How is the garage sale value of the furniture figured out? I mean, how is it decided what my couch and tv are worth? Do I just give an estimated figure or does someone come out to my apartment and take a look around at what I have?

I delared bankruptcy in 2002 and now have a collection agency hounding me with phone calls about a small unpaid debt from 2001. They call five or six times a day requesting that I call them back and send them money. What do I do?

If someone is still in bankruptcy and is offered employment overseas, can they take this employment while still making payments to the trust?

I have a vehicle, year 2000 value is about $8500.00, with no debt on it. What would happen to this given the vehicle exemption is $5000.00?

Is there a way to deal with Student Loans after a bankruptcy if they are not discharged because the person had not been out of school for seven years at the date of bankruptcy?

If you own a condo and car will they be taken away if you declare bankruptcy? What if there is garnishing on your wages, can this be stopped as well? Do I need an appointment to talk with someone there and what hours is there someone available?

I have heard that 1 person is allowed to make $1800/mnth income when 1 person files for personal bankruptcy,how much are 2 ppl allowed? And are there any exemptions? Meals on the road..hubby is a truck driver. Groceries for the house?

There seems to be much confusion in the minds of many people as to the difference between personal and business bankruptcy.

Here is an article - with some interesting discussion in the comments - about a young graduate who wants to know if he should invest or pay of his student loan debt.

Can I operate a small home business after declaring bankruptcy?