Craig William Andresen’s Answers

Craig William Andresen

Bloomington Bankruptcy Attorney.

Contributor Level 3
  1. Can you use a credit card to pay for legal fees when filing bankruptcy

    Answered about 1 month ago.

    1. Becky A Moshier
    2. Craig William Andresen
    3. Brian Christopher Fetzko
    4. Rachel Therese Schromen
    5. Shelley Ann Elder
    6. ···
    8 lawyer answers

    Section 526(a)(4) of the bankruptcy code states that a lawyer may not advise a client to incur a debt in order to pay the lawyer's fees for the bankruptcy. Also, charges on a credit card incurred just prior to the bankruptcy might be found to be non-dischargeable. This is why a lawyer won't let you charge the bankruptcy attorney fees on your own credit card.

    4 lawyers agreed with this answer

  2. Is There Derogatory Impact on Student Loan Cosigner when Borrower Files Bankruptcy?

    Answered about 1 month ago.

    1. Craig William Andresen
    2. Shelley Ann Elder
    3. Nathan D McKinney
    4. Sandra A Kuhn Esq.
    5. Richard D. Granvold
    6. ···
    6 lawyer answers

    Once your sister cosigned your student loan, she and you became equally responsible for payment of the student loan. Therefore, your bankruptcy filing cannot shift the obligation over to her, because she was already equally obligated with you to make payments. Of course, if you make the payments, she will never have to make them herself, and if you pay on time, her credit report will never say that the student loan was in default. All of these things are true whether or not you file for...

    3 lawyers agreed with this answer

    1 person marked this answer as helpful

  3. I need help to do an application for discharge of judgment

    Answered 12 days ago.

    1. Jesse Anthony Horoshak
    2. Craig William Andresen
    3. Paul H. Weig
    4. Richard J Pearson
    5. Shelley Ann Elder
    5 lawyer answers

    The lawyer who represented you in your bankruptcy will know how to obtain the discharge of the judgment. He or she may even be able to persuade the lawyer for the judgment creditor to do this by agreement. For me, that works about half the time. Getting the judgment discharged is only difficult if you try to do it without a lawyer.

    3 lawyers agreed with this answer

  4. How do I tell if a law office is legit and will really help me deal with my bank to get a real loan modification?

    Answered 13 days ago.

    1. Craig William Andresen
    2. Michael James Wang
    3. Kim Christian DSouza
    3 lawyer answers

    The mortgage modification business is occupied almost solely by scam artists who have no brick-and-mortar office in which to meet with customers or clients. If you were solicited by telephone by a law firm offering mortgage modification services, you probably are being scammed. Rule 7.3 of the ethics rules makes telephone solicitation of potential clients unethical in every state. You are better off contacting a lawyer (probably a bankruptcy lawyer) near you, that can meet with in a...

    1 lawyer agreed with this answer

  5. Can a student loan lender confiscate your building lot, if they have a judgement against you in the state of Minnesota.

    Answered about 1 month ago.

    1. Paul H. Weig
    2. Craig William Andresen
    3. Maury Devereau Beaulier
    4. Shelley Ann Elder
    4 lawyer answers

    Under Minnesota law, Minn. Stat. sec. 510.01, the land that you own and occupy is exempt from a judgment creditor. Because your son is not occupying the property, it can be seized to pay the debt.

    1 lawyer agreed with this answer

  6. Once the bank has sent the file to the foreclosure attorney, how soon is a sale date set?

    Answered about 2 months ago.

    1. Craig William Andresen
    2. Timothy Casey Theisen
    3. Michael James Wang
    3 lawyer answers

    The foreclosure sale will be scheduled only after the mortgage company's lawyer gives you thirty days to ask for verification of the debt. After that, their lawyer schedules an advertisement to run in your county's legal newspaper. The ad must run for six weeks before the sheriff's foreclosure sale date. Your mortgage company's lawyer may be unusually busy, or any number of other reasons could be causing the lawyer to hold off on scheduling a foreclosure sale.

    1 lawyer agreed with this answer

  7. Home loan and equity loan through same bank . Balloon payment due in 2021 on equity loan .Went bankrupt in 2006.

    Answered 29 days ago.

    1. Michael James Wang
    2. Michael J Corbin
    3. Craig William Andresen
    4. Jeremy S. Davidson
    5. Dane L Hines
    5 lawyer answers

    Whether you reaffirmed on the home equity loan or not, they can foreclose if you don't pay the balloon payment. However, a chapter 13 filing would give you five extra years to pay the balloon, or it could even allow you to strip off the equity loan, if the home is worth less than the balance owed on the first mortgage.

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952-831-1995