Question on chapter 7

Your income includes income from all sources, including the rent. If that income exceeds the median standard income for a family your size in your...

Selected as the best answer

The day you filed, all assets, with limited exceptions, became assets of the estate. All rights became rights of the estate. The trustee represents...

Can I keep student loan money after bankruptcy if the loans come from a foreign government? How long after a BK can theytakeit?

Proceeds from U.S. federal student loans are exempt from creditors. You need to talk to an attorney in your area about whether this protection...

Should I do a loan mod?

I doubt that the mortgage company would agree to a loan mod for rental property. You are probably thinking about the new law that protects tenants...

Chapter 7 Law Suit Stay

Since you got two different answers, I will weigh in and agree with the first as to why the trustee would abandon the case and the second about the...

Inheritance within 180 days of filing chapter 7 bankruptcy

The prior answer illustrates the reason why you need to listen to attorneys licensed in that state. I am not, but I will say that state law governs...

Chapter 13 dismissed because lawyer did not show up

I agree that it depends on the type of motion. In some courts, for example, there is no need to appear if the case is behind and there is no chance...

Filing for Chapter 7 instead of 13

If you are in Chapter 13 and have never converted, then you have a right to convert to 7. Otherwise, you must file a motion with the court. You...

Chapter 13 - How many times and how often?

If there a Motion for Relief pending at the time of dismissal, then the person must wait 180 days to refile. The Automatic Stay applies from day...

If state taxes were filed in a bankruptcy and it was discharged can the state still seek payment?

When you filed in 2003, the taxes for 2002, 2001 and 2000 were not dischargeable. In addition, the statute of limitations for tax collections was...