We have scores of credit card payments due to illnesses and still many medical bills, the credit cards have carried us about as far as they are able. We have had advice to turn the house back to the bank , but this still leaves all the bills. Then the option of bankruptcy, not to [...]

Wanting to know… when you own a home (has a mortgage about 30% paid) and declare bankruptcy, what happens – do they take your house/equity away or not? What exactly is the process of declaring bankruptcy after you’ve done so?

I lost my job because a car accident (not my fault) and I’m about to loose my house and I don’t know what to do , I’m wandering if I fallow for bankruptcy will help me to keep m house ?,I don’t really know how its works,and how will affect me in general for good [...]

Can a home owner give ownership of there house to someone else and then declare bankruptcy on $100k due to mounting medical bills without losing the house? If so how soon after changing ownership can this be done?

Finance Man hit this one. You can get a mortgage 1 day out of Bankrupcy. The rate will be high but you can refinance after you establish better credit. After 2 years you can get a mortgage as if it never happened which gives you better rates. All of this depends on what your credit [...]

I have a Friend who has an (ARM) Adjustable Rate Mortgage. He is contemplating a wage earner or some type Bankruptcy. Can this type(ARM) mortgage be included in the Bankruptcy? Advice welcomed.

I am about to get discharge from chapter 13 bankruptcy at the end of the year. I just got married and I am about to have a baby. I want to buy a house next summer. Is this possible? I have three credit cards right now that I have been paying on time to help [...]

What are the best ways to improve our credit post bankruptcy without getting credit cards? Any advice would be appreciated. We are young (in our late 20′s) and my wife lost her job about 3 years ago and our income dropped $50,000 a year which caused us to file bankruptcy.

I owe large amount on house, also on another house, and some on land; am now disabled with huge medical bills and no income. What will bankruptcy protect?

We purchased a home at the height of the housing madness in Las Vegas 4 years ago. It’s now worth nothing and if we were to sell it we’d owe around 120,000-150,000. Factor into that the $30,000 we are in debt due to medical expenses and refinancing our adjustable mortgage (thinking we were doing the [...]