William Joseph Kopp Jr.’s Answers

William Joseph Kopp Jr.

Saint Petersburg Bankruptcy Attorney.

Contributor Level 12
  1. I am facing chapter 7, including my home. Approximaterly 2 years ago, my boyfriend paid cash for a vehicle for me

    Answered almost 2 years ago.

    1. Dorota J. Trzeciecka
    2. Peter Walter Weston
    3. Joseph Wrobel
    4. William Joseph Kopp Jr.
    5. Lawrence Joseph Marraffino
    6. ···
    7 lawyer answers

    The big question here is if you have equity in the car b/c the car appears to be paid off due to the fact that the BF never made himself a lien holder and is attempting to do right before you file. What you want to do is to get a value for the vehicle, if the value is low enough and you have the exemption room to cover it, there may not be a large problem. Also, there are many trustees and each may take it differently. Some will look to avoid that in a heartbeat, others will be OK with it,...

    8 lawyers agreed with this answer

    1 person marked this answer as helpful

  2. Chapter 7 Proof of claim from IRS taxes. How much gets discharged?

    Answered 11 months ago.

    1. Kevin Christopher Gleason
    2. William Joseph Kopp Jr.
    3. Terrence Jay Moore
    4. Matthew Scott Berkus
    5. James Wade Schwitalla
    6. ···
    6 lawyer answers

    As everyone stated, this is truly difficult to answer here. When they (IRS) open back up, call them, get the amount and then go get a lawyer's opinion if that number is right or if you need to do something about it.

    8 lawyers agreed with this answer

  3. Is it better to file for Chapter 17 or Chapter 13. Will it still show on my credit report if I do the reorganization one.

    Answered almost 2 years ago.

    1. Marc Gregory Wagman
    2. Michael Kim Bane
    3. Alan D. Walton
    4. William Joseph Kopp Jr.
    5. Glen Edward Ashman
    5 lawyer answers

    I always tell people that a 7 can be better for some people and a 13 for others. There are many factors but just some simple ones are your income and what bills you'd continue to pay. Examples often revolve around houses, cars and type of income. People who keep their home and do a 7 are different than people who need to do a 13 to keep it. Also, people with steady income are different than those whose income fluctuates. The biggest question is what will you need credit for coming...

    7 lawyers agreed with this answer

  4. Is it worth suing?

    Answered 9 months ago.

    1. Felipe Bastos Fulgencio
    2. John Arthur Smitten
    3. Robert E. Harris Jr.
    4. Tami Lane Augen
    5. Hernan Hernandez
    6. ···
    12 lawyer answers

    Meet with a PI attny!

    6 lawyers agreed with this answer

    1 person marked this answer as helpful

  5. Is it OK to file bankruptcy without an attorney?

    Answered 8 months ago.

    1. Brent Allan Rose
    2. Christine B. Adams
    3. Shaye Larkin
    4. Richard D. Granvold
    5. Robert Jason De Groot
    6. ···
    11 lawyer answers

    If your case is very easy for an experienced BK lawyer, attorneys can charge $500 or less. However, we will need to have a consultation to know how hard the case will be. Also most people at this time of year are using their tax refund to pay for bankruptcy lawyers. If you don't hire one, you risk the trustee taking your refund anyway. Kopp Law PA 2047 5th Ave. N. St. Petersburg, FL 33171 727 321-3433

    6 lawyers agreed with this answer

  6. Chapter 7 bankruptcy

    Answered 8 months ago.

    1. Brent Allan Rose
    2. Richard D. Granvold
    3. Christine B. Adams
    4. William Joseph Kopp Jr.
    5. Shaye Larkin
    6. ···
    7 lawyer answers

    The answer is probably no. I know you want to set up trusts etc. But the problem is that the BK Court knows that and will ask you about it. My suggestion is that you meet with a BK lawyer, who will look at the debts. You may be able to use a 100% Chapter 13 kind of banking on the fact that not of your debt will file claims and also assuming that by deep in debt you are only talking about 50 to 100k.

    6 lawyers agreed with this answer

  7. Chapter 7 - Means Test - Rent/Mortgage Payment and Car Deductions

    Answered 9 months ago.

    1. Lewis Matthew Roberts
    2. Kevin Christopher Gleason
    3. William Joseph Kopp Jr.
    4. Robert J Adams Jr.
    5. Preston Ray Tuley
    5 lawyer answers

    If you are above median. You really should get a lawyer.

    6 lawyers agreed with this answer

  8. I want to file for bankruptcy ... and keep my house ... is it possible ?

    Answered over 1 year ago.

    1. Jeffrey B. Lampert
    2. Orfelia Maria Mayor
    3. Jacob Bair
    4. William Joseph Kopp Jr.
    5. Diane L Gruber
    6. ···
    8 lawyer answers

    I am a BK attorney right here in St. Pete. I don't see a problem with filing for Bankruptcy while keeping the home if the facts are as you state. It would affect how I helped you fill in your petition and you do need an attorney to help you do that, but if the consultation and filing out of the Bankruptcy petition go well, there should not be a large issue. Feel free to call my office (727) 321-3433

    6 lawyers agreed with this answer

  9. I live in Florida if I file chapter 7 can I keep my car?

    Answered over 1 year ago.

    1. William Joseph Kopp Jr.
    2. Orfelia Maria Mayor
    3. Paula Brown Sinclair
    4. Dorothy G Bunce
    5. Adam Brooks Arnold
    5 lawyer answers

    The simple answer is Yes. It just depends on how you do it. If there is a payment, you "reaffirm" the payments. If there is too much equity in the car, you can still keep it, you just pay the Trustee however much money you are over the exemption limit and they usually give you a few months to do that.

    6 lawyers agreed with this answer

  10. Is there a way to get your student loans forgiven or discharged through bankruptcy?

    Answered over 1 year ago.

    1. Lewis Matthew Roberts
    2. Joshua Eli Adams
    3. Howard Hunter Ellzey Jr.
    4. William Joseph Kopp Jr.
    5. Deborah F Bowinski
    6. ···
    6 lawyer answers

    As a younger attorney with mountains of student loan debts, I suggest you try income based repayment. You can google IBR. I use it and it is a life saver.

    6 lawyers agreed with this answer