Posted on Jan 20, 2010 By Robert Kovacs
Leave it there. An individual filing a chapter 7 bankruptcy case you may be able to exempt up to $11,200 ($22,400 for a married couple) of cash and bank deposits. If the money is exempt it will not be ...
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Posted on Jan 10, 2010 By Robert Kovacs
The goal for most individuals in bankruptcy is to receive a discharge of their debts. A discharge is a release of your legal obligation to repay your debt. With limited exception the discharge will ...
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Posted on Jan 8, 2010 By Robert Kovacs
This is called “Setoff.” A bank has the right to “setoff” one account against another. For example if you have a loan and a checking account (or other account with money on deposit) at the same bank ...
Continue reading "My Bank took money out of my checking account to cover a loan that I had not paid – Can they do this? " »