Bankruptcy/Foreclosure Question

Though you indicated you wanted to surrender your home in full satisfaction of all secured and unsecured debt owed to the lender, the lender still...

Can My Friend Claim Bankruptcy?

Your friend sounds like a candidate for bankruptcy. He should speak with an experienced bankruptcy lawyer to see whether it will work for him,...

Do I have to keep paying a credit card debt that's 7 years old?

The New York Statute of Limitations on credit card debt, and all unsecured commercial debt, is six years. However, the clock does not start to...

Hi I'm a judgement creditor and was just served with papers from a mortgage company that held the mortgage of the person I

You are named as a defendant because you have an interest in the property. If the property is sold at foreclosure, you will most likely lose...

If I file for bankruptcy will that wipe clean my school loans? Is there any way I can get out of my 50k loan, I am not working.

Unfortunately, it is very difficult to discharge student loans. Based on what you have stated here on Avvo, it does not sound like you will...

IRA accounts are exempt assets under the Bankruptcy Code and cannot be attached by creditors. However, since you have just gone through a divorce,...

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In 1998 my mother put me on her deed to her home without my knowledge or my signature. in 2009 i filed chapter 7.

Legally, some equity in that house belonged to you because your name was on the deed. The bankruptcy trustee is pursuing that value, to be...

I have a workers comp love sum settlement. Will that be taken from me in bankruptcy?

Bankruptcy law requires that you disclose a trust account on your petition. You run a very serious risk of being subject to an avoidance of any...

Can you put your divorce lawyers fees on your bankruptcy in New York State?

Yes, you can put fees up to the time of the filing of the bankruptcy petition. And I am your divorce attorney will be thrilled.

Will my husband be liable for the loans I co signed for my Grandson . I Live in N.Y. State I signed about $60,000. Of loans.

Unless your husband personally signed for or guaranteed the loans, he cannot be sued for that money. He is not legally responsible even one iota.