What value will a Chapter 7 Trustee use for your home?
Value of an asset is determined at the point of filing, not later.
Brooklyn, NY
Chapter 7 bankruptcy Lawyer at Brooklyn, NY
Practice Areas: Chapter 7 Bankruptcy
Value of an asset is determined at the point of filing, not later.
The legal fee for chapter 7 is typically less than for chapter 13. Seems wrong that you are now paying even more for a chapter 7 filing. You need...
Some trustees, as standard practice, request bank statements. Others only request bank statements if they are suspicious of something going on in...
You should speak to your lawyer first to discuss the situation more thoroughly. If you do nothing, the trustee will soon be bringing a motion...
The language that seems to be bothering you is bankruptcy related and put in to cover the mortgage company in case they are sending this notice to...
If the case has been filed, the attorney, just like any other creditor wanting to get paid under the plan, has to file what is called a proof of...
Once your case was closed, the protection provided by the stay went away. Assuming the case is closed, the creditor, by filing a lift stay motion,...
There really is no need or benefit to you, so waste of effort. Once you file the bankruptcy, the creditors will close the accounts. Beware of...
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As your first discharge was under a Chapter 7 bankruptcy, you can only file for a subsequent Chapter 13 and be eligible for a discharge if the case...
Yes such payments would be considered to be preferential payments. Preferential payments occur when a debtor prior to filing bankruptcy pays back...