That's a really broad question and I could talk your ear off for an hour giving you the answer.
Basically, a Chapter 7 is a bankruptcy where you discharge all your unsecured debt but do not get rid of secured or priority debt. It is possible to lose property in a Chapter 7 if the property cannot be exempted. You cannot have filed a bankruptcy within the last eight years if you want to file a Chapter 7. Also, your household income must be below a threshold set by the number of people in your household and the state in which you live. Chapter 7s take about six months from filing to discharge.
Here is a link to more information: http://www.lawrencelaws.com/bankruptcy/chapter-7-bankruptcy/. Best of luck!
chinese gold certificate
can a certificate valuated by the federal reserve at a certain amount be sold at a discounted price?
Suspended Licese
Got caught for the 3rd time within 2 months with driving without a license in New York. What are the consequences?
I had much debt that i was working through, then i got cancer and it destroyed me financially. I have not had the money yet to file bankruptcy but am now facing credit card judgment. I am self employed (1 studio rented, 1 home business) and struggle to keep insurance and basics going. I have no property and have just enough in bank to pay necessities(insurances vital). As I know I will be filing bankruptcy, should I try to pay small amt to try to hold the judgement at bay? Can they take what little is in the bank accts and should I inform the atty filing the judgement of my intent? Any input welcome.
thank you
Car Emissions Problem
Hello,
I sold my old car in Atlanta, GA to a person. In a couple of weeks he contacted me and told that the car hadn't passed emission test. He wants to sue me in a court for selling a car without emission test. I did not do emission test for this car because I did not drive it. It stayed on my parking lot for more than 6 months.
My question is: am I legally obligated to make sure that the car has passed emission test before I sell it?
One more question: He paid in cash. I did not provide him with a bill of sale. Am I legally obligated to provide him with a bill of sale?
