Do individuals filing bankruptcy ever obtain credit? The answer to this question is: Yes. Immediately after filing a bankruptcy an individual can take appropriate action to rebuild their credit. After filing bankruptcy most bankruptcy lawyers will help provide the debtor with a credit rebuilding plan.
Can I eliminate my child support payments by filing bankruptcy? No. Bankruptcy does not allow an individual to eliminate child support payments.
Can I eliminate alimony or spousal maintenance by filing bankruptcy? No. Bankruptcy cannot be used to eliminate obligations of spousal maintenance which is often referred to as alimony.
Can filing bankruptcy help me keep my home? Yes. The filing of a Chapter 13 bankruptcy can be utilized to restructure your debt and allow you to keep your home.
Can I eliminate my student loan by filing bankruptcy? The answer to this question is generally no. Only under extreme circumstances can student loans be discharged in bankruptcy.