If you did not also file bankruptcy, the answer to your question is no. Taxes that you jointly owe may be collected from either one of you and his bankruptcy only protects him from collection action while the bankruptcy automatic stay is in effect; it does not protect you.
Source: findlaw.com
Video: Chapter 13 Bankruptcy: What to Expect
How bankruptcy impacts applications for home loans
Pennsylvania borrowers may qualify for a mortgage within one year of a bankruptcy filing. An applicant’s participation in the credit rebuilding process must be active before a lender will consider issuing a home loan. Chapter 13 filers are frequently eligible for mortgages sooner than Chapter 7 filers, depending on the requested financing.
Source: pennsylvaniabankruptcyprosblog.com
Bankruptcy And Your Credit: The Impacts Of Filing
Always make your loved ones a priority. Going through bankruptcy is a lot of stress. It can be long and drawn out which adds lots of stress and leaves people feeling empty inside. Some people do not even want to speak with others until the bankruptcy is official. This is not recommended because you will only feel bad and this may cause you to feel depressed. Because of this, you need to make sure you spend as much time as you can with your family and friends, even if you are ashamed of your finances.
Source: sibensiben.com
Chapter 13 Bankruptcy Time Bomb: Mortgage Modifications Revisited
So the foreclosure is stopped and your plan of payment has been confirmed by the Bankruptcy Court. But those payments are huge because they are designed to reinstate your mortgage by making up all your back payments and foreclosure costs as well as your current payments in the limited time of three to five years. You are struggling, but you will do anything to save your home. And then one day after about a year or so, the clouds break, the rainbows appear, and miraculously a mortgage modification arrives in the mail where the lender agrees to lower your payment and reinstate the mortgage as current if you just make your new payments on time. No back payments to be made up. Hallelujah!!! Salvation has arrived!
Source: bankruptcylawnetwork.com
Chapter 13 Bankruptcy Keep Your Property & Repay Debts Over Time
After a 341 hearing, a debtor or the legal representative needs to attend a hearing open to the public on the repayment plan. At the hearing, a judge will discuss a person’s repayment plan with the trustee, and ask the debtor or the attorney any questions to make sure the person is able to make the monthly payments under the plan. The creditors may object to the plan. Once a plan is approved, a debtor begins making payments pursuant to the plan. Part of the payments goes towards paying the trustee’s fees. When the repayments are complete, any remaining unpaid debts will be discharged in full.
Source: sbkass.com
Qualifying for Chapter 13 Bankruptcy
If you are having trouble making mortgage payments or are undergoing foreclosure, filing for Chapter 13 bankruptcy could help you keep your home. Each financial situation is different and a bankruptcy attorney can truly assess which bankruptcy option might be right for you. Illinois residents in need of legal counsel should call the bankruptcy attorneys with Dixon & Johnston, P.C. at (618) 207-3770. Our team can help make the bankruptcy process work for you.
Source: dixonandjohnstonpc.com
Differentiating Between Chapter 7 and Chapter 13 Bankruptcy
Here again, the main benefit of Chapter 13 over Chapter 7 is that the petitioner will be able to keep his properties that would or else be sold off to repay the unsecured creditors whom you owe money. A debtor who will file Chapter 7 can only retain the non-exempt properties by paying the trustee with the cash value of the property. You can repay your debt according to the new repayment plan that will be set by the Bankruptcy court. You can even feel satisfied about paying back a portion of your debt through this type. You can classify your creditors according to the priorities but only if this is accepted and allowed by the court. The automatic stay that will be imposed on the debtor will also be extended to the co-debtors who have even guaranteed the loan on behalf of the debtor.
Source: thestudentappeal.com
How to See Your Chapter 13 Payments Online
We encourage you to sign up for online access so you may view your case records at any time. You may confirm a payment has been received and you can see the trustee payments going out to your creditors. No need for time consuming telephone calls or waiting for the annual report from the trustee to get up to date information about your case.
Source: bankruptcykansas.info
Orlando Bankruptcy Attorneys Eric Lanigan and Roddy Lanigan orlando
The Lanigans are based in Winter Park but work with clients throughout Florida in cities from Altamonte Springs to Boca Raton to Cape Canaveral, Clearwater, Cocoa Beach, Daytona Beach, Deland, Deltona, Fort Lauderdale, Fort Meyers, Gainesville, Heathrow, Jacksonville, Jupiter, Kissimmee, Lake Mary, Maitland, Melbourne, Miami, Mount Dora, Naples, New Smyrna Beach, Ocoee, Orlando, Palm Beach, Sanford, St. Petersburg, Tampa, The Villages, Vero Beach, Windermere, to Winter Springs. If there is a city not listed, be sure to call to find out if the Lanigans serve your area.
Source: laniganpl.com