Archived
I have a small corporation. Can I declare bankruptcy on it without also declaring personal
bankruptcy?
Walter's answer
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Answered on May 20, 2012
The answer is that you CAN, but there's often no point unless the corporation owes trust-fund taxes (withholding, sales-tax, etc.) for which you...
Archived
Chapter 13 and Relief from Automatic Stay
Walter's answer
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Answered on May 20, 2012
They CAN move for relief any time they want to. Where I practice, they will if the debtor misses more than a few post-petition payments. Even when...
Archived
House not reaffirmed in bankruptcy.
Walter's answer
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Answered on May 20, 2012
Lenders often agree to modifications even when the debt was not reaffirmed in a previous chapter 7. You're not hiding anything, and they're not...
Archived
Chapter 13 and the Relief from Automatic Stay
Walter's answer
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Answered on May 20, 2012
They file a motion. If the court allows the motion, the stay is lifted. I suggest that you not ask completely theoretical questions, either here or...
Archived
Chapter 7 did not reaffirm.If I apply with HAMP or renegotiate with my lender am I in danger of losing my house?
Walter's answer
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Answered on May 20, 2012
You really need to consult an attorney in CA who understands the loan modification process. I hate to say this, but it can be hard to find someone...
Archived
Can you cancelled your bankruptcy petition? Is this possible to do so?
Walter's answer
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Answered on May 20, 2012
In general, motions to dismiss chapter 7 cases are allowed only if dismissal is in the best interest of creditors. That generally means that there...
Archived
Would I enter a tax lien on chapter 7 form schedule A separate from my residence?
Walter's answer
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Answered on May 19, 2012
You are STILL making a terrible mistake filing bankrutpcy without an attorney when your home is at risk due to tax liens.
Archived
Im filling out chapter 7 forms and wonder if I list a tax lien on schedule D and E if the lien is not secured by my home?
Walter's answer
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Answered on May 19, 2012
You are making a terrible mistake filing bankruptcy without an attorney if you owe taxes and have a tax lien. That decision could cost you...
Is best buy credit card a secured creditor on a chapter 7
Walter's answer
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Answered on May 19, 2012
One issue at a time, please. Most of us ignore demands from Bass & Associates, which often sends letters during chapter 7 cases asserting that Best...
Archived
CAN MY CREDIT UNION FORECLOSE ON MY CONDO AFTER FILING CHAP 7 EVEN THOUGH I'M CURRENT ON PAYMENTS?
Walter's answer
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Answered on May 19, 2012
Perhaps you're SHOUTING because you've worked yourself into a frenzy. (a) You should have retained a lawyer to help you file bankruptcy, and you...
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