Archived
I file chapter 13 bankruptcy, would like to know if I turn my truck in to the trustee what would happen.
Erich's answer
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Answered on January 29, 2015
You need advice from a local lawyer familiar with the terms of your plan. In some cases, you could modify to surrender a car, lowering the payment...
Archived
We are looking to file chapter 7. We both have approximately 4000 in our checking. Will we lose that money?
Erich's answer
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Answered on January 19, 2015
That's certainly within an amount that one might be able to keep by claiming an exemption. You ought to seek a consultation to determine if your...
Archived
Can a signature loan be at FCU be listed in bankruptcy court
Erich's answer
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Answered on January 09, 2015
The other attorneys are correct about the need to list all creditors. I think you are probably asking whether bankruptcy can help with a loan to an...
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TSP Loans and Chapter 13
Erich's answer
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Answered on January 08, 2015
TSP withholdings are often a qualified retirement deduction on the means test. Loan repayment may need to be averaged over 60 months or otherwise...
Archived
How much will my Chapter 13 payment be?
Erich's answer
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Answered on January 08, 2015
The means test disposable income is part of, but not the entire, plan payment.
The debtor filing the bankruptcy proposes a plan. Such is drafted...
Archived
HOA Lien
Erich's answer
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Answered on December 03, 2014
In the context of liens, there is a priority order. A subordination clause, such as that which you quote, adjusts the priority order between liens....
Archived
HOA LIENS
Erich's answer
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Answered on December 02, 2014
That means if the HOA forecloses a lien, the buyer would buy the house with the mortgage lien intact.
You have not provided enough info to...
Archived
What can do to keep bankruptcy court from increasing my payments I am struggle with what I have
Erich's answer
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Answered on November 11, 2014
There are a lot of reasons chapter 13 plan payments increase. Some there is room to argue about the need. Others, the plan cannot do what you want...
IS AMERICAN BANKRUPTCY ONLINE SERVICE LEGIT
Erich's answer
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Answered on November 06, 2014
I have never heard of the organization, nor do I know what kind of services they provide or arrange. I couldn't find them with quick google...
Archived
We are live in NC. Foreclosure was dismissed twice by Bank of America without prejudice. Can they file again?
Erich's answer
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Answered on November 02, 2014
You ought to talk with someone local that handles foreclosure defense. The attached recent case suggests there are limits to how a bank might...
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