Questions answered by Theodore Lyons Araujo

Archived

Why did my foreclosure sale get cancelled?

Theodore's answer | Answered on October 11, 2011

Many banks have a moratorium on foreclsoures. In NJ there is a special master reviewing the foreclosure practices of many banks and law firms. ...

Archived

If supplementary proceedings necessary in fed. court, what does assignee become?

Theodore's answer | Answered on October 11, 2011

You are acting under a ssubrogation of rights in the assignment. You can take any actions to collect...there is no other suit. Identifying the...

Archived

Post Chapter 7 Court Judgment - What Can Be Taken

Theodore's answer | Answered on October 11, 2011

If the judgment is for a criminal charge then it is not dischargeable. You must cooperate with the orders of the court or you will be found in...

Archived

SS has decided on my permanent disability, but we don't yet know outcome.I am 61 & have student loans in default. Can I Chap 7?

Theodore's answer | Answered on October 11, 2011

After you get the disability the student loans may go into permanent forebearance. Discharging, or getting rid of, student loans in Bankruptcy...

Archived

I'm trying to offer a debt collector $200 a month for a student loan (was Sallie Mae)...debt collector doesn't want to accept

Theodore's answer | Answered on October 11, 2011

Student loan collectors do not need judgments in certian circumatnces. They do not have to accept your offer. Discharging, or getting rid of,...

Archived

If there are outstanding creditors and no money to cover without selling the home...is there a time frame in which it should be

Theodore's answer | Answered on October 11, 2011

Who is "this woman"? If she is an adult and you are not on the Deed she can do what she wants with the house.

Archived

A bail bondsman called me saying I have a unpaid balance its been two years since I was bailed out and I had given him 2500....

Theodore's answer | Answered on October 11, 2011

STATUTE OF LIMITATIONS FOR ENFORCEMENT: Open Account (credit card): 4 years (2 yeas if not in writing) Written Contract: 4...

Archived

Is there anything we can do to stop a writ of garnisment, can they take money set aside for sales taxes, when is hold non actts.

Theodore's answer | Answered on October 11, 2011

When you find out that a judgment has been entered against you, normally by discovering that your wages are being garnished or the bank account has...

Archived

Am I qualify to file bankruptcy? Income 6,000/mo before tax and one person household with 30,000 credit card debt

Theodore's answer | Answered on October 11, 2011

Yes. You will be able to file. The question is which chapter? There are three basic tests to determine if you qualify for Chapter 7 or 13. ...

Archived

Cross-collateralization and car loans

Theodore's answer | Answered on October 11, 2011

If you file a 13 the cros collateralized credit card loan can be stripped and discharged. If you file a 7 the credit card is still a lien on the...

Theodore Lyons Araujo's Answers (8812)

Why did my foreclosure sale get cancelled?

If supplementary proceedings necessary in fed. court, what does assignee become?

Post Chapter 7 Court Judgment - What Can Be Taken

SS has decided on my permanent disability, but we don't yet know outcome.I am 61 & have student loans in default. Can I Chap 7?

I'm trying to offer a debt collector $200 a month for a student loan (was Sallie Mae)...debt collector doesn't want to accept

If there are outstanding creditors and no money to cover without selling the home...is there a time frame in which it should be

A bail bondsman called me saying I have a unpaid balance its been two years since I was bailed out and I had given him 2500....

Is there anything we can do to stop a writ of garnisment, can they take money set aside for sales taxes, when is hold non actts.

Am I qualify to file bankruptcy? Income 6,000/mo before tax and one person household with 30,000 credit card debt

Cross-collateralization and car loans