Archived
After repossession of a vehicle, and the resale of said vehicle. the lot got a default judgement for 5000.will chap 7 cover this
Suzanne's answer
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Answered on January 03, 2011
A Chapter 7 Bankruptcy allows you to discharge your unsecured debt such as credit card and medical bills. Although the lender who issues a loan on...
Archived
Is this a breach of contract and grounds to have my mortgage discharged in Chapter 7 Bankruptcy?
Suzanne's answer
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Answered on December 19, 2010
The note and mortgage are two different things. The mortgage gives your lender a security interest in the property which gives them the ability to...
Archived
Repoed car after bankruptcy but never saw creditor so do i owe?
Suzanne's answer
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Answered on December 19, 2010
If the debt was included in your bankruptcy, and you did not sign a reaffirmation agreement, then you are not personally liable on the remaining...
Archived
1st loan is current. i filed BK 7. 2nd was paid off though MI that bank aquired on their own. is 2nd unsecured now?
Suzanne's answer
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Answered on December 16, 2010
You may be able to file a subsequent Chapter 13 case to strip the second mortgage from the property if the value of the house is less than the...
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