De Witt County, TX Bankruptcy Law Firms & Lawyers

When you file a bankruptcy case, the court will want a list of every debt you think you might possibly owe to any person, anywhere in the world. So yes, you should include the unemployment over payment when you file. As to whether or not your bankruptcy case will eliminate that particular debt by discharging it, the answer usually is yes but that answer can sometimes change when a lien has been filed as you indicated has been done. When a lien has been filed, you have to look at the exemptions and compare those to the property before being able to guess. Something else that effect the answer is the timing of when the lien was filed compared to when the bankruptcy case was filed.

You need to pull a copy of your credit report, go to annualcreditreport.com to obtain one. The loan should be listed on your credit report. If it is not included in your credit report then use the last known lender and address. If the loan was secured by real property the debt would be listed on Schedule D as a secured debt and if it was not secured the debt would be listed as an unsecured debt on Schedule F. You should also determine if you were on the property title as having an interest in the property and has the property been foreclosed on.

A Chapter 7 Bankruptcy will stay on your credit report for 10 years. You can still apply for a house loan but the chances of getting one without help from someone else co-signing would be small.