or an allowance which allows you to retain certain amounts of property in certain classes including your house (homestead) and

Yes. You can file a Chapter 7 bankruptcy 8 years after your last Chapter 7 discharge or 6 years after your last Chapter 13 discharge.

No. You can file as an individual. The decision to file individually or jointly is based on your unique circumstances.

Immediately upon filing – an automatic stay goes into effect which stops all collection activity including letters, phone calls and law suits – even foreclosure

Absolutely not! Circumstances beyond your control – job loss, job cut backs, divorce, illness – may have caused your financial disaster. You do not have

No. Nobody learns about your bankruptcy unless you tell them. Your bankruptcy filing is part of the public record, but someone would have to know