Archived
I filed a chapter 13 and it was disch.my husband a lawsuit doing that time.they settled that last month.Can they take that money
Mitchell's answer
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Answered on December 21, 2010
If the case was discharged, then any new assets are not part of the bankruptcy. If the case is open, section 1329 gives the trustee an opportunity...
Archived
Which looks worse to employer on a credit report, Chapter 7 or 10.000 worth of debt? Kalamazoo, Mi
Mitchell's answer
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Answered on December 21, 2010
It is not necessarily true that old debt is better than bankruptcy. It depends on how old the debt is and the job. Sometimes, having no debt...
Archived
Loan modification
Mitchell's answer
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Answered on December 21, 2010
Chase once told Consumer Reports that they will do nothing more for a customer with an attorney than one without. Do not pay someone to do it. The...
Archived
A contract to deliver goods is made with a company. The company declares bankruptcy. Is the contract still binding?
Mitchell's answer
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Answered on December 21, 2010
If the company filed for bankruptcy, it would depend on whether the company assumed the contract or not. The company could reject the contract and...
Archived
I am thinking of becoming a LLC to save my business. If I need to file personal bankruptcy will I also loose my business?
Mitchell's answer
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Answered on December 21, 2010
The LLC will be an asset. Any assets that you transfer to the LLC may be considered personal assets. If the LLC purchased those assets, then you...
Archived
When should debtor file adversary proceeding in chapter 7 bankruptcy?
Mitchell's answer
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Answered on December 21, 2010
I used to wait until right after the discharge was granted to avoid claims that the debt is not subject to discharge. You may need to file a...
Archived
I have lost my home because of the alimonybpayments I have to make. Is there any laws that could help me?
Mitchell's answer
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Answered on December 21, 2010
In Virginia, alimony is set by the court order or agreement. It usually ends upon remarriage or death. Check with a family law attorney in CT to...
Archived
We owe on our car and have filed bankruptcy but we didnt put the car in we were a month behind and the want to repo it
Mitchell's answer
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Answered on December 21, 2010
It all depends on what Chapter you filed and what you mean by "we didn't put the car in." You were required by law to list all property and all...
Archived
Are student loans eligable for chapter 7 if there is no means top repay
Mitchell's answer
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Answered on December 21, 2010
A hardship discharge was denied to a 62 year old man who is retired because he can work, even though paying it off would take until his dying days....
Archived
Demand letter to satisfy judgment
Mitchell's answer
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Answered on December 21, 2010
You can send a copy of the judgment seeking payment. You can also try to garnish any funds that she is owed.
[I am a Virginia-licensed attorney....
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