Archived
Does Ch 7 Bankruptcy discharge remove the debtor from the Deed/Title if there is a Co-Debtor who does not file Bankruptcy?
Sandra's answer
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Answered on June 24, 2014
The bankruptcy wiped out the Debtor's obligation to pay the mortgage, but did not remove him/her from the Deed.
Who was responsible for the loan...
Archived
Filing chapter 7. should I pay off my unsecured debt so trustee will not force me into a chapter 13?
Sandra's answer
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Answered on June 24, 2014
You really need to meet with experienced bankruptcy counsel in your area as to your complete financial picture including your income, expenses,...
Archived
Who is Liable for medical bills if I am covered under my wife's health insurance?
Sandra's answer
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Answered on June 24, 2014
In some jurisdictions both of you are responsible for the bill since you were married when it was incurred. You need to look to see where the...
Archived
Could my tenants lose their escrow security deposit if I file bankruptcy?
Sandra's answer
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Answered on June 23, 2014
The money would appear to belong to the tenant until some future event occurs. You would need to disclose it as such on the SOFA as property held...
Archived
Can bankruptcy save you from a foreign student loan?
Sandra's answer
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Answered on June 23, 2014
The bankruptcy code does not distinguish between loans obtained in the US vs. loans obtained in Sweden. The student loans would not be discharged...
Archived
Am I allowed to start an LLC business during a chapter 13?
Sandra's answer
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Answered on June 23, 2014
I agree with the other answer. You should communicate with your attorney. The court may want to know how the funds came to be for your investment...
About how long after discharge for chapter 7 does it take the court "close" the bankrupcy case?
Sandra's answer
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Answered on June 23, 2014
You need for the case to be closed. The closing order typically comes out a couple of days after the discharge issues. You can however call the...
Archived
Is it possible to file bankruptcy without a lawyer?
Sandra's answer
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Answered on June 23, 2014
Anything is possible. But it isn't a good idea to represent yourself. There are consequences if you do not understand the law. It would be a good...
Archived
We are in foreclosure the balance on the loan is only 11,616.00 what can we do?
Sandra's answer
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Answered on June 23, 2014
You may want to file an emergency Chapter 13 bankruptcy to stop the foreclosure. You need to move fast on this. Please call an attorney as soon as...
Archived
What do I do when a tenant files bankruptcy while I'm trying to evict them?
Sandra's answer
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Answered on June 23, 2014
Your best bet would be to see if the Debtor actually filed and then file a Motion for Relief from Stay if the stay is still in effect. I agree with...