Am I liable for mortgages discharged in bankruptcy?
Your liability with regard to paying the mortgages has been discharged with your bankruptcy. As such, you can walk away from the house at anytime...
New York, NY
Chapter 7 bankruptcy Lawyer at New York, NY
Practice Areas: Chapter 7 Bankruptcy, Chapter 13 Bankruptcy, Chapter 11 Bankruptcy
Your liability with regard to paying the mortgages has been discharged with your bankruptcy. As such, you can walk away from the house at anytime...
Do you know if there is equity in the property? and if there is equity is it exempt? In a ch 7 BK, non-exempt property belongs to the estate ie the...
Nope. That is what the 306. court filing fee is for. After listing all your creditors, along with their respective addresses, the court will send...
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You may make rent payments to your parents. $300.00 seems to be a reasonable amount and probably would not be challenged by a BK trustee. Make sure...
I agree with Mr. Hawkins. You signed your schedules under penalty of perjury. It was your BK atty's job to claim the appropriate exemptions so...
I think you are confusing Schedule C's in BK with Tax Return Schedule C. The Schedule C in BK is a list of the applicable exemption statutes...
Continue to make the monthly payments, eventhough there is a stay in place and you are technically granted a temporary hiatus. There is no need for...
Not adviseable. You would be opening yourself up to an adversary proceeding (a lawsuit within your bankruptcy) objecting to the dischargeabilty of...
Probably. Based on the info given, this debt would be dischargeable in ch 7 bankruptcy. You should consult with local bk counsel.
Most trustees ask for a courtesy copy of your petition and schedules, the last 2 yrs of tax returns, along with paystubs (depending on...