I filed a chapter 7 in Arizona in 2010 included in the bankrupcy was a secured loan from a credit Union.
Derek's answer
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Answered on July 04, 2020
When a person files ch7 bankruptcy and receives a discharge, their personal liability for their debts is discharged. However the bankruptcy does...
I'm in Chapter 7. Is it possible to dispute a default judgment on the petition?
Derek's answer
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Answered on July 03, 2020
You can check the box, but checking the box really won't matter. the bk court is not going to hear the merits of the dispute and your personal...
Can we collect on a judgment after our corporation was dissolved?
Derek's answer
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Answered on July 01, 2020
I've never researched this so i am not sure, but my guess is no, unless the corporation transferred the right to collect the debt to you. That...
Archived
I co-signed $30,000.00 salie-may loan. My-step grandson. He signed to defer and now has $12,000.00 additional debt. ?
Derek's answer
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Answered on July 01, 2020
I agree wholeheartedly with my colleague, Mr. Love. Consult with a local bankruptcy or debt defense attorney who can take a detailed look at your...
Can a person use a California Chapter 7 Bankruptcy Exemption 704.730 on a home they don't own?
Derek's answer
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Answered on July 01, 2020
Black letter law: you can only exempt a property interest that you possess. The little old lady may have something called a "life estate" which...
Archived
Can I discharge even part of my student loans in bankruptcy?
Derek's answer
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Answered on June 29, 2020
You may be a candidate for a discharge of your student loans but be aware that discharging student loans is very hard and is usually expensive. ...
Signing an apartment lease chapter 13
Derek's answer
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Answered on June 28, 2020
You need to review your local rules regarding incurring debt. Different districtss allow different things and this is one area that is treated...
Was it wrong for me to get a new auto loan before bankruptcy discharge while also intending to retain and pay my current car?
Derek's answer
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Answered on June 26, 2020
Financially wise? Maybe not. Illegal or likely to cause problems with your case? No. There is no restirction on ch7 debtors incurring debt after...
Archived
CHP 13 . ,wages decreased .in 5 yr plan . Attorney amended payments but recommends to do house loan 56th month .Your Advice?
Derek's answer
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Answered on June 24, 2020
You have an attorney who represents you and who is familiar with your case, your judge, your trustee and your district. We are not. Also, most...
Archived
Chapter 13 dismissal for non payment?
Derek's answer
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Answered on June 24, 2020
Once the ch13 is dismissed, the bank can resume the foreclosure process and will need to proceed according to your state's laws. In most states...
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