Bankruptcy Law, Personal Finance - General & Miscellaneous, Personal Credit & Loans
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Overview
Trying to decide whether or not to file for bankruptcy? This book from consumer-debt expert Robin Leonard addresses questions and concerns that may be keeping you up into the wee hours.If I file for bankruptcy…
* Will I wipe out all of my debts? Probably. And if not all of them, at least most. (See Chapter 3.)
* Will I lose my house? If you are up to date on your mortgage payments or can get up to date, you're not likely to lose your house. (See Chapter 4.)
* Will I lose my apartment? Not if you're current on your rent. (See Chapter 4.)
* Can I keep my car and other property? Most likely. Most people lose no property when they file for bankruptcy. (See Chapter 5.)
* Can I keep my credit cards? Probably not—but there's no reason to. (See Chapters 6 and 9.)
* Will I lose my job? No. An employer may not fire you solely because you filed for bankruptcy. (See Chapter 7.)
* Will I lose custody of my children? No. Divorce judges see a lot of people who file for bankruptcy. (See Chapter 7.)
* Will I go to jail? Not unless you commit perjury, defraud the bankruptcy court or commit a similar act. (See Chapter 7.)
* Will someone from the bankruptcy court visit my home or business? No. (See Chapter 7.)
* Can I move? Yes. (See Chapter 7.)
* Can I change jobs? Yes. (See Chapter 7.)
* Can I get divorced? Yes. (See Chapter 7.)
* Will my friends and neighbors find out? It's unlikely, unless you tell them. (See Chapter 7.)
* Is it hard to file? It's about as hard as filing a 1040 long-form tax return. (See Chapter 8.)
* Will I be able to get credit in the future? Yes—and more than likely, fairly soon after yourbankruptcy case ends. (See Chapter 9.)
* Will I be able to rent an apartment in the future? This is the one area in which people sometimes run into problems. But there are steps you can take to help yourself. (See Chapter 9.)
* Is bankruptcy even necessary? Not everyone needs to file or should file. An alternative might be the answer. (See Chapter 10.)
With these compassionate answers in hand, you'll be able to make the best decisions for your financial future.
Editorials
Booknews
Explains the bankruptcy process in plain language, with checklists, step-by-step instructions, state exemption tables, and sample forms. Material is up-beat, detailed yet readable, and to the point. This eighth edition contains new information on deciding if bankruptcy is the right option, rebuilding credit, keeping property, and negotiating with aggressive creditors. Annotation c. Book News, Inc., Portland, OR (booknew.com)Book Details
Published
February 15, 2004
Publisher
NOLO
Pages
208
Format
Paperback
ISBN
9780873379731