I am divorced and my husband and I have a house mortgage.
can I file bankruptcy to stop paying the mortgage on the house.
Terri's answer
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Answered on May 11, 2020
Yes, but there could be complications. If you do not want to keep the house, a chapter 7 bankruptcy will discharge your obligation to pay the...
Can I payoff and transfer property during bankruptcy ?
Terri's answer
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Answered on April 18, 2020
I agree with the first answer. The best thing to do is wait until the bankruptcy is over. At that time, you will be discharged from your obligation...
Do I have to pay for a loan I never received?
Terri's answer
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Answered on April 14, 2020
It may be a scam. This is a common tactic. They are hoping to scare you into sending some money to avoid a lawsuit. You should check your credit...
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How long can I stay in my house after filing for a chapter 7 bankruptcy
Terri's answer
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Answered on November 22, 2019
If you file before the foreclosure sale, the lender will need to lift the stay and then reinstate the foreclosure proceedings. SO, you will...
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How can I get debt relief when I am only receiving SSDI?
Terri's answer
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Answered on September 09, 2019
A chapter 13 will provide for a discharge of MVA Insurance Lapse fees. A chapter 13 will require you to make monthly payments to a bankruptcy...
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I am considering bankruptcy but I work free lance in video production and have gear to protect as an asset. How do I do this ?
Terri's answer
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Answered on April 29, 2019
It is true that you can protect $5,000 in "tools of the trade." However, there are $11,000 in other exemptions that can be used to protect your...
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Bronstein Weiss has called me and left voice mails saying I am going to be served and possibly go to jail
?
Terri's answer
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Answered on January 16, 2019
This is a common tactic of payday lenders! Ignore those phone calls! You can not go to jail for failure to pay your debts. You should speak with...
Can you convert from a chapter 7 bankruptcy to a chapter 13 after 341 hearing?
Terri's answer
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Answered on October 27, 2018
You should be able to convert your case to one under chapter 13. When converting, there is an element of good faith that you will be required to...
Can fines owed to the Maryland MVA (thru the CCU) be discharged in a Chapter 7 Bankruptcy?
Terri's answer
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Answered on October 08, 2018
These debts are considered “fines and penalties” owed to the government and are therefore not dusvgargeable in a chapter 7. They are, however,...
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Can I clear income tax debt in Chapter 7 Bankruptcy?
Terri's answer
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Answered on September 26, 2018
Loan forgiveness can be the basis for additional tax debt. Typically, tax debt must be at least 3 years old to be discharged and it isn't always...