Do I sign a reaffirmation agreement for my car and husbands motorcycle

It depends on your state's law whether the creditor can repossess the vehicle if you are current. This is know as an ipso facto clause - if you...

First make sure that authorized users are not also liable on the portion of the account that they use. Also make sure that you are actually an...

Can we still collect from a business that has filed Chapter 7?

You did not specify what type of claim it was. If it was for wages, you have a priority claim and should file a Proof of Claim. Businesses do not...

Chapter 13, motorcycle surrendered but never pickup

The problem is that you cannot sell it without paying off or otherwise having the lien removed. Contact either your bankruptcy attorney or an...

Converted chapter 13 to chapter 7 turned in my second car and now will have to turn the only other carb and can't get a loan

You should wait until your hearing to make sure that there are no objections to your exemptions (protections of property). While the time frame for...

We are currently in chapter 7 and just received a call from our mortgage company saying that we might qualify for a loan mod

This answer is for information purposes only and should not substitute for advice from your attorney. The bankruptcy trustee cannot lift...

What does this mean and what is my next step? Do I need to hire a lawyer?

Where was it filed? If the Motion was filed in state court, it may mean that you had a proceeding filed against you and the debt collector is...

Filed Ch 7 and surrendered house. Why 2 years later does bank say we still own house?

Just because you indicated the you were surrendering the house, does not mean that the lender took the house. Until the house is foreclosed on or...

Does lender even have the RIGHT to 1099 me after a Chapter 7 bankruptcy?

This is simple. If debt is discharged, there is no tax liability. If the creditor issues a 1099, file IRS form 982 and be done with it.

Reaffirmation in Chapter 7

There is no reason to reaffirm a mortgage. So long as you are current, you can keep paying on it and keep the house. The lien will not go away. So...