Archived
Mortgage was discharged in a Ch 7 bankruptcy in Colorado and then went to foreclosure; will the foreclosure report to my credit?
Mitchell's answer
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Answered on August 10, 2010
If the foreclosure is judicial, then the credit report may pick it up and report it. However, the underlying debt was discharged in bankruptcy...
Archived
What are the income requirements for chapter 7 bankruptcy
Mitchell's answer
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Answered on August 10, 2010
There are no income requirements for Chapter 7. However, if your household earns more than the median standard income for a household your size in...
Archived
Can a judgement lien be remove from property in a ch 7 bankruptcy?
Mitchell's answer
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Answered on August 10, 2010
You have to file a Motion to Set Aside the lien because it impairs an exemption. The lien must not be voluntary. If you can exempt the equity (or...
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Archived
Is there a waiting period if I voluntarily have mey chapter 13 dismissed, before I could file a chapter 7?
Mitchell's answer
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Answered on August 10, 2010
The Automatic Stay is automatic, but it only lasts 30 days in a second case filed within a year of an existing case being dismissed.
I agree...
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Archived
What can i do to save to my house?
Mitchell's answer
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Answered on August 10, 2010
First, I suggest that you have a consultation with a local foreclosure attorney to discuss state law options.
Second, you can send a Qualified...
Archived
What is a Chapter 20 bankruptcy?
Mitchell's answer
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Answered on August 10, 2010
Chapter 7 + Chapter 13 = Chapter 20
You need to talk to local counsel. Some courts have ruled that a Chapter 13 lien strip is not possible if...
Archived
X wife has filed bankruptcy included
divorce settlement that is owed
Mitchell's answer
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Answered on August 09, 2010
Debts owed through domestic agreements or court order cannot normally be discharged in bankruptcy. However, all debts must be listed and scheduled....
Archived
I bought something on the internet with a giftcard, the company took the money, and now won't ship the item.
Mitchell's answer
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Answered on August 09, 2010
Not shipping the item may violate the Virginia Consumer Protection Act. I would advise you to file a Complaint with the Federal Trade Commission...
Archived
I made an offer on a home in Virginia. One of the contingencies was that I had to obtain 96% financing of the total purchase amt
Mitchell's answer
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Answered on August 09, 2010
Most sales contracts that I have seen contain three contingencies - first that the house will appraise for the sales price, second that the house...
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Archived
Can a car dealership ask for more money after 2 months have gone by.?
Mitchell's answer
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Answered on August 09, 2010
You bought the car from the dealer, but it appears that you took out a loan through the credit union. The terms of that loan govern this situation....
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