Archived
My parents own a home but have deliquent health bills if I pay of the leins &change the home to my name can they come after me
Mitchell's answer
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Answered on June 29, 2010
If you pay off all of their creditors, then there is no problem. If you only pay off the liens and take possession of the property, the remaining...
Can I be forced to sell my house in a bankruptcy proceeding?
Mitchell's answer
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Answered on June 29, 2010
It depends on whether there are other owners and how much equity the state allows you to protect from creditors. Otherwise, the bankruptcy trustee...
Archived
Tenant renting a home, the Owner has filed Bankruptcy and we want to purchase
Mitchell's answer
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Answered on June 29, 2010
If the owner filed for Chapter 7 bankruptcy and there are no assets, then the house will be abandoned by the trustee. The lender can file for...
Archived
Are we responsible for a deceased relatives debts?
Mitchell's answer
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Answered on June 29, 2010
Spouses can be held responsible for certain necessary medical debt. Co-signers will be held responsible. Other than that, the estate will be liable...
Archived
If my wife gets property in divorce an than files bankruptcy on property am i liable for the property?
Mitchell's answer
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Answered on June 29, 2010
If the debts were joint, then you would be liable to the creditor. Your spouse would be liable to you for any debts assigned to her under the...
Archived
How do I find a list of my creditors for bankruptcy?
Mitchell's answer
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Answered on June 29, 2010
You should know who you owe. You create the list. Sources to use are bills, your memory, letters from creditors and your credit report.
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Archived
I filed bankruptcy and got discharged i just stopped paying for my house, how long can i tay here for?
Mitchell's answer
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Answered on June 29, 2010
I had a client who stayed in the house for more than 2 years. It all depends on the creditor and how long it takes the creditor to start the...
Archived
Debt collectio law firm
Mitchell's answer
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Answered on June 29, 2010
You can contest this claim and make the debt collector prove what you owe. There are usually fees and interest added to a claim, but this amount...
Archived
Can the cosigner of my student loan sue me when the loan hasn't been paid?
Mitchell's answer
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Answered on June 29, 2010
You need to consult a lawyer in your state. The problem is that your co-signer got a judgment. However, the judgment should have only been to the...
Archived
Being sued (personally)for credit card debt. can/will the bank garnish rental income?
Mitchell's answer
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Answered on June 29, 2010
If the credit cards are personal, then the creditors cannot garnish LLC income. They can garnish the income that the LLCs pay to you. First, they...
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