Archived
If your mortgage loan has been discharged in a BK who has more authority over the loan, the trustee or the servicer.
Michael's answer
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Answered on September 01, 2013
they are equally as important. If you are discharged the trustee's importance no longer exists. The servicer is the only one that now matters and...
Bankruptcy 341 meeting , I suffer from PTSD and anxiety issues and have to go to a 341 meeting
in a few weeks
Michael's answer
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Answered on September 01, 2013
the 341 meeting is usually a quick painless procedure. While you meet the trustee creditors rarely appear. Most trustee are very nice . If you had...
My wife and I have $80000 in credit card debt, we would both like to retire in a year but with our reduced income we can't pay.
Michael's answer
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Answered on July 14, 2013
Sounds like you should file. The credit card companies will file suit and get judgments and look to personal property to collect. A chapter 7...
Archived
I am 18 years old, I was to rent a house with 7 other students, I am not attending the college anymore, am I held to the lease?
Michael's answer
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Answered on July 11, 2013
you had 2 answers to your question with complete opposite views. In all honesty I read the first answer and said that was correct. Then I read the...
Archived
Why am I still payiny 2800.00 for the last 25 years on student loan help!!!!!
Michael's answer
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Answered on July 11, 2013
Without the complete history its impossible to answer. They do accumulate interest even in periods of deferment.Get a history from them
Archived
Underwater & Discharged 2nd mortgage on Chapter 7, What can I do if they want and send Foreclosure Notice? Options?
Michael's answer
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Answered on July 11, 2013
actually the personal obligation under the note is discharged. Therefore they cannot communicate with you about the payments as collection activity...
Archived
BK 7 Filing Fee is a Little Late
Michael's answer
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Answered on July 11, 2013
At least here in Pa the clerks are reliable. So you should be safe. If dismissed you'll have a valid basis to vacate dismissal, But as stated that...
Archived
I have a judgement against me for a personal credit card.They are now taking me to court to garnish my wage ,buss is inc.
Michael's answer
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Answered on July 11, 2013
state law varies. In most states once a creditor gets a judgment against you they cabn try to execute on your personal property including bank ...
Archived
Can I start the bankruptcy process on my own?
Michael's answer
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Answered on July 11, 2013
yes, but they do not make it easy to do on your own, There are very strict deadlines. Also please note that if you have not done credit...
Archived
DO YOU NEED TO DECLARE A LAWSUIT YOU ARE INVOLVED IN WHEN DECLARING BANKRUPTCY EVEN IF YOUR ATTORNEY SAYS YOU NEED NOT DO SO
Michael's answer
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Answered on July 11, 2013
Since you said involved in i am assuming you are a party and the case is active. Therfeore it needs to be disclosed on the statement of financial...
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