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Im on SS permanent disability & have sheriff judgement for 6000. I financed a 2001 honda 1/18/I0 owe 9000. can they take my car
Michael's answer
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Answered on April 22, 2010
It is unlikely that any sheriff would take a car with an outstanding balance on the loan. If in the unlikley event your 2001 car is worth far more...
Archived
Can a judgement still be filed against me if pay arrangements have been made?
Michael's answer
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Answered on April 22, 2010
Your question raises a common misconception about making payments on past due accounts.
One the account is past due, the lender has the right...
Archived
Do u have to be behind in payments to claim chapter 7
Michael's answer
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Answered on April 22, 2010
No. You can be current, be late or wait till your bank account is frozen or wages garnished.
I do think you should sw an atty, I'd be happy to...
Archived
Do I need an attorney to file for chapter 7 corporate bankruptcy?
Michael's answer
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Answered on April 20, 2010
A corporation is a separate entitty and needs to be represented by an attorney.
The real isue is why are you looking to file corporate 7. Most...
Archived
Can i file chapter 7 and reaffirm my mortgage and the home equity loan (2nd mortgage) on it ?
Michael's answer
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Answered on January 28, 2010
In all due respect to others who disagree, if you reaffirm your mortgage you will remain liable on it as if you never filed for bankruptcy, That...
Archived
What determines if your house is worth more than your mortgage. I am thinking about filing chapter 13 in nys and I am wondering
Michael's answer
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Answered on January 19, 2010
Your safest best is to pay your atty for an apprasial from his trusted apprasier.
Good luck to you.
Archived
After I claim bankrutpcy, can a debt collector try to collect a debt i claimed bankruptcy on 10 years later?
Michael's answer
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Answered on October 09, 2009
Cal your bankruptcy attorney. He or she should know what to do; if not call me.
Archived
Filed chapter 7 can they freeze checking account
Michael's answer
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Answered on October 03, 2009
Listen to your lawyer. He is the expert, not your co workers. But yes, it is possible to freeze an account after filing Chapter 7, but to do so...
Archived
If i have a judgement against me through a car loan can they take my income taxes or even some of my pay?
Michael's answer
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Answered on September 28, 2009
No as to income taxes as long as it is not from the refund deposited into your bank account. Yes as to garnishment of pay.
Archived
If my husband's LLC files for bankruptcy can my (his wife) quarterly lottery payments be taken?
Michael's answer
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Answered on September 24, 2009
No, an LLC is a separate entitiy from your husband. If your husband were to file bankruptcy there may be a good faith issue or even a...