Archived
We are currently in a chapter 13 bankruptcy and we have been approved for a home modification forgiving the debt
Walter's answer
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Answered on September 11, 2012
Agreed -- talk to your lawyer. You now have a bunch more disposable income and a smaller amount of secured claims to pay. If you don't have a...
Archived
I have a judgement against me for a credit card owed...how can i proctect my home and car from being seized
Walter's answer
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Answered on September 11, 2012
The other answers are correct, but I would add this caution: do NOT attempt to place your assets out of reach from your creditors, such as by...
Archived
What am I suppose to say in a 'Written Answer" on a Judgement I've been served ..I have no idea how to respond to this?
Walter's answer
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Answered on September 10, 2012
Social Security benefits are exempt from the claims of most creditors under federal law, and banks are now supposed to know when your bank account...
Archived
For a CHP 7 BNKRTCY do I include my spouses income in the statement of finacial affairs if we are separated and I'm filing alone
Walter's answer
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Answered on September 10, 2012
I interpret the instructions for questions 1 and 2 on the SOFA as not requiring a non-filing spouse's income to be listed in c. 7.
Do I need to include my roommate's furniture under personal property on the "motion to claim exempt property?"
Walter's answer
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Answered on September 10, 2012
I tell me clients to tell me what THEY own, not what their spouse or roommate bought that they don't use and not what they bought for their kids....
Archived
When I file for bankruptcy it creates an automatic stay, so does every creditor need to request the lift of the stay?
Walter's answer
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Answered on September 09, 2012
Each creditor that wishes the stay lifted as to themselves has to file its own motion.
Archived
Why is the lein not closed?
Walter's answer
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Answered on September 09, 2012
While Code section 522(f) allows judicial liens to be avoided in bankruptcy, your attorney has to do something during the case (file a motion or an...
Archived
Filing for chapter 7. Healthy parents want to gift me a house when final. Can creditors come after the house after 7 is final?
Walter's answer
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Answered on September 09, 2012
Not unless your parent's promise is presently enforceable as a contract, which I very strongly doubt.
Archived
Is the decision for Chapter 7 lien strips being appealed? And if so, when is the appeal going to heard? Thank you.
Walter's answer
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Answered on September 09, 2012
Further to that, an "appeal" from a Circuit Court of Appeals is a thing of the past. Nowadays, one has to file a petition for discretionary review...
Archived
I had a Judgement against me approx 2.5 years ago. My wages were garnished once prior to filing a Chapter 13 Bankruptcy in MI.
Walter's answer
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Answered on September 09, 2012
That judgment has not been affected by your bankruptcy case because you haven't gotten a discharge yet. What Michigan law says about the life of a...
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