Our 1st mortgage shows as discharged on our Chapter 7 BK & our 2nd still shows a balance due. What do we do?

Credit bureaus get their information from the public record and reports from creditors. If there is an error dispute it. [This communication is...

IRAs are protected in most states. If it is protected from creditors in your state, then you can withdraw at any time. It is always best to wait...

Our 1rst mortgage shows as discharged in our chap 7 bankruptcy on our credit reports. Shows no balance due. What does that mean?

The mortgage and HELOC were discharged unless you signed a reaffirmation agreement. The creditor can report those debts as current (that helps...

My bankruptcy attorney's paralegal is making a big deal over an e-trade account I have that used to have a value of $60,000

The question is what happened to the money. If you paid back relatives, you might have a problem. If you hid the assets, you will have a problem....

I am about to file a Chapter 7 bankruptcy and I am thinking of postponing because of bad advice about gambling

You might have a taxable gain. Talk to a tax attorney because new rules affect your ability to deduct loses from gains. However, that has no...

Yes. Selling the debt is not prohibited Collecting on it is. [This communication is intended as general information and not specific legal...

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If I filed a chapter 13 which has not been confirmed can i drop out.

You have a right to dismiss at any time. If you dismiss when a Motion for Relief from Stay is pending, you cannot file for another 180 days after...

Can a 2nd mortgage be stripped in a Chapter 7?

The 4th and 6th Circuits have said no. The Bankruptcy Appellate Panel in the 9th said no. You live in the 9th. [This communication is intended...

HOA Fees owed following Bankruptcy?

Post-petition HOA fees are not discharged. You are responsible until ownership changes hands. [This communication is intended as general...

Your local court would be the place to start. Also, ask where your state's filing under the Uniform Commercial Code are recorded. Either one of...