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My credit union wants us to reaffirm $7000 of a $30000 bill. My lawyer says they can probably make us - we dont have the money.
Robert's answer
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Answered on February 20, 2011
If someone came to me and said they had charged $7000 on one account in the last 90 days, I'd spend a long time with them figuring out how to...
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I JUST GOT MY NEW CAR IN JUN (CO-SIGNER) CAN I KEEP MY CAR AND KEEP PAYING IT. I BEEN ON TIME WITH ALL MY PAYMENTS!!
Robert's answer
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Answered on February 20, 2011
The short answer is yes you can keep your car and yes you should file bankruptcy.
The long answer is it depends. For example, if the car is...
What happens if you decide not to reaffirm a mortgage but continue to pay?
Robert's answer
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Answered on February 20, 2011
You get to keep it as long as you continue to pay. There is no requirement that you reaffirm a mortgage in order to keep the property. Not...
Selected as the best answer
In Chap 13, who is considered an insider with respect to preferential transfers?
Robert's answer
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Answered on January 07, 2011
It's a close question. If the bankruptcy trustee wanted to prove your close friend is an insider, it might be tough to do, but its certainly not...
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