Archived
After filing for bankruptcy how long do you have to wait to purchase a house, car, or an apt., etc...?
Brett's answer
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Answered on October 04, 2014
If your bankruptcy case is still open, you usually need Court approval to borrow money to finance a purchase. If you're paying cash, you usually...
Archived
Does purchase of a debt by a collection agency reset the Statute of Limitations time frame?
Brett's answer
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Answered on September 25, 2014
The SoL does not affect your credit reports. The sale of a debt does not restart the SoL. You may want to speak with a consumer protection attorney...
Archived
How does forfeited money get applied to restitution? What happens to excess money beyond restitution amount?
Brett's answer
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Answered on September 25, 2014
Generally speaking, your attorney is correct that if the amount of the forfeiture is greater than the restitution, you are not entitled to a...
Archived
We are in a Chapter 13 bankruptcy, Does the trustee or the bank have to accept the
sale first? to make it go through easily.
Brett's answer
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Answered on September 25, 2014
I have no reason for disagreeing with your lawyer. He or she knows all of the facts of your case, as well as local practice.
Archived
Tenant filed for chapter 13. Can I use security deposit to cover attorney fees?
Brett's answer
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Answered on September 25, 2014
It depends on what the attorney's fees are to be used for.
This is a complex area of the law. I strongly recommend speaking with a local...
How does it work in Missouri when only one spouse (no income) files Ch 13 bankruptcy separate from other spouse (all income)?
Brett's answer
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Answered on September 25, 2014
Spouse #2's expenses, so long as they do not exceed income, can be deducted from the Means Test and Schedule J. The reasonableness standard does...
Archived
Supplier filed for bankruptcy.
Brett's answer
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Answered on September 25, 2014
You need to hire a bankruptcy lawyer admitted to practice in Delaware immediately. He or she can review the situation and let you know what your...
Archived
Is ""11 U.S.C. , (362) (C) (3) (A) """ exception to automatic stay if debtor is a corporation
Brett's answer
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Answered on September 25, 2014
This section, by its own terms, applies only to individuals, not to corporations.
Is ""11 U.S.C. , (362) (C) (3) (A) """ exception to automatic stay if debtor is a corporation
Brett's answer
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Answered on September 25, 2014
This section, by its own terms, applies only to individuals, not to corporations.
Archived
If my dismissed Chapter 7 bankruptcy case is re-opened by a trustee will the stay be reinstated? Please see details. Thanks.
Brett's answer
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Answered on September 25, 2014
In most cases, the stay is reinstated once the case is reinstated. Note that the Trustee likely filed to reopen the case because he believes that...
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