can i save my house and car from being taken away from me thru bankruptcy.....?
112655
Yes.  You do not list those debts as part of your bankruptcy plan and reaffirm with the lenders (who by law receive notice of bankruptcy) that you will still be paying them what is owed.  You do not need to file chapter 11 or 13 in order to reaffirm.  However, if you are including those debts in your bankruptcy, then as a rule those assets must be liquidated in order to minimize the lenders' losses.
316226
YES, sad to say, but when u co-sign u have just as much ownership if not responsibility for the vehicle...once they fire bankruptcy that will also go on YOUR record...you wont have to pay for the car any longer, but ur credit will drop dramatically.
289422
Contact the attorney who filed your case for you. You may be able to roll it over to a chapter 7, but you might lose property in the process. If your debts are that high, and your income that low, you might need to just let everything go back and start over.
558766
It is not a desirable option, but bankruptcy may be the only way to keep a vehicle needed for work in the situation you have described.  Contact a bankruptcy attorney soon for a consult.  Once the vehicle is repossessed, the fees will be even higher and will be due immediately along with towing/repo fees and and penalties then the vehicle often gets sold at auction pretty quickly.  Don't let it go this far without taking action yourself.  It is solvable with quick action on your part.
206583
I filed for bankruptcy a year ago, and am now about to purchase a brand new home.  Bankruptcy is not the end of the world, however, you have to prove yourself a little bit more than others.  Continue to make all payments on time, keep them filed and neat (you will need to show these payments if you intend to make a major purchase) Start small with a small loan, nothing you can't handle.  Get a small amount which you really don't need, just to prove you can make the payments on time.  I make alot of payments with my Debit/ATM card, and hardly keep any cash on hand.  That way you have a document record of all payments and purchases.  Good Luck to you!
622925
NOT TRUE!  YOU NEED TO REGAIN YOUR CREDIT, BY BUYING A CAR AT A BUY HERE, PAY HERE. IT WILL HELP YOU RE-ESTABLISH YOUR CREDIT IN TIME, USUALLY A COUPLE YEARS. ALWAYS WHEN BANKRUPTCY HAS BEEN FILED, TECHNICOLY THEY CAN HOLD IT AGAINS YOU FOR 10 YRS.
449887
For bankruptcy purposes, yes your house will not be included in the assets being liquidated depending on the laws of the state.  But typically not (not here in FL at least)\n\nIn a foreclosure situation, no... just makes it a little harder to foreclose.
693364
No, you do not loose assets/or income when you file bankruptcy.   The new bankrupcty laws for Chapter 13 (reoranization of your debts) would make you and your lawyer create a pay-back plan and a court appointment Trustee would administer the pay back plan.    I'm not sure about the new Chapter 7 (the old wiped out all your debt) and you didn't have to sale any of your primary property (by that I mean if you have only one car to get back and forth to work; and want to keep the car, you are allow to; that goes for your home as well.)   Retirement monies and disability/state and not touched by bankruptcy
162604
Do you have a steady job with a steady income?  Then it won't be too hard to make a budget to help you pay off the debt.\n\nWork with your creditors.  They like it when you communicate with them.\n\nYou CAN buy a house, car, etc.  But you will have to either 1) learn creative financing from places like www.richdad.com (for property buys) or 2) expect to pay a very high interest rate to "re-establish your credit" and places like that won't report your good credit payments - only if you miss one.  \n\nI bought 2 properties about a year after my bankruptcy and the interest rate wasn't bad at all.  Some "for sale by owners" will work with you on their own terms and their own interest rate to help you get a house.  Just be aware that you have to look at a few hundred homes to get an idea of value of the property vs. value of the loan terms.\n\nBankruptcy is getting harder and harder to actually file with the courts because the courts are recognizing that folks are doing the bankruptcy route instead of showing that they actually did attempt to pay back the debt.  I think, in some states, part of the requirement to file bankruptcy is to have evidence that shows you have attempted credit counseling or some other way to show you have attempted to work with the creditor and pay back the debt before a judge will even consider your bankruptcy case.
