My family's land is contracted out to a gas company. The company is filing bankruptcy, Ch 11. Can we get out of the contract?

Probably not. The contract is now an asset of the estate. If this is a chapter 11, the company will use the asset to help with reorganization. ...

How long after filing chap 7 and surrendering your home will u b able to apply for another mortgage.

After you get a discharge, you can apply for a new loan. I seriously doubt you will get one immediately though. This depends upon your income and...

Our church head organization co- signed to refinance a loan for our church's mortage. We are several months behind.

You have not said how your church is organized, what the charter says, or even who owns the real estate. I do know that with sketchy these facts,...

Will a bank consider a deed-in-lieu if they hold 2 mortgages on the property? Both mortgages have been discharged in Chapter 7.

I agree with Omar. There is "cash for keys" in PA and although it is not guaranteed, there is no reason for your to become a bank "employee." A...

While I also agree with the prior two answers, you need to also make sure you advertise the issuance of letters (opening of the estate) to put a...

What chapter of bankruptcy do I need to file to get my court costs and fines liquidated? i dont have the money to pay them?

Filing a bankruptcy will not stop a criminal court from issuing a warrant for your arrest! Fines and costs are not dischargeable, and the...

Is a bank in violation of the bankruptcy Code for not foreclosing after they had the automatic stay lifted?

Your 2007 chapter 7 in no way impairs any party in interest from foreclosing. Anyone holding the note and mortgage may foreclose, assuming they...

Are payday loans illegal in the state of Pennsylvania?

I could be wrong, but somehow it might be related to the fact that it is insanely profitable to deal with the desperate and uneducated. You can...

Is the servicer supposed to foreclose or is the trustee of a securitized trust supposed to foreclose?

Don't you think that you should first deal with the 800 lb gorilla in the room before you critique the feng shui? You are about to lose your home!...

If you have received a reinstatement amount and you send them the full amount is the lender obligated to accept it.

Just from reading the facts you set forth, it is impossible to know what is really happening here. I recommend that you speak to your own lawyer...