Omar Mahmoud Badr’s Answers

Omar Mahmoud Badr

Taylor Chapter 7 Bankruptcy Attorney.

Contributor Level 11
  1. I have about 55k of debt. No income due to an injury at work. Can I file BK?

    Answered about 2 years ago.

    1. Omar Mahmoud Badr
    2. Alan D. Walton
    3. Gregory Howard Wiley
    4. Latife Helen Neu
    5. Steven J Reilly
    5 lawyer answers

    Indeed, you seem to be a prime candidate for Chapter 7. Chapter 7 is intended for circumstances precisely like yours. As to the cost that you can expect, it will vary from place to place. Here in Michigan, one might find an attorney willing to work on a flat fee anywhere between $500 and $2000 for a simple Chapter 7. The bottom line is that you should shop around. There are quite a few attorneys out there who provide excellent service for a fair price. As with everything, experience is...

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  2. What does Chapter 7 bankruptcy mean?

    Answered almost 2 years ago.

    1. Jeffrey Steven Feinberg
    2. David Lloyd Merrill
    3. Walter C Oney Jr
    4. Michael Hal Schwartz
    5. Omar Mahmoud Badr
    6. ···
    6 lawyer answers

    A bankruptcy filed under Chapter 7 of the Bankruptcy Code is a case in which the filer, who owes debts, discharges those debts without being forced to repay them. Chapter 7 is often referred to as "liquidation" because the filer's property may be taken by the trustee and sold (liquidated) and the proceeds used to pay some of the filer's debts. Chapter 7 is, by far, the most common type of bankruptcy case. It is intended for impoverished individuals who are either without income, or who...

    8 lawyers agreed with this answer

  3. BK7 DISCHARGED AND COLLECTORS? TODAY I RECEIVED A $116.849.63 COLLECTION LETTER FOR PAST 3 YEARS I STAY IN THE HOUSE AFTER BK7?

    Answered about 2 years ago.

    1. Derek R. Caldwell
    2. Marc Gregory Wagman
    3. Omar Mahmoud Badr
    4. Deborah F Bowinski
    5. William J. O'Connor
    5 lawyer answers

    Collection of a discharged debt is unlawful. However, if the mortgage company is merely providing you notice, it may not be construed as a collection effort. There is, from the sound of your explanation, no real collection effort going on, and it seems you remain in possession of the property. If that is the case, and you are not and have not been making payments, why not just accept the bank's generosity in letting you stay rent-free? I am, of course, not so naive as to believe that...

    8 lawyers agreed with this answer

  4. Do i have to amend to list as a creditor someone who filed an appearance?

    Answered over 1 year ago.

    1. Omar Mahmoud Badr
    2. Gary D. Bollinger
    3. Allan J. Rittenhouse
    3 lawyer answers

    The creditor quite clearly has notice of the case. To the extent that they attempt to argue that the debt owed to them should not be discharged because they were not listed and therefore did not get notice, they will be unsuccessful. I suppose that I could be accused of not being a diligent practitioner for this, but this is the type of situation in which I would tell the client to save their thirty bucks. I note that you are in Michigan. In the Sixth Circuit (the federal jurisdiction...

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  5. Discharged Chapter 7 but Best Buy sent reaffimation letter about item purchased almost three year ago (may of 2010).

    Answered almost 2 years ago.

    1. Edward W. Harness
    2. Omar Mahmoud Badr
    3. Carl H Starrett II
    4. Gregory A. Holbus
    5. Ryan J. Harrington
    6. ···
    7 lawyer answers

    As the previous answers have indicated, the legal right to recover collateral that is the subject of a security agreement and the practical likelihood that any effort will be made to recover that property are very different things. True, Best Buy probably has a legal right to seek recovery of the property in question, but consider the cost and burden of doing so. Is the TV worth the cost of the legal actions to recover it? Is it worth the cost of the repo-people sent to collect it? Is it...

    7 lawyers agreed with this answer

  6. Do I have to go to court for Child support If I already filed Chapter 13?

    Answered about 2 years ago.

    1. Robert M. Gardner Jr.
    2. Omar Mahmoud Badr
    3. Glen Edward Ashman
    4. Dorothy G Bunce
    5. Gregory Howard Wiley
    5 lawyer answers

    First of all, please understand that your attorney may be very competent within the context of bankruptcy, but know almost nothing about state court child support issues. His or her unwillingness to represent you in the child support matter may be an exercise of appropriate caution, and an effort to avoid inadvertently making things worse. Moreover, there are bounds to the scope of most attorneys' representation. The retainer agreement or contract you signed when you hired your bankruptcy...

    7 lawyers agreed with this answer

  7. Is there a significant impact in a Chapter 7 bankruptcy if an unsecured creditor is erroneously listed as secured?

    Answered about 2 years ago.

    1. Evan A Nielsen
    2. Malcolm Wallace Ruthven
    3. Omar Mahmoud Badr
    4. Deborah F Bowinski
    4 lawyer answers

    I agree with the other answers. A secured creditor is one who has a lien on collateral to "back-up" the money obligation you owe them. The fact that the collateral is not worth enough to cover the debt is not relevant in a Chapter 7 context. Consider that, much of the time, a company that provides financing for a car will be owed more money than the car is worth. This is a similar situation. The fact that the primary mortgage creditor has a better lien than the second mortgage creditor...

    7 lawyers agreed with this answer

  8. Are parents legally responsible for paying off their minor child's debt in Michigan?

    Answered about 1 year ago.

    1. Michael H. Cutler
    2. Omar Mahmoud Badr
    3. Michelle L. Radloff
    4. David B. Carter Jr.
    5. JaPaula C Kemp
    5 lawyer answers

    As the other attorneys have stated, a minor cannot enter into a contracts other than for necessities which contracts may be found valid (a credit card is NOT a necessity). Hire a lawyer to write the credit card company a polite letter explaining exactly why they are not legally permitted to collect, and reminding them that continued attempts to collect invalid debts may subject them to liability.

    5 lawyers agreed with this answer

  9. Attorney failed to file Ch.13 paperwork prior to confirmation and now case is dismissed. What are chances court will reinstate?

    Answered about 2 years ago.

    1. Omar Mahmoud Badr
    2. Hale Andrew Antico
    3. Robert Edward Tardif Jr.
    4. Aaron Thomas Kimbrell
    4 lawyer answers

    Depending on the circumstances, you may be able to have the case reinstated. It will also depend on which judge you have. I note that you are in Michigan, the district where I practice. It is fairly common for Chapter 13 cases which have been dismissed for technical errors to be reinstated here. If there was a substantive problem, then your chances decrease rapidly. I personally have found courts in the Metro-Detroit area to be understanding and forgiving of minor issues. In fact, I have...

    5 lawyers agreed with this answer

  10. I own an S-corp and need to file chapter 7 bankruptcy in Maryland. Are my personal assets protected?

    Answered about 1 year ago.

    1. Dwayne M Farnsworth
    2. Omar Mahmoud Badr
    3. Michael Charles Doland
    4. Dorothy G Bunce
    4 lawyer answers

    If the S-Corp is filing a business Chapter 7, your personal assets will not be part of that bankruptcy case and the Trustee and creditors will not gain access to them. Note that even if the business bankruptcy causes the debts to be discharged, they will remain viable against you personally, if you guaranteed/cosigned on them for the business. If you are filing a personal Chapter 7, then your assets (including the assets and value of the business you own) will be subject to liquidation by...

    6 lawyers agreed with this answer

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