Archived
We're 2 payments behind on a personal loan and I just received a call threatening the sheriff's to sell our assets to settle.
Travis's answer
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Answered on January 24, 2010
It is basically a scare tactic but there is some truth behind it. If a creditor obtains a judgment then it can attempt to execute on the judgment...
Archived
Why is my chapter 13 payment $2600 per month if my husband makes $2900
Travis's answer
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Answered on January 24, 2010
Income is rarely the basis for a chapter 13 plan payment. Sometimes it is. The more common basis is are the debts owed [namely secured debts...
Archived
Husbands ex-wife claiming bankruptcy on mobile home with his name still on the loan.
Travis's answer
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Answered on January 03, 2010
The ex-wife's bankruptcy filing is probably not an issue but a default on the loan obligation is. The most obvious solution would be to continue...
Archived
Can I put a unsecure creditor claim in bankruptcy court for vested stock options and restricted stock units?
Travis's answer
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Answered on January 03, 2010
Equity holders are not creditors in a bankruptcy case and therefore no proof of claim should be filed. In the unlikely event all creditors are paid...
