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Ryan Cullen Wood

Ryan Wood’s Answers

133 total


  • If I am the only spouse filing chap. 7, do I include all my families household expenses on schedule j?

    Such as the full amount of groceries, gas, etc.

    Ryan’s Answer

    Yes. You are one household given you are married. You need to list all your income and all of your expenses.

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  • Filing chapter 13.Have only 2 unsecured debts (credit card & line of credit). Can I object claims based onstatute of limitations

    Only debt I have is credit card and line of credit. (Line of credit is the only one pursuing me legally) I do not have any tax or other debts. Just these two. Haven't paid (or spoken or negotiated) in over 3 years. I would rather file 13 then obj...

    Ryan’s Answer

    I would be nice to know how much you owe on the one credit card and the one line of credit. If you file a chapter 13 and object to both debts and win what was the point in filing the bankruptcy to begin with? Just wait until they sue you, if the sue you, and then raise that the statute of limitations is over. You need to know what the statute of limitations is first of course in your state. It does not sound like filing bankruptcy will achieve the result you want.

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  • What are the steps in appealing your bankruptcy decision?

    Wondering what are the steps in appealing your bankruptcy decision and legal fees associated in the state of New Jersey?

    Ryan’s Answer

    If you want to appeal a order by the court or judgment you need to find an attorney that does appeals. Most bankruptcy attorneys do not generally handle appeals.

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  • What is the average cost to hire a lawyer to file bankruptcy for credit card debt? I own nothing and I have no assets

    I'm a single mom and only bring home about 290.00 per week

    Ryan’s Answer

    It depends upon where you live. Talk to at least three bankruptcy attorneys and the cheapest, $750, may not be the best choice. You want someone to do their best for you. You do not want someone doing as little as possible because you paid them as little as possible. Find a good experienced bankruptcy attorney and pay them a reasonable amount for their time.

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  • I owe unemployment money for a over payment which I didn't get, it has been a few years and now they have garnished my wages.

    I want to appeal it, is it to late, My name is Thomas

    Ryan’s Answer

    Yes, the appeals process is most likely over given they are garnishing your wages already. At some point they sent you a letter regarding the appeals process. Once you do not respond they will usually enter the ruling with the California Superior Court and then enforce the judgment by garnishing your wages. You can still file bankruptcy, stop the garnishment and discharge your personal liability. The EDD does have the right to recoup the over payment from future benefits though. Your results from bankruptcy can vary depending upon your income, expenses and assets.

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  • Hw do I get rid f a judgement.

    cant repay the asking amount

    Ryan’s Answer

    Make payments so they do not seek collection via wage garnishment; Settle for lump sum cash payment; discharge it via bankruptcy (if eligible); do nothing and wait and see what they do with the judgment and eventually the judgment will have to be renewed; if judgment not renewed it is gone forever.

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  • Sallie Mae loans are now Navient loans. I have a loan. What does this mean to me?

    Does Navient now own my loan?

    Ryan’s Answer

    it means you still owe the student loans and hopefully you can afford to continue to make the payments. If not check out Income Based Repayment.

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  • How can I get the right information to collect from my judgement

    I was granted my money far as them put a judgement out on her but still cant seem to been able to collect my money

    Ryan’s Answer

    Usually there is a procedure to examine the judgment debtor and make them disclose where they work, their bank accounts and other assets to help you enforce the judgment.

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  • Chapter 13 Bankruptcy: I have a car loan that I am $20,000 underwater in. What happens if I decide to surrender the car?

    I am considering filing Chapter 13 to consolidate my debts to an easy monthly payment. I am choking every month on the amount of debt I currently have between student loans, car loans, credit cards, a stipulated judgement my wife has and other deb...

    Ryan’s Answer

    In a Chapter 13 if you purchased the car 910 days prior to filing you can pay the fair market value of the vehicle in the Chapter 13 Plan, not what is owed on the loan at the time of filing. If you do not surrender the vehicle and reorganize the vehicle loan in the chapter 13 plan you may obtain a significant savings. The creditor will file a proof of claim for the amount owed and depending upon the procedure in your jurisdiction you may have to file a motion to value the vehicle to determine the amount to be paid in the chapter 13 plan for the vehicle. The creditor's claim will be treated a secured up the value of the vehicle and the remainder or unsecured portion treated as an unsecured claim. When surrendering the vehicle you need to read the language of the model chapter 13 plan in your jurisdiction. Usually the plan will say the surrender of the collateral (car) will satisfy the creditors claim in full.

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  • Judgment, plaintiff hiding.

    Judgment in hand against plaintiff who closed his business just before the judgment. I just found out the plantiff has a new business with a different name (fictions name that has his last name) however the owner of it is his brother in law. This ...

    Ryan’s Answer

    Basically what you are saying is the new business is the alter ego of the old business. If true you can go after the alter ego business for collection. You will have to spend some more time and money to prove the new business is the alter ego and have the court more or less enter a judgment against the alter ego business.

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