How can I prevent future financial difficulties?

The answer depends on the timing of the windfall, the type of bankruptcy you filed, and how the bankruptcy court interprets your newfound wealth. Sep 23, 2021 ... If you expect a refund, what happens to your refund depends on the ... If you owe for any year after you file for bankruptcy, contact us. Bankruptcy and Custodial Parents. If you are a custodial parent currently receiving child support and the noncustodial parent has filed for bankruptcy, you may ... Apr 1, 2020 ... While the bankruptcy trustee could sell your home to pay your creditors, if you have little or no equity in your home, they are unlikely to do ... Aug 14, 2023 ... Both Chapter 7 and Chapter 13 bankruptcy will let you surrender the timeshare, wipe out your liability for the mortgage balance, and eliminate any previously ... Aug 7, 2012 ... When May Local Governments File Chapter 9? · Be Insolvent. A local government is considered insolvent if it is unable to (1) pay its current ... If any objections to the dischargeability of specific debts are filed, they will be heard by the court, but will not delay the granting of a discharge with ... Jan 24, 2025 ... Bankruptcy gives you a fresh financial start. You must file a case in federal bankruptcy court. Filing bankruptcy stops all your creditors from ... Sep 15, 2014 ... This article explains the impact bankruptcy may have on claims for alimony, equitable distribution of marital property, and how to protect yourself. ... if so, should I wait to file bankruptcy until that improvement happens? Should I delay filing bankruptcy so that I do not lose any property, such as the ...