I second Mr. Winterstein's reponse. I would only add that every Chapter 11 is different and it would be worth consulting an attorney who could review the Chapter 11 plan and advise on your best course for the case at hand.
If I remove my name off of joint credit card (with balance) will bankruptcy still affect this card or spouse that is on it? I can't tell my spouse that I am filing bankruptcy. Please help....can't sleep because I am so stressed.
The first step is to confirm whether it is truly a joint account or if one of you is just an authorized user. If you didn't both sign the application, or both provide your information in the application, it may well be that one of you is the account holder and the other an authorized user....Read more »
I have approximately 2yrs left of 5yr plan. I’ve had annual increases ($2K) and my plan amount hasn’t changed, is it likely it will remain the same if I accept new job offer? Rent, etc. is sky high and I need to make a bit more to survive. I just don’t want to change any plan payments etc.
The Bankruptcy code doesn't require clients to report increases in income, and in the Southern District of Georgia, there is no reporting requirement. Different courts have different local rules on the issue and you should check with your attorney on the local rules. However, if you obtain...Read more »
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