Collection Agency reported to CRA without sending Debt Validation.

The gas company is the original creditor and is not subject to the Fair Debt Collection Practices Act. The debt collection company is, but I am...

Selected as the best answer

Auto Part Rip off

This is the reason why I always advocate using credit cards to make large purchases and purchases from distant or unknown merchants. Your only...

401K loans do NOT show on your taxes. Only distributions do (which it will become if you leave the job for any reason and it is not paid off). Your...

Where is 2nd mortgage listed if it is unsecured?

Mr. Fink is correct. Your second mortgage is secured and is properly listed on Schedule D until it is properly stripped by the court. I suggest...

We filed for chapter 7 I feel that will have to surrender house. What do I have to do after this? When do we have to go?

Be aware that you are responsible for post-petition taxes, homeowners association dues and local maintenance requirements until the house is...

Chapter 7 Bankruptcy

Mortgage lenders typically will wait for the discharge before modifying a mortgage. Some will say that they need a reaffirmation, but that is not...

When we do the Means Test for a Chapter 7 bankruptcy our income for the 2 of us is $1310. But, our social security is not used.

You have many tests to complete. The means test includes most income, but not social security. The totality of the circumstances test looks at all...

I did my Chapter 7 pro se in 08 and it was D/C in march of 09.

You are confusing loans and liens as well as Deeds and Deeds of Trust. Bankruptcy discharges personal obligations to pay many debts, but it does...

Selected as the best answer

IF i file ach 7 personal bk in utah and own 1/2 of a florida llcdo i loose my ownership of the llc

You do not necessarily lose anything. You have to value the LLC just like any other asset. Your half becomes an asset of the estate. However, if it...

In general, some states have laws requiring employers to notify employees of monitoring. Very few do this. Many states have no such laws. Check the...