Settled second and they have issued 1099-c - will Homestead exemption count against taxes?

I agree with my colleagues. The Homestead does not have anything to do with your tax obligation. Your question was listed under the bankruptcy...

Nod from 2nd mortgage

Yes. A second mortgage can foreclose. How long you have before a foreclosure sale depends on more information than you have provided. If your...

Question about foreclosure law and tenants.

Despite your friends intentions, she is the legal owner of the property until the foreclosure sale and has the right to lease the property. If you...

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Chapter13

If you are still in your Chapter 13 the deficiency judgment is now an unsecured debt to be addressed by your plan. Speak with your bankruptcy...

Will Taking over my father in-law's utility bills get me in trouble?

Putting the utility bills in your name will only make you liable for the utility bills. It will not make you liable for the property or the debt...

Chapter 13 Plan disposable income question

Generally, you have to commit all of your monthly disposable income to the plan. This would therefore pay the plan off at the fastest rate...

Can I discharge a school loan if I am just the co-signer?

A co-signer is in no better position to discharge student loans than the co-obligor. In order to discharge student loans you have to prove you...

Chapter13

I am sorry but the question is a little difficult to interpret. If you are in a Chapter 13 Bankruptcy, which is a 3 to 5 year repayment plan, you...

What is the process to assuming a residential lease in Chapter 7?

I agree with my colleague. You do not have to take additional steps with the lease. While the bankruptcy does techically reject the lease...

What happens after a discharge when a home was not included but the home is now facing forclosure in colorado

If you used an attorney he may be vulnerable to a claim of malpractice for having you sign a reaffirmation on your house. If you did not use an...