Archived
I went to the 341 meeting for my chap 7 BK petition and trustee posted my report online.can i now take $ from IRA for school?
Theodore's answer
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Answered on May 11, 2011
The only reason to wait is that the withdrawal is income...it cannot be taken by the Trustee after you file the case because the source of the...
Archived
I have a judgment against me in georgia, i am a new york resident. my new york bank account has been garnished in georgia
Theodore's answer
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Answered on May 11, 2011
You have to challenge the action in Georgia or you could sue the company if the headquarters are in New York. Who has the garnishment?
What...
Archived
I'm going to file chapter7 bankruptcy.I'm a self employeed carpenter with tools purchased through my 30 career, and a mobile BBQ
Theodore's answer
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Answered on May 11, 2011
People often ask if they can keep homes, second homes, cars, boats, tax refunds, etc., when they are contemplating Bankruptcy. I always tell them...
Archived
Should I default and walk away from my homeloan or take out bankruptcy?
Theodore's answer
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Answered on May 11, 2011
Need to review a number of issues, but if you are sserious about bankruptcy file before you move so the bankruptcy does not appear in the paper in...
Archived
Can a mortgage company have 2 judgments of foreclosure for one mortgage(1st one vacated a year after 2nd one was granted)
Theodore's answer
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Answered on May 11, 2011
Yes. If the judgments are filed they are valid but both would have been satisfied when one foreclosed.
Can I pay off my Ch 13 plan after completing at least 36 months?
Theodore's answer
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Answered on May 11, 2011
If you were below mediaan when you filed and the change of circumstances will allow it.
Archived
What is the statute of limitations for a court ordered judgement for collection of the money?
Theodore's answer
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Answered on May 11, 2011
STATUTE OF LIMITATIONS ON ENFORCEMENT:
Open Account (credit card): 3 years
Written Contract: 6 years
Domestic Judgment: 10...
Archived
A company filed a judgment against my company and personal in NY Supreme Court.
Theodore's answer
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Answered on May 11, 2011
A federal tax lien can only be filed by the IRS.
Archived
Settlement in full" "dismissal with prejudice
Theodore's answer
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Answered on May 11, 2011
Looks like there is not much of a settlement, just an agreement that the rights of the IRS are not affected if you do not abide by the payment...
Archived
My first and HELOC is with the same lending bank. The house is underwater. Does HELOC get discharged in bankruptcy?
Theodore's answer
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Answered on May 11, 2011
You cannot get rid of the second loan unless you file a chapter 13. In the chapter 7 you do not have to reaffirm the second loan if these facts...
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