Chatfield, TX Bankruptcy Law Firms & Lawyers

If you need to amend to add a creditor, you would amend either Schedule D, E, or F and you would need to amend the mailing matrix. Exactly which schedule you need to amend will depend on the type of debt you are adding to your bankruptcy. For example, if it is a loan secured by your home, a vehicle loan, or a large purchase on a store credit card, it probably is a secured debt that goes on Schedule D. If it is a tax, child support or alimony or unpaid wages, then it probably is a priority debt that goes on Schedule E. Other debts go on Schedule F.

In my practice, I've found that most couples can buy a house at reasonable interest in two years after filing a Chapter 7. You'll need to reestablish your credit. That means you have to make your payments on time to a business that reports to the credit agencies. For example, you're renting an apartment or a house, you pay utilities but most landlords and utilities don't report to the credit agencies. Car loans and credit cards generally report, so if you have a car loan, you're rebuilding your credit just by making the payments. When you filed bankruptcy, you received a swarm of car loan and credit card offers - many of these are ripoffs but you should look at them and if there is a low limit credit card with a good interest rate (in your case consider 18% a good interest rate), then apply and make the payment every month.

Yes your daughter can file bankruptcy. Any loans that you are cosigned on, you will still be responsible. Also student loans are rarely discharged in bankruptcy.