Legal Advice for Secured Debt — 10 results
Written by attorney Christopher Migliaccio, about 2 years ago.
How your debts are taken care of in the Chapter 7 bankruptcy process depends on whether you have secured debt or unsecured debt. A Richardson, Texas, Chapter 7 bankruptcy lawyer can explain... more
Written by attorney Kevin Cortright, over 4 years ago.
A secured debt is usually an item like a car or a home, but it can be other items like jewelery or furniture. These items can be secured by a loan that you obtained to purchase them, or a... more
Written by attorney Robert A. Wolle, 11 months ago.
Some creditors are secured. These creditors may have the right to take specific assets and resell them, if the loans are not paid on time. For instance, a lender may have... more
Written by attorney Jason Treguboff, almost 4 years ago.
Section 506(a) and 506(d) of the Bankruptcy Code states that a lien is only
secured to the extent there is value in the collateral to which the lien
attaches. To the extent that the lien... more
Written by attorney John M McKindles, over 4 years ago.
Secured Assets: Debt Negotiation and Judgment Protection
Personal Economic Recovery, Part 1: A Look at Debt... more
Written by attorney Brian Lerner, about 4 years ago.
Debtor required to pay off value of stripped secured lien over life
of plan: Where the debtor strips down (as opposed to stripping
offi.e., entirely removing) a lien under 506(a), the... more
Written by attorney Andrew Myers, about 4 years ago.
Underfederal law, social security benefits are exempt from attachment or garnishment. Social security is intended to help those who need the benefit and such funds are protected.This is not... more
Written by attorney Kevin C. Johnson, over 4 years ago.
You have probably heard the terms "Unsecured" and "Secured" debt come up many times in your search about bankruptcy and probably wondered what those terms mean. You are not alone, as many... more
Written by attorney Steven A. Harms, over 3 years ago.
It has always been improper to take anyones SS or SSI or similar benefit from a bank or credit union pursuant to a garnishment...the change you may be hearing about, which supposedly took... more
Written by attorney Stuart Steingraber, over 4 years ago.
Did you know that debtors owing more on their home than it is worth can remove the second mortgage lien on their home held by a creditor? For example, assume you own your home currently... more