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Aunt has terminal cancer & high debt. Just months to live. Plans to file bankruptcy ASAP. Can she gift assets now B4 she dies?
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Answered on September 03, 2013
We need more information, most notably who are your aunt's creditors? If it is Medicare, then you need an estate planning attorney who knows about...
Archived
I had a home in foreclosure in 2008 with a home equity loan on it from my credit union.I was unable to convince the credit union
Herbert's answer
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Answered on August 28, 2013
Foreclosure does not discharge liability. As the property burnt down, I assume the Credit Union did not get a penny. As they did not get paid, they...
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Do I need to file for bankruptcy?
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Answered on August 20, 2013
You may want to explore if you have any assets or cash that can be reached by creditors. If not, you may want to let them proceed so you can get to...
Archived
Can I file an injunction in superior court (Western Mass) Mortgage company broke into my house smashed out a window and locked .
Herbert's answer
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Answered on August 15, 2013
You need to spend more time thinking things through to have any likelihood of success. First of all, how can you prove the bank did the improper...
Archived
Bankruptcy overstated income can I go to jail???
Herbert's answer
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Answered on August 14, 2013
We do not have enough information to answer your question. Details are key. If you overstated your income on a one page form by $10 to get a $100...
Will the bank reimburse us the escrow they have been holding after the chapter 13 is finalized?
Herbert's answer
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Answered on August 14, 2013
Your question is so good that I do not think you have the full picture. The overage is likely to be applied somewhere. If you can not get an answer...
Archived
I have serious credit card debt and cannot pay it back. What can I do about it?
Herbert's answer
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Answered on August 12, 2013
Helping someone get a fresh start in a situation like yours is what bankruptcy is all about. There may be facts unique to you that prevent you from...
Archived
If the owner owes back money on a mortgage of the property i rent and a dispute of ownership is in place should i pay or bank $
Herbert's answer
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Answered on August 08, 2013
There are two issues. One is if the landlord has an obligation to be current on the mortgage. The answer to that is no. You could try to challenge...
Archived
Student loan default and choosing bankruptcy
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Answered on August 06, 2013
You can file bankruptcy. You can file a Chapter 13 which will allow you to put off the student loans for a few years and cure the car arrears over...
Archived
What are my father's legal rights as a cosigner of a federal student loan for my nephew who is not paying on the loan?
Herbert's answer
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Answered on August 04, 2013
Your father may be able to work out a payment plan with Sallie Mae. Also, Sallie Mae may not know that your nephew is working. Your father may have...