Can I reaffirm my mortgage after a chapter 7 discharge, even if the mtg was included in the ch 7?

At this stage, it would be called a novation agreement. A new mortgage, rather than reaffirming the old. It is a new contract, and you would be...

There is a 7 year statute of limitations in Maine (after the last payment was received or account charged off). If you bought it here and they sue...

My spouse & I are unemployed & will file for bankruptcy soon. How much can I safely take from my 401K for living/legal expenses?

You can take as much as you want out prior to filing a bankruptcy, but there are tax consequences and you can protect up to $1,000,000 in a...

I am filing Chapter 7, I co-signed a loan for my son, he is the primary on the loan though. Will he loose the car b/c of my bk?

As long as your son makes the payments, he should be fine. Alternatively, you can "reaffirm" the Debt. You could tell your attorney you want to...

Is it possible to owe too much debt? My business has failed and I had personally guaranteed most of my debt.

The eligibility thressholds for chapter 13 are right around $350,000 in unsecured debt and $1,050,000 in secured debts. Reorganizations above these...

Chapter 11 debtor/Tenant's post assumption default on a lease, can landlord pursue unpaid rent?

Landlord can pursue tenant but only after receiving relief from the automatic stay. Landlord should file a Motion for Relief from Stay.

I have two properties, one in Maine and one in NH. Does the BK court take the non-exempt home or can I reaffirm in Ch 13? 7?

In Chapter 13, you can keep any real or personal property you want to keep, so long as you repay the value of any equity above and beyond any...

How long does a Ch 13 Bankruptcy take to file?

Is your lawyer located in Auburn? Typically, I can schedule a signing with a client 4 business days after receiving: 1) retainer; 2) 6 months of...

If I already have a judgement against me...how to I add then to the creditor matrix for the bankruptcy CH7

You can contact the court, or you can simply google the company name. If they have already filed the judgment in the registry of deeds, you might...

These are nonexempt assets, but you can take a $400 wildcard exemption in Maine. Additionally if the snowmobiles aren't worth more than maybe $250...