Archived
I declared chapter 7 bankruptcy with no reaffirmation agreement on house if i stop making payments can bank come after me for $$
Mitchell's answer
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Answered on August 22, 2010
Without a reaffirmation agreement and with a Chapter 7 discharge, the mortgage company cannot come after you for a deficiency. Regarding your...
Archived
My landlor is filling bankrupcy and the house where i live is included, how lon will the bank give me to move,
Mitchell's answer
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Answered on August 22, 2010
A new federal law gives you until the end of the lease or at least 90 days, whichever is longer. The exception is when a new owner plans to move...
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Archived
What is the amount of exemptions and wildcard you can use for Chapter 7 bankrupcy?
Mitchell's answer
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Answered on August 22, 2010
If there is no lien on the vehicles, find out what they would sell for at auction. That amount is what a trustee would get if he seized and sold...
Archived
Can I have a creditor put a lien on just my community property share of investment property in a chapter 13 bankruptcy?
Mitchell's answer
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Answered on August 22, 2010
You need to sit down with a California attorney to discuss this. Community property works differently that other forms of ownership.
You will...
Archived
I received a speeding ticket in VA, what options do I have?
Mitchell's answer
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Answered on August 21, 2010
Ask the court for driving school. If this is your first ticket and the situation was not severe, the court usually grants the request (and...
Archived
Reaffirmation of house after chapter 7 bankruptcy
Mitchell's answer
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Answered on August 21, 2010
Your situation is the reason that the lawyers I know (myself included) do not sign reaffirmation agreements on mortgages. They are not required by...
Archived
Motion for relief from stay in chapter 7 by newowners of a foreclosed home
Mitchell's answer
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Answered on August 21, 2010
If the foreclosure was valid, then you no longer owned the home when you filed for bankruptcy. The new owners may not need relief because you are...
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Archived
Northern CA CH-7-Post Discharge Question
Mitchell's answer
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Answered on August 21, 2010
Once the time to object to exemptions ends and the discharge is entered, there is no chance to object to expenses. If the trustee has not objected...
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Archived
My daughters house was sold at auction the same morning she filed chapter13
but not before the house was sold
Mitchell's answer
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Answered on August 21, 2010
This is a good reason to fight for a right to redeem. Some states allow people who have lost their homes to foreclosure a period of time to get the...
Archived
Chapter 13 and car loan
Mitchell's answer
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Answered on August 21, 2010
Why pay the car loan outside the plan? You can pay it off at a lower interest rate and possibly even pay what it is worth on it as opposed to what...
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