Income and Money in Chapter 7 Bankruptcy
Income and Money in Chapter 7 Bankruptcy
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Is Social Security Safe in Chapter 7 Bankruptcy?
Social Security benefits are protected in Chapter 7 bankruptcy, but you might run into trouble if you have commingled (mixed) the funds with non-Social Security money in an account.
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How Is Income From Child Support Treated in Chapter 7 Bankruptcy?
Learn whether you must declare child support as income in Chapter 7 bankruptcy and whether you could lose ongoing child support payments or child support arrears owed to you to the Chapter 7 bankruptcy trustee.
Common Types of Property in Bankruptcy
Common Types of Property in Bankruptcy
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Can I Keep a Post-Petition Bonus in Chapter 7 Bankruptcy?
If you get a bonus from your employer after you file for Chapter 7 bankruptcy, whether you can keep it depends on a number of factors.
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What Happens to Your Personal Property in Chapter 7 Bankruptcy?
When filing for Chapter 7 bankruptcy, many debtors are able to keep most or all of their personal property. What you’re allowed to keep depends on what property is deemed "exempt" by your state or the federal bankruptcy exemptions.
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Can I Keep My House If I File for Chapter 7 Bankruptcy?
No one wants to file for Chapter 7 bankruptcy and lose their house. Learn the steps to keep your home in Chapter 7 bankruptcy, including how to value it, calculate home equity, and research homestead bankruptcy exemptions.
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Will Chapter 7 Bankruptcy Prevent a Car Repossession?
Chapter 7 can temporarily delay the lender from repossessing your car but doesn't offer a permanent solution. Learn more.
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Keeping a Credit Card in Chapter 7 Bankruptcy
Learn why keeping a credit card in Chapter 7 bankruptcy is unlikely and why you should plan on rebuilding credit after completing a Chapter 7 bankruptcy case.
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Bankruptcy Exemptions - What Do I Keep When I File For Bankruptcy?
Bankruptcy exemptions determine what you get to keep during and after bankruptcy, including your home, car, retirement account, or personal belongings. But you'll have to comply with exemption rules. Learn more.
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How Is Joint Property Treated in Bankruptcy?
How your bankruptcy filing will affect your spouse and the property you own together will depend on factors such as the bankruptcy chapter you file, how you own the property, and the marital property state laws.
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Will I Lose All My Property If I File for Bankruptcy?
Find out why Chapter 7 filers lose property not protected by a federal or state bankruptcy exemption and why Chapter 13 filers pay to keep nonexempt property through the repayment plan.
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Is Social Security Safe in Chapter 7 Bankruptcy?
Social Security benefits are protected in Chapter 7 bankruptcy, but you might run into trouble if you have commingled (mixed) the funds with non-Social Security money in an account.
When Property Secures a Debt: Your Options
When Property Secures a Debt: Your Options
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Reaffirmation Agreements in Chapter 7 Bankruptcy
A reaffirmation agreement helps you keep a financed car after a Chapter 7 bankruptcy. Learn what to do when you owe a secured debt, such as a car loan, that will be erased in bankruptcy, and you want to keep the property serving as collateral.