Archived
In filing chapter 7 bankruptcy what or how can you repair a Notice of presumed abuse 11 U.S.C. section 707(b)(2)
Mitchell's answer
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Answered on December 15, 2010
Talk to a local attorney to make sure that the means test was done correctly. Then, see if you can file an affidavit of why this case is not an...
Archived
How do i dismiss by Chapter 7 filing?
Mitchell's answer
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Answered on December 15, 2010
The corporation has to file a motion and convince the court that not filing bankruptcy is better for the creditors. Otherwise, you may better luck...
Archived
IL Ch 7 bankruptcy - the homestead exemption only applies to persons who own real property, correct? A renter cannot claim it?
Mitchell's answer
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Answered on December 15, 2010
When it comes to exemptions, only a licensed person in your state is qualified enough to advise you. In Virginia, for example, the homestead...
Archived
Do I really need to wait to file for chapter 7 until my home loan modification is final?
Mitchell's answer
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Answered on December 15, 2010
Not if the servicer is covered under the HAMP guidelines (check with your attorney on this one). If this is a HAMP modification, bankruptcy cannot...
Archived
Can a debtor list their corporate debt when filing chapter 7 bankruptcy
Mitchell's answer
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Answered on December 15, 2010
If you even think that you have personal liability for the corporate debt, then list it with the corporation as a co-debtor. Also, indicate that...
Archived
How to keep car when car is worth $3200, and I owe $13k when filing Chapter 7.
Mitchell's answer
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Answered on December 15, 2010
The exemption is not relevant if you financed the car. If you are filing for Chapter 7, you may be able to refinance the car through another lender...
Archived
How to keep a new credit card when Filing Chapter 7
Mitchell's answer
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Answered on December 15, 2010
If it is a card through your employer (as in a business card) that happens to have your name on it, have your employer contact the creditor....
Archived
IS THERE TIME TO FILE A CHAPTER 13 WHEN U HAVE A FORECLOSURE SALE DATE FOR TOMORROW??
Mitchell's answer
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Answered on December 15, 2010
Most attorneys will require the entire fee in advance because of the work that has to be done. However, you must take the credit counseling class...
Archived
I have a revolving credit line with wells fargo that i opened in 2000...i borrowed 12,000 and they still say i owe them 12,000
Mitchell's answer
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Answered on December 14, 2010
You can dispute the listing on your credit report and provide the information that you have. The credit bureau will have to investigate and ask the...
Archived
I have a previous employer who owes me over $6,000. What kind of lawyer do I need?
Mitchell's answer
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Answered on December 14, 2010
If they are out of business, then there is no one to owe you money. If they are in bankruptcy, file a claim. If they are still operating as the...
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