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You must receive budget and credit counseling from an approved credit counseling agency within 180 days before your bankruptcy case is filed. A pre-bankruptcy counseling session with an approved credit counseling  organization should include an evaluation of your...

In most cases you will not lose your home or car during your bankruptcy case as long as your equity in the property is fully exempt. Even if your property is not fully exempt, you will be able to keep it, if you pay its non-exempt value to creditors in chapter 13....

Yes! Many people believe they can not own anything for a period of time after filing for bankruptcy. This is not true. You can keep your exempt property and anything you obtain after the bankruptcy is filed. However, if you receive an inheritance, a property...

Bankruptcy Yes, with some exceptions. Bankruptcy will not normally wilie out:Money owed for child suliliort or alimony;Most fines and lienalties owed to government agencies;Most taxes and debts incurred to liay taxes which cannot be discharged;Student loans, unless...

In most bankruptcy cases, you only have to go to a proceeding called the ‘‘meeting of creditors’’ to meet with the bankruptcy trustee and any creditor who chooses to come. Most of the time, this meeting will be a short and simple procedure where you are asked a few...

After your case is filed, you must complete an approved course in personal finances. This course will take approximately two hours to complete. Many of the course providers give you a choice to take the course in-person at a designated location, over the Internet...

There is no clear answer to this question. Unfortunately, if you are behind on your bills, your credit may already be bad. Bankruptcy will probably not make things any worse. The fact that you’ve filed a bankruptcy can appear on your credit record for ten years from...

Utility services — Public utilities, such as the electric company, can not refuse or cut off service because you have filed for bankruptcy. However, the utility can require a deposit forfuture service and you do have to pay bills which arise afterbankruptcy is filed....

The results of your bankruptcy case will be part of your credit record for ten (10) years. The ten years are counted from the date you filed your bankruptcy. This does not mean you can’t get a house, a car, a loan,or a credit card for ten years. In fact, you can...