Archived
If I am an authorized user on a credit card, can I file for bankruptcy? And will this affect the primary card holder?
Robert's answer
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Answered on November 21, 2009
The debts that you transferred to your parents are no longer legally your responsibility, so these debts will not discharge in your bankruptcy....
Archived
I am 50,000 or more in debt withe creditors like cars, medical bills what chapter should i file to get a clean record and not
Robert's answer
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Answered on November 21, 2009
If by “clean record” you are referring to a credit report without any indication of past problems. Then the answer is that there I no chapter to...
Archived
Why is my chapter 13 payment $2600 per month if my husband makes $2900
Robert's answer
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Answered on November 21, 2009
There are a lot of reasons that a payment can change during the bankruptcy, of the more common, your income changed and you did not put enough...
Archived
Is the decision of the judge in the bankruptcy court considered the final word to be respected by all involved?
Robert's answer
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Answered on November 21, 2009
It takes several months after the motion for relief from stay is granted for your creditor to actually complete a foreclosure sale. During this...
Archived
Bankruptcy - Does a real estate agent qualify for the "tools of the trade" exemption?
Robert's answer
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Answered on November 21, 2009
This is very similar to a question I recently answered.
The trustee may object to the exemption. If his happens you can respond to the...
Archived
401(k) loans and bankruptcy
Robert's answer
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Answered on November 21, 2009
You can keep repaying these through and post bankruptcy.
Good luck.
Robert Kovacs
Archived
How many years can the bankruptcy court take income tax refunds?
Robert's answer
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Answered on November 21, 2009
If you are/were in chapter 7 bankruptcy the reason that you turned over last years tax return was because it was not exempted in your bankruptcy...
Archived
Bankruptcy - "Tools of the Trade" exemptions. (Virginia)
Robert's answer
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Answered on November 21, 2009
If you did use that exemption for a car then I think it likely that the case trustee would object to the exemption. You would then have an...
Archived
I dont' want to file for bankruptcy because I don't want New Jersey to know I have property in Europe.
Robert's answer
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Answered on November 21, 2009
If you are trying to avoid bankruptcy you could call your creditor or its lawyers and try to work out a payment plan to avoid the...
Archived
If I have multiple properties facing foreclosure, when should I file ch 7 bankruptcy to avoid foreclosure judgments on my credit
Robert's answer
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Answered on November 21, 2009
The foreclosure will be reported on credit report regardless of when your case is filed.
Good luck.
Robert Kovacs
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