How long will it take the court to determine whether to grant a motion for relief from stay in a chapter 7?
Derek's answer
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Answered on February 08, 2012
The response time for a Motion for Releif from Stay is 20 days plus mailing time (usually 3 days) and if you fail to file a response to their MFRS...
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If we file chapter 7 and I have a joint account with my mother (elderly) and brother, what happens to the account funds?
Derek's answer
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Answered on February 08, 2012
Each trustee can handle this kind of situation according to their own inclinations, but generally most trustees will leave the money alone as long...
Archived
Will my Chapter 13 filing be listed in the newspaper in my county/state? Is it necessary to make debtors look like criminals?
Derek's answer
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Answered on February 07, 2012
You have a lawyer, call him or her. Practices may vary, but in most areas the only bankruptcys that are reported in the paper are those that are...
How do I know if my trustee is abandoning assets?
Derek's answer
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Answered on February 06, 2012
In my jurisdiction in North Carolina the Trustees do not issue a paper report of no distribution, it is just a text entry into the Pacer system...
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Hi my wife and i just filed a 7 bk personaly but started a s corp up in 3-14-09 and was administrativley dissolved in 11-04-09
Derek's answer
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Answered on February 06, 2012
Probably nothing will happen since it was admisitratively dissolved 2+ years ago. If you listed it the trustee may ask you a few questions about...
If my wife filed Chapter 13 before we were married, can the trustee take my tax refund?
Derek's answer
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Answered on February 06, 2012
I agree that your tax refudn should be safe this year. If you file jointly next year, the trustee would have a claim on at least the part of the...
Archived
Chapter 7 and 2011 Tax Refund
Derek's answer
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Answered on February 05, 2012
I agree that you should seek experienced counsel to determine the best course on how to use your tax refund. If you have yet to file your...
Archived
Credit card debt
Derek's answer
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Answered on February 05, 2012
Absolutely. Do it all the time. As long as any debt you incurred on the credit card(s) was incurred with the intention of repying the debt at the...
Archived
I had my first mortgage loan modify, i have a second and third can i file bk and keep my home.
Derek's answer
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Answered on February 05, 2012
I think you did not provide enough information for us to really answer your question. Are you current on your second and third mortgages? Are you...
Archived
Can wife and I use both our auto exemptions on one car titled only in her name when filing a joint Chapter 7 bankruptcy?
Derek's answer
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Answered on February 05, 2012
I am not licensed in Ohio so I do not know for sure, but here in NC, no you could not both claim an exemption unless both of your names were on the...
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