Can I still draw off the principal of a HELOC of an exempt property after filing a chapter 7 bankruptcy?
Sandra's answer
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Answered on July 11, 2014
The lender will likely turn off your credit line once you file. Do not plan on being able to use your credit line.
Archived
Is an AP summons on a BK7 valid if it was filed after the stated Objection deadline on Form 9A?
Sandra's answer
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Answered on July 11, 2014
You have to look at the date the complaint was filed not the summons date. The complaint generally gets filed and then the Court issues a summons....
Archived
If my husband and I do a Consent to Judgement on our home after a chpt 7. Can the bank send us a 1099 ?
Sandra's answer
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Answered on July 11, 2014
You would not pay taxes on discharged debt from your bankruptcy. If you want to do a consent to judgment, make sure you have experienced counsel...
Archived
What is the website I need to go to to start my credit counseling that I am required to do that costs $20?
Sandra's answer
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Answered on July 11, 2014
You can also try:CC Advising
www.ccadvising.com
$9.76 per person
Archived
Alimony and Child Support in Bankruptcy
Sandra's answer
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Answered on July 11, 2014
Child support and alimony are not discharged through a bankruptcy.
Archived
Should i file bankrupt because i am 20,000 in debt old bills student loan hospital bill title loan
Sandra's answer
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Answered on July 11, 2014
You should schedule an appointment with experienced bankruptcy counsel in your area to review your entire financial picture to determine the best...
Archived
Can we apply now for a Secured Credit Card and file bankruptcy in about 4 - 6 months. We want to have a $ 1,000.00 or less card.
Sandra's answer
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Answered on July 10, 2014
You ought to wait until your bankruptcy is done to obtain a secured card. If you owe money on it at the time of your filing, you would need to list...
Just realized I forgot to list a bank account that I don't use on my bankruptcy that was signed to be filed today.
Sandra's answer
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Answered on July 10, 2014
Call your attorney and let him/her know. If it is already filed, you can file an amendment to your schedules.
Can I rent my home that was discharged in a chapter 7 bankruptcy and keep the income?
Sandra's answer
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Answered on July 10, 2014
If your case is discharged and closed, you can rent it out and keep the rent until it forecloses.
Archived
Which statute of limitations applies and what is the effect on a lawsuit? Should I request validation again?
Sandra's answer
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Answered on July 10, 2014
The judge will apply the law that governs under the promissory note. The promissory note should indicate that what law is applied in the event of a...