970403
Did an attorney handle your bankruptcy?  If so, contact your attorney.  If you did it on your own, then contact the Trustee who is handling your case and ask him.  The Trustee won't be able to give you legal advise, but he will be able to explain your responsibilities.  You should also contact the company that holds your car loan right away.  If you have no income there is a SMALL chance they will agree to take back the car and let you off the hook, but get it writing!\n\nDon't just ignore the problem.  If you wait and let the car be repossessed, you will be responsible for paying the loan, their attorney's fees, repossession costs, etc. They will sell the car and apply the difference to the amount you owe, but they won't get full value for the car.  You will be responsible for the difference.  And you won't be able to bankrupt out of that.\n.
311525
If you don't know ask an attorney. They will ask who sent it you to. There is a lot of missing info here. Are you being sued? Did you file for bankruptcy? Has a family member passed that owned a debt? In these kind of matters, stick with the advise of a professional to protect yourself, and not someone you've never met on yahoo.
613183
Man!  Do I disagree with the comment about filing your own bankruptcy!  \n\nIf you are low income, there are provisions in the law allowing for some financial help.  Just ask the bankruptcy attorney.
191386
As previously stated, it will depend on what kind of debt you are talking about.\n\nStudent loans, child support, taxes, and other debts can not go away with a bankruptcy.\n\nMortgages and car loans, or any type of secured loan can be included, but you still have to pay those loans or have the property repo'd.  But the interest rates and payments may be a little more favoriable.  \n\nOther loans will be handled in a bankruptcy, including the judgements.\n\nBut.....(yeah, there are always "buts")\n\nThey do not get erased unless you file for a Chapter 7.  The new bankruptcy laws passed last year make it more difficult for people who currently have an income to file Chapter 7's.  You will be forced into a Chapter 13, which means you have to pay back a portion of the debt.  The amount depends on your current income, and the state you live in.\n\nPlease take the time to read the link below.  It has info on the new bankruptcy laws.\n\nIn my opinion, unless you owe a whole lot of money, it's not worth filing bankruptcy.  You need to find a way to negotiate with the creditor.
1033851
Chapter 13 is no picnic either. They will garnish your wages and leave you pratically nothing to live on. Do you have a relative or friend that can buy the house from you for awhile until you can get back on your feet? Or perhaps even selling it outright would be better than losing it. How much equity do you have in the home? Mortgage lenders will refinance up to 65% of the home's value to bail you out of foreclosure. If that isn't enough, perhaps you have access to a retirement fund (401k, IRA, etc) and you can bring some out of pocket.
1036995
Machelle,\n\nI don't want you to take this the wrong way, but honey, you need to slow your roll.\n\nWatch your actions, they become habit.\nWatch your habits, they become character.\nWatch your character, it becomes destiny.\n\nYou filed for bankruptcy for a reason.  \n\nStop living beyond your means.  You didn't luck up on a car where you owe $10,000 MORE than the trade in value.  $567 a month is rent on a one-bedroom aparment in the South!\n\nThere is nothing shameful about leaving below your means.\n\nRefinancing is not an option in your situation.  You are upside down.  Why would a finance company want to pay your loan off at $23,500 when the value of the car is $10,000 less than the loan?  The collateral is inadequate.\n\nIf you don't pay the refinancer, they have a net loss of $10,000 when they repossess your car from your work place parking lot..\n\nI think you need to return the car to the dealer, take the hit on your credit report, and start riding the bus.  I can NOT believe that you filed for bankruptcy and thought it was cool to pay $567 for a gas-guzzling SUV after you discharged your debts..\n\nYou got the bruise, but didn't learn the lesson.\n\nYour credit is an extension of your character and it is time that you take inventory of your character.\n\nYou are NOT your car.  Who are you flossing for?\n\nGet a used Honda hooptie and make life easier for yourself.
880305
if they wont work out a forebearance agreement,then contact a bankruptcy lawyer, call HUD now!!!! you nedd to prepare to move in case.....good luck
588329
There are many lendors who will give you a home loan one day out of bankruptcy, look in your yellow pages, they usually state this in their ad.  As long as you have a good job, and been there a long time, they will give you a loan.  And dont sign a lease for a year, do a temporary thing, so you can get a house asap!