Many people think they won’t be able to sign up for new credit cards after filing bankruptcy. While all bets are off given the current credit crisis, in recent years the answer to the above question has typically been yes — it was fairly common to hear of clients receiving offers to sign up for […]
Will I receive credit card offers after filing bankruptcy?
January 30th, 2009 · No Comments
Tags: chapter 13 · chapter 7
Can you file bankruptcy but keep your car or truck?
January 12th, 2009 · No Comments
Yes, in many cases you can. In Rhode Island, you can keep vehicles you own outright up to $12,000 under the state’s “motor vehicle” exemption. Even if your vehicle is worth more, you could potentially hold on to a vehicle valued up to $17,000 by also claiming the state’s $5,000 “wildcard” exemption.
If a creditor has […]
Tags: RI bankruptcy exemptions · chapter 13 · chapter 7 · rhode island
Filing bankruptcy again: How long must I wait?
December 13th, 2007 · No Comments
People sometimes find it necessary to file bankruptcy again. The good news is you can file again; the bad news is you may want to wait a while. Under the new bankruptcy law, you can file a Chapter 7 bankruptcy eight years after you initially filed for Chapter 7 . You must wait four years […]
Tags: chapter 13 · chapter 7 · new bankruptcy law · stop home foreclosure