Hi: The rule of thumb is that after 3 months of missed payments, a bank would start a foreclosure here in Connecticut. However, that 'rule of...

Is a 401k protected in CT against bankruptcy or will it be used to offset debts or be forced to liquidate to pay creditors?

A valid 401K Plan is totally exempt from creditors under 11 USC 522(d)(12) of the Bankruptcy Code. There is no dollar limit to the exemption....

Hi: 'Home Equity Loans' are really a euphemsim used by banks instead of using the 'SM' words of 'Second Mortgage' which most consumers are...

Hi: Let's assume that you haven't reaffirmed on your mortgage and you have received your Discharge Notice. The underlying promissory note on the...

Can someone tell me if you can file bankruptcy on student loans?

I discovered that what I previous had written was not sent to Avvo. So I'll summarize. Chapter 7 and Chapter 13 really can't help you. If...

Can someone tell me if you can file bankruptcy on student loans?

Hi: I was writing to you about student loans and then I accidentally clicked a button and perhaps what I wrote got posted and maybe it didn't....

Hi: If someone should die within 6 months after your filing a bankruptcy petition, any potential inheritance becomes an asset of the bankruptcy...

Is there anything I could or should do

Hi: Based on the information you have given, there is no basis to sue them. And due to perhaps some typo error, what you wrote can't be...

Hi: Student loans in bankruptcy are very difficult, if not impossible, to discharge. As a 'practical matter', student loans almost impossible to...

Loan discharged in Chapter 7 Bankruptcy, lender continues collection efforts despite the discharge

Hi: As the other attorneys have pointed out, the personal liability for a 'home equity loan' which is really a 'mortgage' but the banks don't want...