Monthly Archives: June 2013

CAN I FILE BANKRUPTCY TO GET RID OF CREDIT CARD DEBT?

QUESTION:  I have credit card debt that I cannot pay. I would like to file bankruptcy. I have no personal assets. I need assistance with this process. What is the first step? ANSWER: You need to contact an attorney to … Continue reading

Posted in Filing Bankruptcy Issues, GENERAL INFORMATION, Making the Decision to do Something | Leave a comment

Question: If I file for bankruptcy, do I have to give up my 401k?

One of the few answers that I can give that is relatively absolute is that a 401k is exempt in a bankruptcy case.  This means that unless there is some type fraud, your 401k is safe from the reaches of … Continue reading

Posted in Chapter 11, Chapter 13 Bankruptcy, Chapter 13 Bankruptcy Plan, Chapter 7, Creditor Seizing of Assets, EXEMPTIONS | Leave a comment