How long are default judgements good for

The first thing you need to do when you get sued is file an Answer. The summons will tell you that you must “appear” by way of an Answer in 10, 20...

My property was forclosed in Tampa by the 1st mortage, I live in NY. Now the 2nd Mortage is suing me to pay them. What can I do?

People often ask if they can keep second homes, cars, boats, etc., when they are contemplating Bankruptcy. I always tell them they can keep what...

Can I include my debt to the IRS in the bankruptcy?

Income Taxes are (possibly) dischargeable in bankruptcy if they are for taxes that became due for tax years greater than three (3) years ago; the...

Credit card debt and bankruptcy

I have clients who get credit cards the day they get their discharge. Do not focus on the Bankruptcy being reported to your credit history. Try...

If you are legally seperated and one spouse files bankruptcy what can the other one do to protect thier credit.

If you are a co-debtor your credit score will be affected. If you are a co-debtor you owe the money. Take a look at my publication on credit...

I live in new york my son just turned 21 and he is not going to school and is working for about a year now does child suport e

You must go back to Court if you wish to reduce child support. furthermore the decision to leave a job and go back to school may not be grounds...

If you u do bankrupt how long do they have to come and get stuff

Often assets just sit around when they have a marginal value. Sometimes the chapter 7 trustee is selling the asset or the asset was sold and they...

The cash payments are probably going to be considered income, but the expenses are offsetting them. These transfers should not end up with a net...

I asked my bank who holds my auto loan (suntrust bank) to lower my interest rate from 13%. I paid 5 years and have 2 remaining.

If the vehicle is worth less then you owe on it you could "cram it down" in a Chapter 13 bankruptcy. That mans you would have three years to pay...

I have a pending short sale, but was served with foreclosure papers. Do i contact the law firm or bank or courts.

The first thing you need to do when you get sued is file an Answer. The summons will tell you that you must “appear” by way of an Answer in 10, 20...