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In Chap 7 bankruptcy, if I state I owe an unsecured creditor $300 when I owe them $500, does that mean $200 won't be discharged?
Sandra's answer
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Answered on August 09, 2014
So long as you have the creditor listed on your petition, you are all set. Don't lose sleep over it if your amount and their don't match.
Archived
Does time in a chapter 13 go against and irs debt to be discharged in a chapter 7?
Sandra's answer
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Answered on August 09, 2014
I agree with the other answers. The time that you were in your prior 13 would operate as a stay of the time period.
Archived
What impact does a chap 7 bankruptcy have on my business?
Sandra's answer
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Answered on August 09, 2014
It depends. I will depend upon the value of the business. If the business has value for which you cannot claim an exemption, the Trustee can then...
Archived
Chapter 7
Sandra's answer
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Answered on August 08, 2014
People sometimes take money out of their 401K plan t pay for their bankruptcy. You will need to note the payment on your budget. You will need to...
Archived
What should I expect in court?
Sandra's answer
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Answered on August 08, 2014
You can see my legal guide as to what happens at a 341 meeting.
Is a non-filing spouse's income included as part of the repayment plan in a Chapter 13 Bankruptcy?
Sandra's answer
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Answered on August 08, 2014
Yes, but so are her expenses. So it would be a good idea to map our all of her expenses and all of her income for your attorney to document on your...
Archived
I filed bankr 2014 chap7. my lawyer an i went to court the judgment was discharged in my favor. then got new bill for same debt
Sandra's answer
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Answered on August 08, 2014
Did you notify the creditor that you filed for bankruptcy and provide them with a discharge? I agree with the other answers. Most lawyers will not...
Archived
Can a home owned jointly by a couple be sold after chapter 7 bankruptcy? Mortgage was not included, debt was for only 1 spouse
Sandra's answer
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Answered on August 08, 2014
Discharged does not mean closed. If she properly listed the house and the mortgage debt and exempted out the equity and the case is discharged and...
Archived
If I file for bankruptcy, will the creditor be notified?
Sandra's answer
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Answered on August 08, 2014
If it is listed, then the creditor will be notified by the Court. If the creditor is not listed, but runs a credit check and sees that you filed,...
Archived
My wife is filing bankruptcy . As her husband do I have to disclose my bank accounts or in come?
Sandra's answer
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Answered on August 08, 2014
Even though you are not filing your income is important to list on the means test as well as on the budget in her case if the two of you are living...