If you filed a Chapter 7 bankruptcy and surrendered your home, the debt tied to that property should be discharged. That means creditors cannot legally come after you for the balance once the home is sold at sheriff sale. Yet, some creditors still try to collect. What happens then? How the Law Protects You Under […]

On April 1, 2019, the US government updated the Federal Register with new bankruptcy exemptions and Chapter 13 debt limits. Changes That Were Made Some examples of the changes are: the homestead exemption increased from $23,675 to $25,150 and the  wild card exemption increased from $1,250 to $1,325, plus the unused homestead exemption from $11,850 […]

For some, the prospect of buying a house after bankruptcy can seem unlikely. However, it is possible to purchase a home for yourself and your family. It simply requires patience, planning, and the right help. Here are some tips to get you started. 1. Build Credit We’ve discussed some of the strategies to improve your […]