Christina Latta Henry’s Answers

Christina Latta Henry

Seattle Chapter 13 Bankruptcy Attorney.

Contributor Level 7
  1. Personal bankruptcy while owning 50% of a business.

    Answered 11 months ago.

    1. Dallas William Jolley Jr
    2. Dwayne M Farnsworth
    3. Diane L Gruber
    4. Matthew Scott Berkus
    5. Christina Latta Henry
    6. ···
    6 lawyer answers

    You raise several issues here that are unanswered by the question. 1) Do you have more than 50% total business debt? If so, you may qualify for a business Chapter 7 bankruptcy as opposed to a Chapter 7 consumer bankruptcy - which, depending on your household income, may be to your advantage, 2) Is your partner planning to continue the DJ company and keep paying on the equipment? Are you still remaining a full 50% partner in the DJ Company? Is the company incorporated or is is a partnership...

    5 lawyers agreed with this answer

  2. Can Sallie Mae take a lien against a mortgage we hold.

    Answered about 2 years ago.

    1. Christina Latta Henry
    2. Dorothy G Bunce
    2 lawyer answers

    If you are resigning to let your son's Sallie Mae private loans go into default its my guess that the balance and monthly payment must be unmanageable for your son and probably too high for you and your husband to take over for him. To answer your question, I Sallie Mae could pursue a lawsuit after default and obtain judgment against your son, your husband, and the marital community. Then this judgment could be recorded as a lien against the apartment building, but it will sit behind any...

    3 lawyers agreed with this answer

  3. Law firm garnished bank account, under WA debtor creditor law should i have been served or given notice

    Answered almost 6 years ago.

    1. Christina Latta Henry
    1 lawyer answer

    They do have the ability to garnish wages and from your bank accounts... How much do you owe total? If you owe much more, they may continue to garnish and it will never. It sounds like you are being forced into a bankruptcy.

    1 lawyer agreed with this answer

    2 people marked this answer as helpful

  4. Under WA state or federal law can a creditor garnish social security income

    Answered almost 6 years ago.

    1. Christina Latta Henry
    2. E. Alexandra Golden
    2 lawyer answers

    If her only income comes from social security and a retirement account she is judgment proof and those funds are exempt. Have you talked to the bank about the garnishment? Have you received an Exemption form from the bank? These funds should be returned to you. Christina Latta, Seattle Debt Law, LLC 206-324-6677

    1 lawyer agreed with this answer

    1 person marked this answer as helpful

  5. Should I file chapter 13?

    Answered about 2 years ago.

    1. Christina Latta Henry
    2. Dorothy G Bunce
    3. Gregory J. Jalbert
    3 lawyer answers

    From your post it seems that you are trying to avoid bankruptcy or you would not be struggling with all this pressure from the IRS, garnishments and so forth. Without more information it is hard to give you the advice you want. If you are avoiding bankruptcy because of the credit implications a bankruptcy might cause you, you may be surprised to learn that pursuing the path you have chosen may actually be worse for your credit than a bankruptcy. As a rule of thumb, if it takes you more than...

    1 lawyer agreed with this answer

  6. Adding debts and getting married before chapter 13 is discharged.

    Answered about 3 years ago.

    1. Roger Jay Sharp
    2. Christina Latta Henry
    3. Stephen M Trezza
    4. Michael John Primus
    4 lawyer answers

    If you are certain that you will incur new debt from the medical procedure, you don't want to complete your chapter 13 and get a discharge. You would be better off dismissing and re-filing if that is possible, however, getting married may put you in a new income bracket that may make bankruptcy more difficult. Since you are already in a Chapter 13, ask your current attorney for some help. Your situation should be analyzed in detail before the appropriate advice can be given.

    1 lawyer agreed with this answer

  7. MERS Mortgages Can't Be Foreclosed - Federal Judge Rules...What about in Washington State?

    Answered about 3 years ago.

    1. Timothy M. B. Farrell
    2. Elizabeth Rankin Powell
    3. Christina Latta Henry
    3 lawyer answers

    In WA state the MERS issues is sitll in flux. However, Judge Coughenour ( a federal judge in the District Court) recently certified a question on MERS to the State supreme court. A link to the case is below to see the status of what judges are thinking about MERS in this state. http://stopforeclosurefraud.com/2011/03/22/wa-state-judge-puts-hold-on-sj-so-called-beneficiaries-like-mers-pending-consumer-protection-act-outcome-bain-v-onewest/

    1 person marked this answer as helpful

  8. Behind On Hoa, Lien Place.....

    Answered about 3 years ago.

    1. Elizabeth Rankin Powell
    2. Christina Latta Henry
    2 lawyer answers

    HOA dues are big problem the laws in WA state are pro condo board. What this means is that Bankruptcy may or may not solve your issues with the HOA. In a foreclosure, if the 1st mortgage lender forecloses the HOA will get a 6 month payment of HOA dues above the mortgage - but you are responsible for all the remaining HOA dues if there is more than a 6 month delinquency. If you file bankruptcy after the foreclosure, the HOA dues will be discharged. The tricky situation is where you file...

  9. What are the implications of having a creditor report 'account paid in full for less than the full balance' to the credit bureau

    Answered about 3 years ago.

    1. Christina Latta Henry
    2. Dorothy G Bunce
    2 lawyer answers

    Paying off your second mortgage will affect your credit report. As the prior attorney said, the actual credit hit is unknown but the mark will be on your credit report for 7 years from the date of the settlement. The good thing is that there will not be any future negative credit marks concerning this debt. Right now, every month that goes by without payment is generating a negative mark on your credit. Also, under Washington law, you would be looking over your shoulder for 6 years from the...

  10. Help! Creditors are coming after me for debt my ex-husband incurred in my name!

    Answered about 3 years ago.

    1. Christina Latta Henry
    2. Stephen M Trezza
    3. Barbie Dawn Lieber
    3 lawyer answers

    This is the worst kind of debt. Washington is a community property state which means that debt is community debt. Even if the state court awarded him the debt in a divorce, since the cards are still open in your name, the credit cards will look to you to pay. You may have a claim to sue him in state court to enforce the divorce decree and argue that he made the charges after the divorce, etc.. but as long as your name is still on the credit cards, the credit card companies will hold you...