Archived
What is the difference betweeen a short sale and giving the bank the home if I am going to file for bankruptcy anyway?
Michael's answer
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Answered on May 29, 2014
In either situation, if you file a bankruptcy and receive a discharge, any deficiency will be discharged. In some short sales, the bank will waive...
Archived
I need help with a suit filed by Northern Leasing against my previous business
Michael's answer
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Answered on May 29, 2014
If the lawsuit was filed only against the former business and not against you personally two issues jump out at me.
First, and probably most...
Archived
No homestead exemption bankrutpcy how much cash can I exempt?
Michael's answer
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Answered on May 29, 2014
In New York, assuming you have lived in New York for the past two years (if not then your exemptions are determined by which state you lived in for...
Archived
Are late fees discharged in chapter 13?
Michael's answer
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Answered on May 23, 2014
I agree with all of the above analysis, however, I would add that no debts are discharged until after completion of the plan and all debts (secured...
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