Archived
Im caught up in all my credit card bills and am looking to go bankrupt. can someone give me additional info?
Joanne's answer
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Answered on September 23, 2014
you can file for either chapter 7 or chapter 13 depending on your income level, type of debt and the type of assets. You should definitely...
Archived
If I'm divorced or legally separated would it be sensible to file for chapter 13 to pay off refi. mortgage?
Joanne's answer
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Answered on September 15, 2014
Chapter 13 cannot run for more than 5 years. So if you are planning to pay off the entire mortgage balance, chapter 13 might not be the right...
Archived
Is a foreclosure included in a chapter 13 bankruptcy?
Joanne's answer
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Answered on September 15, 2014
If the house was sold for less that what was owed to the mortgage company, you have a deficiency judgment and you are liable for a deficiency...
Archived
Do I need to revise my Bankruptcy schedules after receiving a Federal PELL Grant refund?
Joanne's answer
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Answered on September 15, 2014
If you knew you were scheduled to receive a refund at the time of filing, then you should have listed it in schedule B. So, you should amend the...
If you were barred from filing chapter13 is that the time it was dismissed or the time you filed?
Joanne's answer
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Answered on September 15, 2014
If your case was dismissed on your motion to dismiss following a motion to lift automatic stay, you are barred from filing for 180 days from the...
Archived
Can I file for chapter 13 two years after I filled chapter 7 bankruptcy?
Joanne's answer
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Answered on September 11, 2014
You can file chapter 13 but it won't do you any good since there won't be a discharge. Lien strip would only work if you can get a discharge in...
Archived
In a chapter 13 bkruptcy with all collateral surrendered on a closed business. The deficiency will be in the range of $148K.
Joanne's answer
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Answered on September 06, 2014
Any deficiency owed at the time of filing is discharged in bankruptcy and the amount discharged is not a taxable event so no income tax should be...
Archived
Financing a car while in Chapter 7 Bankruptcy
Joanne's answer
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Answered on September 05, 2014
You should wait until you are discharged. If you just filed chapter 7, it normally takes about 4 months for chapter 7 to close from beginning to...
Archived
I have filed for bankruptcy and I have a court date on October 10 2014 for a garnishment. on my job I went to my lawyer office
Joanne's answer
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Answered on September 05, 2014
If your bankruptcy was filed and you are in active chapter 7 bankruptcy, all you need is a copy of automatic stay to stop any creditor's pending...
Archived
Do i have to carry insurance on a car where the loan has been discharged in bankruptcy
Joanne's answer
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Answered on September 05, 2014
You must keep the vehicle insured while in Chapter 13 because financing company can ask for a proof of insurance. As a cosignor on the vehicle,...
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