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What happens to the value of a Tax Lien after filing Chapter 7 and the cars have been "junked" (12 to 18 yrs old)?
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Answered on July 31, 2012
The lien is only worth the value of the property it has attached to. Different taxes have different ways of attaching liens to property. From what...
Archived
What do we need to do with the property if the mortgage is still inthe uncle's name but the deed was changed and we want to move
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Answered on June 28, 2012
The question is do you want the house? Most of what they call conventional mortgages have what they call an acceleration clause on transfer. Thirty...
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Lawyer won't sign reaffirmation agreement; husband filed chapter 7. How will this effect me if I want to save my home?
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Answered on June 28, 2012
The advice so far has been good. They are probably looking for a letter from your husband's attorney waiving what bankruptcy attorney's call the...
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Education loans in Chapter 13
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Answered on April 26, 2012
To answer this question let me go back a generation to the old Chapter XIII which would allow the separate treatment of debts that would actually...
Can a Chapter 13 Trustee claim that a Restricted Stock unit is property of the estate?
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Answered on December 09, 2011
The answers so far have all been right. It is the question that is wrong. Since the current and furture stock interest is clearly property on the...
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NYS Opting Out Agreeent states husband will refinance all mortgaes. The spouse uses the joint mortgages to file for bankruptcy.
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Answered on December 09, 2011
This is a question that keeps coming up. The matrimonial agreements do not seem to recognize the reality of real world finance. This question...
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A judgment creditor mailed me a Notice of thei intent to try to freeze my bank account, I received the letter after 20 days.
Richard's answer
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Answered on December 09, 2011
Your understanding of the CPLR is good and if you fight the levy you will probably get the result you want, but you may find your bank account...
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Our house is co-owned by state law, but my name is not on the deed or mortgage. What happens if my husband gets a conveyance?
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Answered on September 08, 2011
I do not know what you mean by co-owned. If only his name is on the deed then you made have a right in a divorce proceeding to request your...
Archived
Chapter 11 Bankruptcy Help.
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Answered on September 08, 2011
The issue of accured wages and benefits in chapter 11 would seem to be covered by 507, but the actual treatment your client receives may well be...
Archived
Can you file for bankruptcy for student loans? Thank you.
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Answered on May 28, 2011
The issue of student loan discharge is difficult. Back in 1998 the Congress exempted student loans from discharge except on hardship grounds for...
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