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It really depends upon what her house is worth. She can keep about $56000 in quity, but if there is more than that, it would hvae to be used (in a bankruptcy) to pay her credit cards or other bills. G ...Read more

You can certainly file on your own,  but certain things, including your wife's income will have to be considered to determine your eligibility and the advisability of bankruptcy. You need to take ...Read more

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Chapter 13 Offers More Flexibility in Bankruptcy than Chapter 7

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Tax Time Q&A: Can the IRS Seize My Tax Refund to Apply Toward My Student Loan Debt?

Early February is the time of year when Punxatawney Phil sees his shadow, men panic about what to buy their betrothed for Valentine’s Day, and the go-getters get their tax retur ... Read more

May I Keep My Tax Refund in Bankruptcy

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Legislature planning changes to voidance actions under insolvency law

Insolvency law is about to undergo major changes. The German Federal Government introduced a bill at the end of September amending voidance actions under insolvency law. GRP Rainer Lawyers and Tax ... Read more

Can I Keep One Credit Card if I File Chapter 7?

Most chapter 7 bankruptcies are filed to eliminate credit card bills, medical bills, and often lawsuits. Some people are eager to say, “good riddance to bad rubbish” when it comes to c ... Read more

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