Archived
What is the best option for a 27 year old on limited income in regards to bankruptcy due to a $20,000 car?
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Answered on September 15, 2017
A chapter 13 filing let's you keep the car if you can pay the total current debt in equal monthly payments over five years. There's a question if...
Archived
Can I have my ex girlfriend sign for a short sale without any consequence after filing chapter 7 with a discharge of 6 years ago
L's answer
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Answered on September 14, 2017
Your facts are not commercially reasonable. If you are on the deed but not the mortgage, then the lender cannot foreclose on your interest in the...
If I file chapter 7 will I have to give the trustee proceeds from sale or is it protected?
L's answer
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Answered on June 08, 2017
No, if the sale is after the bankruptcy case is closed.
Chapter 7: I do anticipate increase in income
L's answer
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Answered on June 04, 2017
Anticipation - it's a song, not a bankruptcy concept. No affect on chapter 7.
Archived
Advice about arranging payment plan with debt collection law firm?
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Answered on June 03, 2017
Offer nothing. $2500 bank account, $7500 car protected from seizure. Wage attachment even against regular employer still must leave you with...
Archived
Can I be transfered a mortgage from a delerict homeowner if I pay the monthly mortgage?
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Answered on June 01, 2017
Thanks for providing me with enough information to answer your question. I obviously disagree with the previous responder on this.
Let me first...
If I owe 40,000 and I file for chapter 13 bankruptcy approx. what would my monthly payment be?
L's answer
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Answered on May 28, 2017
Not possible to answer. What kind of debt - credit cards, recent taxes, or mortgage arrears? What's your gross income? Your spouse's income after...
Archived
Should my name be on the mortgage?
L's answer
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Answered on May 08, 2017
In all likelihood, you are mistaken. You are on the deed and the mortgage but not on the promissory note. This is a very common misunderstanding....
Filing bankruptcy on an S Corp
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Answered on March 15, 2017
A credit report will not necessarily tell you about personally guaranteed corporate debts because those reports are limited to consumer...
Archived
Can the Trustee take our 2016 tax returns after filing?
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Answered on February 16, 2017
I've got to think that your question was inspired by something that the trustee said, which you left out. It would be nice to have the whole...
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