HOA collections after a bankruptcy.

The answer also depends on whether the state considers the debt to be personal with you or limited to the land. This difference does not help...

You must list everyone that you owe and everything that you own. It does not matter whether there are co-debtors, whether you want to keep the...

Leaving a credit card out of the bankruptcy

Not only must you list every debt, but you also must certify that you included every debt. You will be committing perjury if you do not list them...

Reaffirmation agreement after bankruptcy is discharged.

Some courts are ignoring the limitation in the Code on reaffirmation agreements. They are not required for real estate. The reaffirmation agreement...

If a wife owns a home that is paid in full and the husband's home goes into foreclosure can the bank come after the wife's home?

A creditor can only come after property owned by the debtor. If your wife is not in debt to the mortgage company and your name is not on the...

Orignal loan was morgage now being called an home equity loan by the new servicer, we don't qualify for a loan in that amount

A mortgage, a home equity loan and a home equity line of credit can all serve as liens on real estate. They are treated the same way as far as...

We have a condo in Sun City West, AZ our mortgage balance is $115,700, which is more than the worth today.

Debt forgiveness on a foreclosure is normally taxable. However, through tax year 2012, the forgiveness will not be considered taxable income. If...

Am preparing to file chapter 7. Just got word that a wage garnishment will be applied from CC company. What do I need to do?

As soon as the case is filed, a Suggestion of Bankruptcy should be sent to the creditor and the court. Any money taken prior to the garnishment...

Being below the means test, which is based on the total income for the prior six months, is only part of the story. If there is excess income...

One spouse filing Bankruptcy, Chapter 7, lost job, filing on my debts alone

If you give it away, even by having your name removed (which is really transferring it to your wife), a trustee can undo the transaction and sell...