If I file for chapter 7 will that eliminate the loan I have on my life insurance policy without voiding the policy?
Michael's answer
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Answered on June 18, 2014
You do not need to file bankruptcy to eliminate the loan on your life insurance policy. If you do not pay it back, you will lose the benefits. It...
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Foreclosure judgment 3 years ago--house not sold as yet?
Michael's answer
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Answered on June 18, 2014
You ask an interesting question. The intricacies of foreclosure are difficult to state here with clarity. I can think of more productive ways for...
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Can a husband file for bankrupcy by himself including the home that the wife is on the tittle to, without his wife's consent?
Michael's answer
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Answered on June 16, 2014
In short, yes; the remedy if needed is in the State Supreme Court where an action may be brought to end the marriage and distribute property and...
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What choice one should make about bankruptcy chapter7,13 or none?
Michael's answer
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Answered on June 16, 2014
"I do have an assets overseas which is in the form of Land, apartment which is worth around 100K"
1) you cannot file Chapter 7 without...
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I have a question about student loans and bankruptcy.
Michael's answer
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Answered on June 13, 2014
Great Lakes is a collection agency so that when Key Bank transferred the loan to them, it would have been done because the loan went into default....
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Cosigner on a loan
Michael's answer
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Answered on June 13, 2014
What you have been told is one of the most common misconceptions about collections and debt. If you sign a contract, the contract may be enforced....
This is a serious question: Will they take my pet dog if I file for bankruptcy?
Michael's answer
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Answered on June 10, 2014
No, unless your dog is a purebred worth thousands of dollars AND you don't have enough property exemptions left. I have filed over 4,000 cases and...
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Does Chapter 7 bankruptcy eliminate personal financial liability if house sold at foreclosure for less than owed?
Michael's answer
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Answered on June 09, 2014
There should be another sentence in the judgment that the deficiency does not apply if you filed for bankruptcy; but whether it is in there or not,...
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I hire a lawyer, paid all fees to have him file Brankruptcy, chapter 7 since Feb. 2014, still no 341 meeting as of yet?
Michael's answer
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Answered on June 09, 2014
Call your attorney every hour until you get a call back. it is your easiest way to get this behind you.
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How i can ask for.ar bankruptcy
Michael's answer
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Answered on June 06, 2014
Hi there. If you can resubmit this question, I will try to answer it.