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My dad put me on as an authorized user on one of his cards. Now he can't pay the bill. can they come after me?
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Answered on February 26, 2013
You can only be held responsible for the debt if the account was taken out in your name and under your social security number. If you are just an...
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1.Do I have to prove at the court my monthly expenses,like rent,or the maximum allowed deductions apply for everyone in BK?
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Answered on February 25, 2013
Yes, for means test purposes you are allowed to take the maximum deduction permitted for your household size, even if your rent payment is actually...
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Filing Taxes and Bankruptcy
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Answered on February 23, 2013
It doesn't matter when you actually file the return, if you are filing a petition in 2013 any tax owed for 2012 will be a pre-petition debt. Thus,...
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If you try to dispute a judgment on a credit card debt and the statute of limitations is 6 years :
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Answered on February 22, 2013
It means that the credit card company must institute the law suit within 6 years of the non-payment of the debt. Thus, you can file a motion to...
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When an attorney negotiates a debt settlement, does it need to be paid immediately in full?
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Answered on February 22, 2013
My experience with settling debts with creditors is that the biggest discount we can get for clients is when we can offer a lump sum up front in...
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How much can I be hurt by his actions? Stopped paying mortgage, credit cards, Divorce states for him to refi to remove my name?
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Answered on February 21, 2013
Removing your name from the Deed only removed your ownership interest in the property, it did not relieve your personal financial obligation to the...
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IF A JUDGMENT IS FILED AGAINST ME TO TAKE MY INCOME TAX OUT OF MY BANK ACCOUNT CAN I GET IT BACK IF BANKRUPTCY IS FILED DAYS
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Answered on February 20, 2013
Generally speaking, if the levy has just been placed on your bank account the money is still at your bank, the creditor has to file a motion with...
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Is there a law or rule which says that a debt assumed after the debtor filed a capt . 13 & never listed is still valid ?
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Answered on February 20, 2013
I agree with the prior answers. The Bankruptcy Code section relating to dischargeable debts is 11 U.S.C. 1328. Also, if the Debt was incurred...
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I filed a chapter 7 bankruptcy in 2007. Can I file again this soon?
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Answered on February 20, 2013
If you received your discharge of the credit card debt in your prior bankruptcy and that creditor is now suing you post-discharge, that creditor is...
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Bankruptcy or foreclosure
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Answered on February 19, 2013
Whether you move out or file a bankruptcy the timing of when a foreclsoure will be filed is up to the bank. It used to be that once you missed two...